Michael Jackson’s estate is at risk of being completely depleted among ongoing court cases and IRS disputes. However, the Michael Jackson estate claims that the allegations are false. If the pair wins the lawsuit, they would undoubtedly be entitled to a massive settlement that the Michael Jackson estate will be forced to pay. On the other hand, the IRS had valued the singer’s estate to cost $161 million. Paris Jackson, the singer’s daughter, previously accused the executors of his estate of mismanaging her father’s estate.