Michael Jackson Cuts Dad Out of Will

Although lawyers for the Jackson family claim no will exists for the late Michael Jackson, a seven-year-old draft for a final testament surfaced yesterday.

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The 2002 draft left his estate to his mother Katherine Jackson, his three children — Prince Michael, 12, Paris, 11, and Blanket, 7 — and at least one charity, according to the Wall Street Journal.

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Jackson’s father, Joe Jackson, wasn’t listed as an heir.

The document also names attorney John Branca and music executive John McClain as executors of the estate. Branca was on retainer for Jackson from 1980 to 2006 and was rehired shortly before the singer’s sudden death on Thursday.

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Although Jackson reportedly died with approximately $500 million in debt, the value of his assets likely outweigh that by $200 million or more, sources told the paper.

According to those sources, the 2002 will could be submitted to court as early as Thursday.