No Money, No Kids For Debbie Rowe

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Debbie Rowe Michael Jackson Katherine Jackson custody
Debbie Rowe and Jacksons reach friendly agreement four days before scheduled custody hearing.

Good news: the custody hearing involving Michael Jackson's kids wasn't scheduled to take place until next Monday, August 3. Evidently Michael's ex-wife Debbie Rowe has been so amicable throughout the deliberations that the parties have reached an out-of-court decision a whopping four days early. Debbie Rowe Honoring MJ's Custody Wishes

Bad news: Debbie won't get the kids, according to New York Daily News. The lawyers of Debbie Rowe and Katherine Jackson teamed up to write the agreement and issue a statement to the public. They said Prince, 12, and Paris, 11, Debbie's two children with Michael, will go permanently to Michael's mother Katherine along with their seven-year-old brother Blanket whose secret surrogate mom is speculated to be Norwegian dental hygienist Pia Bhatti.

It sounds like Debbie gave up her chance at any ties to Michael, especially the prospect the public was most curious about: money. Debbie won't receive any of Michael's money based on the agreement, according to the Daily News. However, Debbie does have visitation rights with the two older children, even though her role in their lives to date has been reported as quite minimal (Michael had full custody after both their births until 2005 when Debbie took him to court to gain partial custody). The lawyers stated, "The timing, frequency and manner of visits shall be implemented according to the best interests of the children, as determined by a child psychologist selected jointly."

Where does everyone stand on the decision? Katherine Jackson's lawyers say "the [Jackson] family are pleased," and Debbie Rowe's lawyer called it a "dignified outcome." And as the gorgeous kids have stated they wanted to remain close to Michael's family (specifically to their aunt Janet), we expect they'll adjust to the now-permanent arrangements seemlessly.