Paris Jackson Seeks Cut to Michael Jackson Estate Fees

Paris Jackson has asked a Los Angeles judge to reduce compensation tied to her late father Michael Jackson’s estate, challenging a payment request of more than $100 million and alleging that required financial accountings are deficient. In a motion, Jackson seeks to lower the rate from 15% to 10% of gross entertainment-related income for 2023, 2024 and each subsequent year until a complete 2026 accounting is filed. The motion challenges compensation sought for the co-executors and the Ziffren law firm. One filing puts the requested amount at $109,219,648.27. Jackson alleges that the 2023 accounting was incomplete and the 2024 submission was only a placeholder, despite a deadline she says was extended. She argues that the filings do not provide a basis for court approval of the compensation. Her motion also asks the court to award her attorneys’ fees and legal costs, saying her efforts benefit the estate. The estate disputes both Jackson’s characterization of the payments and her account of the filings. A representative says the executors waived executor compensation and have never received it, and that the challenged payments are a separate, court-ordered management fee for...