Katherine Jackson To Split Guardianship Of MJ's Kids

Katherine Jackson has had a change of heart and is now ready to share guardianship of Michael Jackson's children with her grandson TJ.

TMZ are reporting that Katherine's attorney Perry Sanders has issued them a statement that explains Katherine and TJ will file a request for joint guardianship with the court early next week.

The pair fully expect the request to be approved by the judge. Saunders said: "That pleading will essentially now legally reflect how Mrs. Jackson and TJ have often shared responsibilities of raising the children since Michael Jackson's tragic passing."

Katherine's lawyer added that  the new arrangement reflected the wishes of Michael ,and his children Paris, Prince and Blanket.

If the court grants the joint request, Katherine's lawyer says TJ will be able to assume a lot of the day-to-day responsibilities that have been making life difficult for the 80 year-old matriarch.

The children's uncle will manage household personnel and security.

"It will also make clear for school personnel and anyone else coming into contact with the children that TJ is authorized to act on their behalf," Perry tells TMZ.

"Mrs. Jackson will then be freed up to focus on the more personal everyday decision making related to the lives and activities of the children."

Katherine's lawyer says the agreement would still empower Katherine to control the family's allowance, which is a whopping $70k per month. Due to the new agreement, it looks likely that TJ will become the sole guardian of the children if Katherine dies while they are still minors.

Katherine's lawyer concludes, "Mrs. Jackson is extremely pleased with the prospect of enjoying the pleasure of raising Michael's children without the day-to-day tedium of items such as managing the large staff that goes with such a high profile family and focus her attention on being a grandmother and raising Michael's children."

Perry told TMZ  that TJ will file a petition to become the sole permanent guardian later today, but that's just a formality because of a court imposed deadline.

The joint petition will trump that filing altogether!

Here's Michael as we knew and loved him...