Michael Jackson’s sister Janet Jackson will have the task of untangling the King of Pop’s complicated finances.

According to the New York Post, Janet has been named the executor of his estate and will soon begin the long process of handling his assets, debts and what money, if any, her brother left behind.

A family friend tells the New York Post, “She’s in charge, she had the documents, she has control of his stuff.”

Katherine Jackson granted temporary custody of MJ’s kids

When Jackson died on Thursday, he left an enormous musical legacy and a back catalogue worth millions – but also huge debts, caused by his legendary and unrestrained spending sprees.

Take a look at our Michael Jackson tribute gallery: