Michigan residents may have heard that one of Michael Jackson's nephews has emerged as legal co-guardian of the pop singer's three minor children. Jackson's 82-year-old mother was initially given guardianship of the three children but has asked the nephew to share the responsibility with her. He will be paid a total of $9,000 per month for his work with the children, who are now 16, 14 and 11 years old. Jackson's mother estimates the young man spends an average of 60 to 80 hours per week with the children.
Originally, Jackson's mother suggested a figure in excess of $9,000 per month as payment for the co-guardian's duties. However, Jackson's nephew rejected that offer, stating that the amount was excessive. He eventually agreed to compensation of $9,000 per month at his grandmother's urging. The request was approved by the court.
When children are bereft of parents, guardians must be appointed to see to their physical, emotional and financial needs. It is very important that children have a stable environment and that they have access to the things they need such as food, clothing and education. A guardian can be appointed either before a parent's death, through a will or other instrument or after death by a court.
For those who are contemplating possible guardians for children, it may be beneficial to consult an estate management attorney. There are several ways to appoint guardians although several factors may determine how the guardianship is handled at the time of a parent's death, including survival of former spouses. An attorney may be able to explain various options to individuals and help them understand how to appoint a guardian for their children.
Source: E! News, "T.J. Jackson granted $9,000 per month as co-guardian of Michael Jackson's kids," Rebecca Macatee and Claudia Rosenbaum, April 19, 2013