A thriller of a custody battle has now been avoided.
Katherine Jackson's attorney, L. Londell McMillan, made the announcement this morning on CBS' Early Show, revealing that Rowe, the biological mom of 12-year-old Prince Michael and 11-year-old Paris Jackson, agreed to terms that will give the Jackson family matriarch full custody, in exchange for her receiving visitation rights.
The legal eagle was quick to note that Rowe, 50, would not be receiving any financial windfall as part of her decision to give up her parental rights and not challenge the custody arrangement in court.
"It's an agreement. . .for the best interests of the children. This is not a money deal. There's no situation better for these children then to be raised and reared under the care of Mrs. Jackson," McMillan said.
The resolution makes good on Jackson's final wishes as stipulated in his will that his mother raise the kids, which includes seven-year-old Prince Michael II (aka "Blanket"), who was born via artificial insemination and whose mother's identity remains unknown.
Catch up on all the latest in the Michael Jackson saga here.