Paris Jackson seeks $600 million transfer from Michael Jackson’s estate to family trust

Jackson has petitioned a Los Angeles probate court to order the $600 million transfer. Her attorneys claim the estate holds approximately $600 million in distributable cash, even after accounting for potential liabilities. The estate says unresolved legal matters, including an IRS tax dispute, prevent it from fully funding the trust. It also denies withholding or reducing payments to beneficiaries.