jackson092711_06_X17crop230.jpgKatherine Jackson's legal team is hard at work on a strategy to reinstate the 82-year-old Jackson matriarch as guardian of Paris, Prince and Blanket.

Mrs. Jackson's attorney, Perry Sanders Jr., tells X17online exclusively, "I am preparing paperwork as we speak."

The Jackson family tells us they don't expect the papers to be filed today, but Sanders adds that the paperwork will be ready "asap."

Just yesterday, Tito Jackson's 34-year-old son TJ was granted temporary guardianship of the three children. However, Katherine's attorney told the press following the hearing, that once Katherine gets settled back in LA, he'll be back in court.

Following Monday night's altercation at the Jackson compound in Calabasas, estate executors John Branca and John McClain, released the following statement:

    "We are concerned that we do what we can to protect them from undue influences, bullying, greed, and other unfortunate circumstances. While we do not have standing to directly intervene, we have monitored the situation and will continue to do so. We believe measures are being put in place that will help protect them from what they are having to deal with."

A Jackson family source, who says Branca "has been coaching TJ" ... tells us the guardianship transfer was all a "smokescreen" to divert attention from the "fraudulent will."

Our source adds:

    "This was all in an effort to take the focus off the will situation. A felony has been committed. The people responsible know they're in trouble. We're not letting up."