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1 Jul 2024 15:30
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  •   Home > News > Entertainment

    Prince Jackson paid an emotional tribute to Michael Jackson on the 15th anniversary of his death

    The late King of Pop's 27-year-old son shared a heartfelt message about the 'Thriller' singer - who died aged 50 of cardiac arrest in 2009 - alongside a picture of his father playing at the 1993 Super Bowl XXVII halftime show

    28 June 2024
    He captioned the post: "Miss you pops. The world felt better with you in it."

    Prince - who is the eldest of Michael's kids, including Paris, 26, and Bigi, 21 - was just 12 years old when his dad passed away.

    Prince previously opened up about how he honours his late father in his everyday life.

    He told E! News: "I have photos of him and the uncles inside my house. I have artistic paintings of him around my house.

    "I like to lead my life with love, which is what he taught me and I try to help at least one person a day and I feel like that is a way of continuing his legacy."

    Last month, it was reported that Prince and his siblings cannot receive money from the late singer's estate until a long-running tax dispute is resolved.

    Prince, Paris and Bigi Jackson, as well as Michael's mother Katherine, 94, have been told by John Branca and John McCain, the ex ecutors of the 'Billie Jean' hitmaker's will, that they won't receive anything from his trust until the ongoing row is finalised.

    The dispute began when the IRS audited the estate's federal tax return and "issued a note of deficiency" claiming that the estate "undervalued its assets" and owed "an additional $700 million in taxes and penalties", documents filed this week and obtained by People magazine state.

    In 2021, the estate disputed the assessments and won following a trial in tax court, but since then, its lawyers filed a motion for reconsideration regarding the value of Mijac, Michael's catalogue owned by Sony Music, which remains pending.

    As a result, the value of the estate has not been determined for tax purposes and the two parties need to agree a value of deduction before a judgement can be entered.

    And while the process is ongoing, attorneys requested a portion of the estate "remain subject to administration" to distribute to the Michael Jackson family trust.

    However, the ex ecutors rejected the request because they cannot "possibly determine what amount could be safely distributed at this time."

    © 2024 Bang Showbiz, NZCity


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