Michael Jackson Property Says Katherine’s Acquired Over $55 Million Since His Loss of life

Michael Jackson‘s mom has amassed a fortune since her son died — to the tune of tens of hundreds of thousands, which is why she will pay for her personal legal professionals … so claims MJ’s property.

A rep for the property confirms to TMZ that they’ve filed authorized docs of their ongoing dispute with Katherine Jackson over lawyer’s charges that she’s making an attempt to have the property cowl … over a deal that the property itself struck, which she’s presently interesting.

TMZ has seen the paperwork … and it lays out some monetary information that, if correct, is completely eye-popping.

Within the submitting, the property claims there is a large amount of money and different advantages Katherine has obtained since Michael’s demise in 2009 … with the executors of the property alleging all of it totals greater than $55 million over the practically 15 years.

An excellent chunk of that dough, the property claims, comes within the type of a month-to-month allowance it says Katherine is afforded by MJ’s property, and totals greater than $160k/month.

That allowance alone quantities to $33 mil of the $55M, based on the property.

On high of that, the docs say Katherine is nicely taken care of by the property … which claims to have shelled out greater than $15 million to purchase and enhance her luxurious house, to not point out paying for her transportation and different perks — like a personal gardener, chef, and safety.

The purpose of the property executors laying this all out is to bolster their argument Katherine can afford to cowl her personal lawyer’s charges as she pushes ahead along with her attraction to battle an enormous enterprise deal the property struck … which she and Michael’s son, Blanket, have been combating collectively till just lately.

Unclear what precisely that deal is, nevertheless it seems to be associated to the blockbuster deal the property struck for Sony to purchase half of MJ’s music catalog for 9 figures.

We broke the story … Blanket filed legal docs earlier this week that made clear he, too, felt Katherine needs to be overlaying her personal lawyer’s charges for the attraction — and that the property should not have to choose up the tab.

Blanket was on Katherine’s facet up till a decide finally dominated towards them, and he determined it did not make sense to go ahead with an attraction of that ruling.

Blanket now says he desires out of the battle — and that Katherine is on her personal for the attraction.