Jackson's Mom Gets $86K a Month

Michael Jackson’s estate pays his mother $86,804 every month, the LA Times reports. Estate administrators set up the allowance because the pop singer’s estate—worth an estimated $500 million—is so vast that settling it in court could take years. The allowance pays Katherine Jackson $26,804 every month for her own expenses and $60,000 to be spent on Michael’s three children. None of the money has to go to housing expenses, because Jackson’s estate is paying the mortgage on the Encino ranch separately.