Those business negotiations will be submitted to court officials for approval within the coming week, according to the papers.
Information about the estate was included in two motions form Branca and McClain asking the court to approve a petition filed by Jackson's mother Katherine requesting a monthly allowance.
Katherine, 79, filed an appeal on Thursday seeking access to her son's finances so she can provide for her grandchildren, Prince Michael, 12, Paris, 11, and seven-year-old Prince Michael II, aka Blanket.
A judge will consider granting Katherine's request at a hearing on Aug 3.