Britney Spears’ sister files court order to gain control of star’s fortune

Entertainment

Britney Spears’ sister has filed a court order seeking more control over the 38-year-old singer’s fortune.

Former Nickelodeon star Jamie Lynn Spears has been a trustee of the pop superstar‘s multimillion-dollar estate for the last two years.

But the 29-year-old is requesting that assets currently stored in a trust fund set up for Britney’s children are moved into accounts with Fidelity Brokerage Services – with her as the custodian – according to court documents seen by the Los Angeles Times.

Britney Spears with her sons Sean (L) and Jayden (R) in 2017
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Britney Spears with her sons Sean (L) and Jayden (R) in 2017

Britney established the SJB Revocable Trust in 2004 to protect the future of her sons, Sean, 14, and Jayden, 13.

They have lived with her ex-husband, Kevin Federline, since he was granted sole custody of them in 2008, when Britney was granted frequent visits.

If the court request is granted, it will mean a judge would have to approve any removal from the funds.

In the event of Britney’s death, Jamie Lynn would administer the family’s assets for her children, according to a 2018 amendment, which has now been signed by Jamie Lynn.

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The news comes amid an increasingly contentious battle over her father’s strict control over the singer’s life.

Documents filed by the star’s court-appointed lawyer earlier this month show she has asked that her father is not reappointed as her conservator, which handed him the power to control almost every aspect of Britney’s life and career.

Jamie Spears has had control over his daughter's personal life since 2008
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Jamie Spears has had control over his daughter’s personal life since 2008

Despite Britney being “strongly opposed” to her father being the sole conservator of her personal and financial decisions, the conservatorship was extended until February 2021.

Fans staged a protest outside a court in Los Angeles last week – as supporters used the #FreeBritney hashtag on social media – with many believing the singer has been coerced into giving away financial control.

Jamie Spears temporarily stepped down as his daughter’s conservator last year due to health problems.

Britney was put under her father’s care in 2008 amid struggles with her mental health, but has consistently fought against the order.

LOS ANGELES, CALIFORNIA - JULY 22: A supporter of Britney Spears gathers with others outside a courthouse in downtown for a #FreeBritney protest as a hearing regarding Spears' conservatorship is in session on July 22, 2020 in Los Angeles, California. Spears was placed in a conservatorship managed by her father, James Spears, and an attorney following her involuntary hospitalization for mental care in 2008. (Photo by Frazer Harrison/Getty Images)
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Fans stage a #FreeBritney campaign outside a court in Los Angeles

For the first 11 years of the conservatorship, her father was co-conservator with lawyer Andrew M Wallet, who resigned in 2019 – automatically giving Jamie Spears sole control over her life.

Mr Spears is understood to have told the court that Britney is “substantially unable to manage his or her financial resources or to resist fraud or undue influence”.

Britney has requested that a licensed professional be named permanent conservator of her affairs.

She says this does not mean she would be waiving her right to seek an end to the entire arrangement.

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The court documents also said Britney would not be performing again any time soon.

She has not performed live since 2018, when she abruptly cancelled her Britney: Domination Las Vegas residency and checked into a mental health facility.

Sky News has contacted Jamie Lynn Spears for comment.

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