Britney Spears’ dad, Jamie Spears agrees to step down as conservator of her $60m estate

Source: Pinkvilla.com

 

Jamie Spears has decided to resign as conservator of his daughter Britney’s estate after 13 years, in what the pop star’s lawyer described a “major victory” and “a new step toward justice” on Thursday.

“We are pleased that Mr Spears and his lawyer have today conceded in a filing that he must be removed,” the singer’s lawyer Mathew Rosengart stated in a press release.

Britney has been under conservatorship since 2008, when she was in a poor mental state and had nervous breakdowns. Jamie now has full control over Britney’s life and assets, which are estimated to be worth $60 million ($81.37 million). Since then, there have been theories that Britney is stuck and wants to be free of her father, which has sparked the “free Britney” campaign.

After the documentary Framing Britney Spears was aired at the beginning of the year, and Britney took to social media to discuss what happened between her and her father, the movement garnered worldwide attention. Mr Spears’ conservatorship of his daughter has been the subject of a long-running court dispute between the father and daughter.

In late September, a court hearing was scheduled in Los Angeles to address this matter. Pop singer has been trying to exclude her father from any public statements for months.

Britney Spears hasn’t been battling in court to have her conservatorship lifted all together, but rather to have her father replaced with an independent accountant.

“Even as Mr Spears is the unremitting target of unjustified attacks, he does not believe that a public battle with his daughter over his continuing service as her conservator would be in her best interests,” the court filing read.

“Mr Spears intends to work with the court and his daughter’s new attorney to prepare for an orderly transition to a new conservator.”

Her legal team submitted a petition on July 26 to suspend and remove the 69-year-old, which was “unequivocally backed by the law and all parties concerned,” according to her legal team, which included her medical team.