LOS ANGELES--(BUSINESS WIRE)--Los Angeles Superior Court Judge Mitchell Beckloff today admitted Michael Jackson’s will into probate without challenge and with the consent of Mrs. Katherine Jackson. Judge Beckloff also continued the appointments of John Branca and John McClain, the executors named in Michael Jackson’s will, as Special Administrators for the next 60 days.
“The Special Administrators are in the process of creating significant value for Michael Jackson’s beneficiaries -- his three children, his mother Mrs. Katherine Jackson and the charitable causes that were so important to him during his lifetime,” stated Howard Weitzman, attorney for Mr. Branca and Mr. McClain. “The court also approved our request to grant family allowances for Mrs. Katherine Jackson that was agreed to by Mrs. Jackson’s attorney and also approved, with slight modification by the court, an allowance for Mr. Jackson’s three children.”
In addition, the court granted the request of the Special Administrators that Mrs. Jackson and her attorneys sign a confidentiality agreement, previously provided them, so that they could receive information to review on three important business transactions.