Jackson’s Bankrupt Estate Turned Profitable, Execs Pay Increased

When it comes to estate planning in contemplation of that journey everyone must take, it is as important to think about estate administration which will occur after you have gone. Determining where your assets will go and on what terms is not the only consideration that needs to be made. Especially for wealthier individuals, the estate does not simply get divided after your death. Estates often continue earning profit for the advantage of the beneficiaries, and that requires management.

The executors of Michael Jackson’s estate recently asked for and received an increase in their “paycheck” after turning the once…