The appeals court determined that Michael Jackson's will grants the musician's executors "broad powers to buy and sell estate assets in the estate's best interests" while also outlining that all estate assets will eventually be transferred to the trust, thereby ensuring that Katherine and the children remain beneficiaries.
Katherine Jackson had previously complained that selling assets from Michael Jackson's catalog would violate her son's wishes; however, she acknowledged that the executors held the authority to proceed with the transaction, indicating a complex conflict between her concerns and the terms of the will.
The court's ruling emphasized that the provisions of Michael's will are not contradictory; when read together, they authorize executors to manage estate property, affirming the legality and appropriateness of the proposed transaction.
The appeals court rejected Katherine's challenge regarding a supposed violation of Michael's will, noting that she had forfeited her argument by failing to present it during earlier hearings, thereby limiting her ability to contest the sale.
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