It's part of the promotion for Cirque du Soleil's "Michael Jackson The Immortal World Tour," which makes its Los Angeles debut Friday night.
Katherine Jackson, the matriarch of the famed musical family, will also be joined by sons Tito, Marlon and Jackie Jackson. The celebrity guest list includes Smokey Robinson, Chris Tucker, members of the cast of "Glee," and Quincy Jones, according to organizers.
Teen boy band Mindless Behavior, known to be a favorite of 13-year-old Paris Jackson, also is expected to be on hand.
Prince, Paris and Blanket Jackson have been more public in recent months in contrast to their lives before their father's 2009 death when they were shielded from public view.
The children attended the Canadian premiere of the traveling Cirque du Soleil show with their grandmother in October.
The "Immortal" show is touring the United States and Canada through this year before taking up residency in Las Vegas.
Show biz legends who left their handprints and footprints in Grauman's concrete courtyard on Hollywood Boulevard include Fred Astaire, Elizabeth Taylor, Judy Garland, Marilyn Monroe, Sidney Poitier, Clark Gable and Mary Pickford. The tradition started in 1928, a year after the historic theater opened.
Michael Jackson's Hollywood Walk of Fame star is on the sidewalk in front of the theater.
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