Paris Jackson Seeks Pay Cut for MJ Estate Executor, Response Given

Paris Jackson has filed a motion in court asking for a significant reduction in the compensation awarded to the executor of her father, Michael Jackson‘s estate. She argues that the executor has demonstrated “ongoing incompetence” in the timely submission of important financial documentation, according to information obtained by TMZ.

In the legal documents acquired by TMZ, Paris has requested that a judge in the Los Angeles County Superior Court reduce executor John Branca‘s compensation from 15% to 10% of the estate’s gross entertainment-related income for the years 2023, 2024, and beyond until a comprehensive accounting is submitted in 2026.

Paris contends that Branca has consistently submitted financial statements that are either late or incomplete. She emphasizes that despite Branca’s request for approval of $109,219,648.27 in compensation to co-executors and a law firm, he has neglected to fulfill basic accounting disclosure requirements.

In her filings, Paris describes Branca’s alleged failure to meet his fundamental duties as executor of the estate as “intolerable.” She has also requested that the court cover her legal fees and related expenses, asserting that her efforts to address these issues will ultimately benefit the estate.

In response to Paris’s allegations, a representative for Michael Jackson’s estate commented to TMZ, stating, “It is an understatement to say that this motion lacks merit and is not supported by factual evidence. The plaintiff’s attorneys are seeking a reduction in executor compensation, despite the fact that the executors have waived this from the very beginning and have not received any executor compensation. They are compensated through a separate, court-ordered management fee for overseeing the highly profitable Michael Jackson business.”

The representative further asserted, “It is also illogical for the motion to demand unreasonable penalties for the 2023 and 2024 accountings, which have already been submitted, or for the 2025 and 2026 accountings, which are not due for another 6 and 14 months, respectively.”

In earlier court documents, Branca highlighted his efforts in transforming the estate’s valuation from being hundreds of millions in debt to a valuation worth billions.

Recent documents indicate that Branca submitted an annual accounting report, which disclosed that Paris had received approximately $6.3 million in benefits over the last year.