Diana Ross to get shared custody of Michael Jackson's kids

Amid the Jackson family storm, a new custody agreement has been announced for the care of Michael Jackson's children involving motown soul singer Diana Ross.

Katherine Jackson – grandmother of Prince Michael, 15, Paris, 14 and Blanket, 10 – will share custody of the children with Tito Joe 'TJ' Jackson and Michael Jackson's longtime friend Diana Ross.

A source told RadarOnline:

"Diana has no qualms whatsoever about the new custody agreement, she only wants what is best for the children. Diana knows that the children are old enough to decide who they want to live with and she defers to what they want.

Katherine Jackson with her grandchildren Blanket Jackson and Paris Jackson, and Justin Bieber. Source: Getty

"While Diana hasn't been a big part of their lives because she lives on the East Coast, she is very fond of them.”

Katherine was stripped of her guardianship last week with temporary custody going to TJ before they worked out a new arrangement, and the judge ordered both Diana and Prince Michael and Paris’ mother Debbie Rowe be informed.

The paperwork is expected to be submitted this week for shared custody and the judge will have to sign off the proposed agreement before it becomes official.

Meanwhile, Katherine’s attorney Perry Sanders says Prince Michael is happy with the new arrangement after discussing it with TJ.

He told X17online: "There's a close bond there and a definite sense of unity. Contrary to what people think, there was absolutely zero animosity between those two. I felt nothing but love in the room."