Not only did Michael Jackson‘s children lose their father, but now there is a chance they will lose the majority of their inheritance because of taxes.
Prince, Paris, & Michael Jackson Jr. aka Blanket were set to inherit $900 million but $555 million could be taken away from authorities. Apparently the icon also owed over $300 million in debt which would then eliminate the rest of the money. To add insult to injury, Michael Jackson‘s $1.54 million dollar ‘Gone With The Wind’ Oscar is now missing.
Will these kids every catch a break?! Hopefully all of this works itself out and the children are not left out in the cold.