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Britney Spears’ father was denied greater control over her finances by a court. Jamie Spears has controlled daughter Britney Spears’ financial affairs since 2008. But the singer recently indicated she wants him removed.
The judge upheld a previous ruling that made a financial company a co-conservator for the singer. The judge rejected her father’s request to keep his previous level of power over his daughter’s investments. Another hearing is scheduled for 17 March.
The ruling means the father and the private trust company, Bessemer Trust, will now have equal power to manage her finances. As a result, he is now expected to work with the company to create a budget and investment proposal for the singer’s estate.
The conservatorship is a legal arrangement that was put in place because of concerns about her mental health. Los Angeles Judge Brenda Penny appointed Bessemer Trust as co-conservators in November, but rejected the star’s effort to remove her father entirely.
Jamie Spears had objected to Bessemer’s involvement, arguing that it reduced the power he has held for years. Judge Perry threw out his objection. Britney Spears’ lawyer Samuel D Ingham III has previously said the singer is “afraid” of her father and does not want him to control her finances and career.
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On Thursday, Ingham reiterated the pop star’s wish, adding that it was “no secret” she didn’t want her father to be a co-conservator. Interest in the case has been renewed after the recent release of a documentary that focuses on the conflict over the singer’s guardianship.
