Paris Jackson seeks $600 million transfer to father's trust 17 years after death

Paris Jackson has filed a legal petition requesting that $600 million be transferred into her late father Michael Jackson's family trust, more than a decade and a half after the music legend's death in 2009.

The Jackson estate has accumulated substantial income during the years following Michael Jackson's passing, yet the family trust has remained unfunded. Paris Jackson and her two brothers have not received distributions from the trust that was established for their benefit, according to legal filings related to the matter.

Executors of the Jackson estate have cited ongoing tax complications as the primary obstacle preventing the trust from being funded and distributions from being made to the beneficiaries. These unresolved tax issues have reportedly stalled the process despite years passing since Jackson's death.

As Paris Jackson and her siblings advance toward their thirties, the petition argues that it is now appropriate for the trust to begin making distributions. The legal action represents an effort to accelerate the process and ensure that beneficiaries can access funds intended for them, particularly as they reach ages typically associated with greater financial independence and decision-making capacity.

The petition underscores ongoing complexities in administering one of entertainment's largest and most high-profile estates, where substantial assets and complicated tax obligations have created prolonged delays in beneficiary distributions.