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VIA EUR:

Michael Jackson’s 79-year-old mother Katherine will receive full custody of his three children per a deal that was reached on Thursday, her lawyer announced.

Debbie Rowe, Michael Jackson’s ex-wife, has agreed not to challenge Katherine for custody of her children with Michael, Prince Michael I, 12, and Paris, 11. Also, no money will be exchanged between the parties, a statement read.

This is not a money deal,” Jackson family lawyer L. Londell McMillan told CBS’s The Early Show. “This is not about money.”

A child psychologist, paid for jointly by Jackson and Rowe, will oversee the process, attorneys for Katherine Jackson and Rowe said in a statement. The timing and frequency of the visits will be determined by both parties in consultation with the psychologist, the statement said.

The agreement is likely to be discussed during a hearing Monday in Los Angeles Superior Court. That hearing will now focus more on lingering issues with Jackson’s multimillion dollar estate, which Mrs. Jackson has vied for control of.

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