CELEBRITY
07/26/2012 08:24 am ET | Updated Sep 25, 2012

Katherine Jackson Could Lose Millions In Perks

The plot to turn Katherine Jackson against the Michael Jackson Estate has backfired in the most ironic of ways ... because the money grab could end up costing Katherine millions in perks.

When Katherine was appointed guardian of Paris, Prince and Blanket, the Executors gave an allowance of $60,000 per month for the care of the children ... that's $720,000 a year. Less than a year later the judge increased the 60k to 70k, and that would make the yearly take $840,000.

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