Tattle: It's news vs. speculation in MJ saga
LIKE MOST celebrity information, the nuggets can usually be divided into two camps: News and speculation.
The "news" has some reliable chance of validity and accuracy; the speculation, tending to be juicier and more ridiculous, sometimes turns out to be valid, but who knows.
When it comes to the death of Michael Jackson, speculation, and it's ugly cousin, conspiracy theorizing (the "Michael-was- murdered"-for-the-insurance/
by-his-doctor/by-THE-MAN stories) are rampant. These stories will often generate the most watercooler chatter, but Tattle is avoiding them - at least until a slow news day. For the time being, there's enough actual MJ "news":
* Jackson's five-page will, dated
July 7, 2002, was filed in Los Angeles yesterday. Michael signed the will and initialed each paragraph.
His entire estate goes to a family trust; his mother, Katherine, becomes the guardian of his children, and his ex-wife Debbie Rowe gets bupkis.
(Bupkis is a legal term.)
In 2002, Jackson estimated his estate at more than $500 million, but if his retirement accounts have been slammed like Tattle's, he's probably now worth about $50.
Katherine and the children are named as beneficiaries of the trust. Should something happen to Katherine, Jackson named longtime friend and mentor Diana Ross to take over.
Guess the will was filed with the Supremes Court.
Jackson's longtime lawyer, John Branca, and music executive John McClain, are named in the will as co-executors.
In a statement, Branca and McClain said: "The most important element of Michael's will is his unwavering desire that his mother, Katherine, become the legal guardian for his three children. As we work to carry out Michael's instructions to safeguard both the future of his children as well as the remarkable legacy he left us as an artist we ask that all matters involving his estate be handled with the dignity and the respect that Michael and his family deserve."
The matters so far, of course, have just been oozing dignity.
* Executors Branca and McClain
moved quickly to take control of all of Jackson's property, going to court to challenge a previous ruling by the judge that gave Katherine control of 2,000 items from Neverland.
Katherine does not have court permission to manage any of her son's financial interests.
Superior Court Judge Mitchell Beckloff said Katherine will stay in charge until Monday, and urged attorneys from both sides to reach a compromise so "that we don't have a difficult time in court."
You'd think a judge would have a better understanding of the way lawyers work: If they reach a quick compromise, Judge, the billable hours are over.
* As fans began to arrive at Nev-



