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OTRC: Janet Jackson on Michael Jackson's will: we have no financial motives

Janet Jackson at the auction for the amfAR Cinema Against AIDS benefit during the 65th Cannes film festival, in Cap d'Antibes, southern France, Thursday, May 24, 2012. (PRNewsFoto/Nutrisystem, Inc.)

Janet Jackson released an official statement, claiming that her siblings' interest in Michael Jackson's will is not for financial gain.

"It is important to stress that Janet, Randy and Rebbie have questioned the validity of the will with no financial motive whatsoever - they stand to gain nothing financially by a finding that the will is invalid," read the statement, which was obtained by OnTheRedCarpet.com on August 3. "That point is worth repeating - they stand to gain nothing financially by a finding that the will is invalid."

The Jackson family recently made headlines over the guardianship of Michael Jackson's children - Prince, 15, Paris, 14 and Blanket, 10. On August 2, their grandmother Katherine Jackson was reinstated as their guardian, with Tito Joe "TJ" Jackson listed as the temporary co-guardian.

"The estate and the guardianship will be managed in a manner that is in the best interests of the children, which is what Michael wanted," the statement continued. "The individuals who have the most to lose by a finding that the will is invalid are, of course, the executors and those on the executors' payroll."

The guardianship changes occurred because Katherine had been out of contact with her grandchildren for 10 days. Katherine's trip to Arizona came at the heels of a dispute about Michael Jackson's will between his siblings Randy, Tito, Jermaine, Rebbie and Janet and the executors of the King of Pop's Estate. The siblings wrote in a letter that they believe Michael Jackson's 2002 will is fraudulent.

Janet Jackson claimed that the media frenzy was created by the executors of Michael Jackson's estate, who were allegedly trying to distract from the sibling's ongoing claims.

"The negative media campaign generated by the executors and their agents has been relentless. In recent weeks, the media has received preposterous reports - all now proven to be false - of a purported kidnapping of Katherine Jackson and of physical and verbal abuse of a child," Janet Jackson said in her statement, referring to reports that she slapped Paris Jackson. "The executors and their agents also recently issued a notice barring Janet, Randy and Rebbie from visiting their 82-year-old mother and Michael's children."

"The effect of that notice not only is to damage fundamental family relationships, it is also to isolate Katherine Jackson from questioning the validity of Michael's will," the statement continued. "The executors have never explained how Michael could have signed his will in California on a date that irrefutable evidence establishes he was in New York."

In her statement, Janet called out the executors - John Branca and John McClain, as well as the estate's lawyer Howard Weitzman. She closed the document stating that Janet, Randy and Rebbie would "continue to press forward in their search for the truth in order to carry out the wishes of their brother Michael." It is unclear exactly what these wishes are.

Jermaine Jackson wrote on August 1 that he wished to make peace amongst the family and that he would rescind his signature from the letter.

Jermaine's brother, Randy Jackson, continued to attack the validity of the will in Tweets as recently as July 27.

Michael Jackson died at age 50 from an overdose of anesthetic propofol. During his legendary solo career, Jackson won 13 Grammys and 13 of his songs hit No. 1 on the U.S. singles chart.

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