ERAssure Blog Michael Jackson's $500 Million Estate Debt and How To Avoid the Mistakes That Created It.

It has been eight years since the death of 'The King of Pop', yet his estate is still in distress. Michael Jackson will forever be the 'King of Pop', however, his untimely death in 2009 revealed that he left behind a debt of $500 million for his estate.Jackson had been known for his lavish taste in furniture, artwork, and ownership of musical rights. Ultimately, this left him with surmounting debt. Forensic accountant William R. Ackerman has spoken publicly about Jackson's spending habits.