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Katherine Jackson was named the permanent guardian of Michael’s three young children today. Biological mother Debbie Rowe will maintain visitation rights, and consent forms signed by both Paris and Prince Michael, indicating that they want to stay with Katherine, were presented at the hearing this morning.

According to radaronline.com, a follow-up hearing on the matter has been set for October 2, and Judge Beckloff also signed off on Jackson’s estate paying out monthly allowances to Katherine and the kids. The amount of the monthly allowances was not disclosed, but the judge noted that he made the childrens’ stipend 83.5 percent of what was requested. Katherine’s allowance will be reviewed in six months, and an additional hearing on the childrens’ payments has been scheduled for January 11, 2010.

MJ’s dermatologist objects to Katherine getting custody

Did MJ die in doctor’s bed?

Take a look at some rare photos of MJ and his kids:

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