Deal: Katherine Jackson Gets Custody Of Michael's Kids; Debbie Rowe gets visitation

Reaching a mutual settlement about the custody issue with no money involved, Michael Jackson's mother Katherine gets the custody of Michael's three children and Debbie Rowe will get visitation of the two children.

Katherine's attorney Londell McMillan said on CBS' The Early Show Thursday, "It's an agreement, an agreement for the best interests of the children. This is not a money deal. This is not about money."

"There is no situation better for these children than for them to be raised and reared in the loving care of Mrs. Katherine Jackson."

For Rowe, she will maintain her parental rights. Visitation rights was given for her two oldest children – Prince Michael I, 12, and Paris, 11. A child psychologist will be used for supervision.

The custody agreement will be presented to a Los Angeles Superior Court judge on Monday.

Guardianship hearing for Michael Jackson's kids postponed again.

Custody hearing for Michael Jackson's Kids (Prince, 12, Paris, 11, and Blanket, 7) has been postponed and it was moved to Aug. 3.

According to TMZ, "Katherine Jackson and Debbie Rowe are close to a settlement. The deal is amicable and it involves the children -- not money."

Rowe, who is still collecting money from an agreement with Michael was drafted so it will survive Michael's death.

Katherine Jackson remains the temporary guardian for Michael Jackson's Kids.

Debbie Rowe Won't Attend Michael Jackson's Memorial, say lawyer

Debbie Rowe, the mother of two of Michael Jackson's children, decided that she won't attend Michaels's memorial at Staples Center to prevent media circus.

Her attorney Marta Almli released a statement, "The onslaught of media attention has made it clear her attendance would be an unnecessary distraction to an event that should focus exclusively on Michael's legacy. Debbie will continue to celebrate Michael's memory privately."

Rowe, the biological mother of Paris, 11, and Prince Michael I, 12 gave no definite answers over the custody issue.

Reports: Michael Jackson not the biological father; Debbie Rowe was just a surrogate

Complications in Michael Jackson's untimely death are slowly revealing and developing. Reportedly, the King of Pop was not the biological father of any of his three children and Debbie Rowe is not the biological mother either. Debbie was just a surrogate that was well paid for her services.

According to TMZ, "Multiple sources deeply connected to the births tell us Michael was not the sperm donor for any of his kids. Debbie's eggs were not used. She was merely the surrogate, and paid well for her services in the births of Michael Jr. and Paris."

"In the case of Prince Michael II (the youngest), we're told the surrogate was never told of the identity of the "receiving parent" -- Michael Jackson. Three days after Prince was born at Grossmont Hospital in San Diego County, Jackson's lawyer came to the hospital to pick the baby up and deliver him to Michael. We do not know if Jackson chose the sperm or egg donors or if he even knew who they were."

These kind of things really proves that Michael has a roller coaster lifestyle. These will be a big issue in custody battle.

Debbie Rowe can gain custody of the children but Jackson's family will not give it up

After Michael Jackson's untimely death due to heart attack, the custody of his three children Michael Joseph "Prince" Jackson, Jr.(12), Paris Michael Katherine Jackson (11) and Prince “Blanket” Michael Jackson II (7). will be a hot topic.

Dermatologist nurse Debbie Rowe, mother of Prince Michael and Paris can now gain custody if she chooses even though she gave up her custody rights to the father during the custody battle.

According to People, "During the custody fight between Rowe and Jackson in 2005, Rowe sought to give up her parental rights, and lauded Michael as a good father. Retired Judge Stephen Lachs, who presided over the hearing, at first agreed to terminate them, but then Lachs changed his mind and returned the rights to her."

"She lost them, and then she got them back," Finsilver says. Finsilver said she spoke to Rowe on Thursday but she cannot say what Rowe plans to do. "She was inconsolable."

But it seems Michael Jackson's family will not give up the custody of Prince Michael and Paris to Debbie Rowe.

According to TMZ, The family is currently gathered together and they are reacting to our story this morning that Rowe never legally gave up her custody rights. Under California law, Rowe is in a position to get custody of her biological kids if she wants them, provided it would not be detrimental to the children.

The family complained to us the kids don't even know Debbie Rowe -- she hasn't been a part of their lives. They say the kids must remain "within the family."

Jackson family attorney Brian Oxman says Jackson's mother would be a natural guardian for the kids but the decision still in hands of the court, "Katherine is the logical choice – she has all the grandkids and nieces around her but it will be up to the courts."