Michael Jackson's mother Katherine will receive full custody of Michael's three children, Prince Michael I, 12, and Paris, 11, and Blanket, 7, under the terms of a deal that has just been reached, her lawyer told The Early Show Thursday morning.
"There is no situation better for these children than for them to be raised and reared in the loving care of Mrs. Katherine Jackson," L. Londell McMillan said.
When asked about the financial situation surrounding the Jackson estate and whether or not the kids will be taken care of financial, he added, "That estate is worth, in my estimation, a couple of billion dollars," he said. "You hear $500 million. Don't buy it."
Prince Michael I and Paris' biological mother Debbie Rowe will visit and maintain her legal parental rights under an agreement reached by both sides, but considering how absent she was in their lives before Michael's death, we doubt we'll be seeing much of her.
According to the Los Angeles Times, “Debbie is really happy” about the arrangement, said the source, refusing to be identified because the agreement has yet to be announced.
There's going to be a different statement released later this week that will outline the details of the custody agreement, including how often Debbie will be allowed to visit the kids.
Sounds like the judge made the best possible decision for the kids. Katherine has helped raise Michael's children since they were just babies, so Grandma has basically been the only mother they've ever know.