Michael Jackson's Will

Michael Jackson's 7-year-old will was filed Wednesday in a Los Angeles court, giving his entire estate to a family trust but cutting out his former wife Debbie Rowe. The documents said Jackson's estate consisted almost entirely of "non-cash, non-liquid assets, including primarily an interest in a catalogue of music royalty rights which is currently being administered by Sony ATV, and the interests of various entities." His mother, Katherine Jackson, is named as a beneficiary of the trust and the guardian of Jackson's three young children, who are named in the will. And despite earlier claims, Jackson's father Joe is not specifically left out, nor are any charities named, PEOPLE reports. The will names Diana Ross as a successor trustee to Jackson's mother if necessary. The will, dated July 7, 2002, estimated his estate at that time at more than $500 million. It gives the entire estate to the Michael Jackson Family Trust.