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Artist News Legal
Britney Spears’ father remains co-conservator, but trust granted equal power over her affairs
By Andy Malt | Published on Friday 12 February 2021
In a week when yet more scrutiny has been placed on the conservatorship of Britney Spears, thanks to a new documentary that aired last week, her father Jamie Spears has lost his latest effort to regain sole management of her financial affairs.
However, he does remain her co-conservator, after a judge ruled that he and the Bessemer Trust company should have equal decision-making power.
Jamie Spears objected to his daughter’s request that the Bessemer Trust – which was appointed as co-conservator last year – should be placed in a position of equal power with him.
Meanwhile Britney’s lawyer told the court that she would still rather her father wasn’t part of the situation at all. “It’s no secret that my client does not want her father as co-conservator”, said attorney Sam Ingham, “but we recognise that removal is a separate issue”.
Ingham argued against Jamie Spears request to regain sole control of his daughter’s finances, saying that: “Mr Spears should not retain authority to pull the plug and hand investments to someone else”.
Britney Spears has been unable to manage her own personal and financial affairs since being placed under conservatorship in 2008, following a very public breakdown. Increasingly, fans have been banding under the name #FreeBritney, arguing that she should no longer be in conservatorship at all.
The movement received a boost last week, with a new documentary ‘Framing Britney Spears’, made by the New York Times and aired on FX and Hulu. The film looks at Britney’s treatment in and by the media, and also examines the controversial conservatorship system.
An accounting hearing in Spears’ case is set for 17 Mar.
