IV

I direct that all federal estate taxes and state inheritance or succession taxes payable upon or resulting from or by reason of my death (herein "Death Taxes") attributable to property which is part of the trust estate of the MICHAEL JACKSON FAMILY TRUST, including property which passes to said trust from my probate estate shall be paid by the Trustee of said trust in accordance with its terms. Death Taxes attributable to property passing outside this Will, other than property constituting the trust estate of the trust intentioned in the preceding sentence, shall be charged against the taker of said property.

我指定所有因我死亡或在我死亡之时需支付的联邦遗产税和州继承税(简称“遗产税”)由迈克尔•杰克逊家庭信托基金财产支付,包括由我的遗嘱检验财产归入以上基金的财产部分应由上述受托人按照相关条款进行。本遗嘱所涉遗产之外的遗产税,除了构成基金财产的部分,应由上述财产获得者支付。

V

I appoint JOHN BRANCA, JOHN McCLAIN and BARRY SlliGEL as co-Executors of this Will. In the event of any of their deaths, resignations, inability, failure or refusal to serve or continue to serve as a co-Executor, the other shall serve and no replacement need be named. The co-Executors serving at any time after my death may name one or more replacements to serve in the event that none of the three named individuals is willing or able to serve at anytime.

我指定约翰•布兰卡、约翰•麦克伦和巴里•希杰尔作为此遗嘱共同执行人。如出现他们死亡、放弃、无行为能力、未能或者拒绝继续作为遗嘱共同执行人的情形,其他执行人应继续履行,不得指定其他代执行人。共同执行人在我死后可指定一名或多名代执行人履行此三名执行人不愿或不能实现的行为。

The term "my executors" as used in this Will shall include any duly acting personal representative or representatives of my estate. No individual acting as such need post a bond.

“我的执行人”一词在此遗嘱中应包括任何适时行为的财产个人代表。有此行为的个人无需签署任何契约。

I hereby give to my Executors, full power and authority at any time or times to sell, lease, mortgage, pledge, exchange or otherwise dispose of the property, whether real or, personal comprising my estate, upon such terms as my Executors shall deem best, to continue any business enterprises, to purchase assets from my estate, to continue in force and pay insurance premiums on any insurance policy, including life insurance, owned by my estate, and for any of the foregoing purposes to make, execute and deliver any and all deeds, contracts, mortgages, bills of sale or other instruments necessary or desirable therefor. In addition, I give to my Executors full power to invest and reinvest the estate funds and assets in any kind of property, real, personal or mixed, and every kind of investment, specifically including, but not by way of limitation, corporate obligations of every kind and stocks, preferred or common, and interests in investment trusts and shares in investment companies, and any common trust fund administered by any corporate executor hereunder, which men of prudent discretion and intelligence acquire for their own account.

我在此授予我的执行人完全权力在任何时间出售、出租、抵押、交换或以其他方式处理财产,不论是不动产,还是个人财产,以继续企业贸易、购买资产、购买保险,包括人寿保险,或为以上目的而缔约、履行或交付契约、合同、抵押、抵押证劵或其他必要的形式。另外,我赋予我的执行人完全权力对财产基金以任何形式的财产、不动产、个人或混合财产进行投资、再投资,包括但不限于各种形式的公司债务,首选或普通股,对信托基金投资和投资公司股份的投资,以及由共同执行人管理的任何普通信托基金。

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