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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Entertainment > Article Home Business & Finance News U.S. Politics International Technology Entertainment Film Music People Television Arts Industry Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Lawyers set to square off over Jackson estate Sun Jul 5, 2009 8:51pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Bernie Woodall LOS ANGELES (Reuters) - Lawyers for Michael Jackson and his family on Sunday prepared to square off in a courtroom hearing over control of the singer's estate as media reports mounted about powerful drugs that may have contributed to his death. One legal expert predicted the existence of a 2002 will signed by Jackson means his mother, 79-year-old Katherine Jackson, will likely be forced to give up temporary control she now has over his affairs. "Given the existence of the will and the expression of Michael's intentions, the only likely outcome is Katherine's powers will be terminated and she will no longer have any power to deal with the estate," Los Angeles-based family law attorney Michael G. Dave said on Sunday. Lawyers for Katherine Jackson and for two men named co-executors of the will -- attorney John Branca and music executive John McClain -- that surfaced late last week will meet in Los Angeles Superior Court on Monday. Katherine Jackson was granted temporary administrator of her son's affairs last week before the will became known. It puts his estate, which in an attachment is valued at more than $500 million, into a family trust that benefits his three children, his mother, and charities. Jackson died as much as $500 million in debt according to media reports, but he had assets that have been valued as high as $1 billion and include part ownership in a music catalog of songs from the Beatles and other recording artists. REPORTS OF DRUG USE MOUNT A separate hearing over the guardianship of Michael Jackson's children has been postponed until July 13. Katherine Jackson has been named temporary guardian of Prince Michael Jackson Jr., 12, Paris Michael Katherine Jackson, 11, and Prince Michael Joseph Jackson, II, 7, and the 2002 will also makes her guardian of the children. Meanwhile, more media reports surfaced over the weekend about possible drug use by the 50-year-old "King of Pop," who died on June 25 when he went into cardiac arrest at his rented mansion in a wealthy Los Angeles neighborhood. Several media reports have said the powerful anesthetic Diprivan was found in the home, and the Los Angles Times reported that a police probe is focusing on the role doctors may have played in providing Jackson with medication. "Numerous bottles," of Diprivan without labels were found at the mansion, according to the Los Angeles Times. Criminal defense attorney and legal expert Steve Cron said police will try to determine if any doctors who prescribed the medication were regularly examining Jackson. "The step everybody is waiting on, is the autopsy report to show what was in (Jackson's) system," Cron said. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: "Ice Age" sequel heats up worldwide box office Also on Reuters Blog: Abe Lincoln, the Big Cheese! 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Full Coverage We want to hear from you Join the Reuters Consumer Insight Panel and help us get to know you better Please take a moment to complete our survey Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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