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VIA LA TIMES:

The mother of Michael Jackson will retain custody of his children, and the biological mother of the two elder children will visit and maintain her legal parental rights under an agreement reached by both sides, The Times has learned.

Katherine Jackson, 79, the late pop icon’s mother, and Debbie Rowe, 50, who bore Jackson’s two older children, also agreed to mutually hire a child psychologist to advise them on how, when and where Rowe’s visits should take place, a knowledgeable source said.

The agreement will go before a Los Angeles judge Monday, and both sides expect the judge to approve it, the source said. Rowe did not ask for custody. “Debbie is really happy” about the arrangement, said the source, refusing to be identified because the agreement has yet to be announced.

The source said Rowe did not receive any money under the arrangement and will pay half of the fees for the child psychologist.

Neither side made any demands that were rejected, the source said, and the arrangement was agreed to without contentious negotiation.

Read more here.

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