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Britney Spears' father must share financial power

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A judge has denied a request by Britney Spears' father to exert greater control over her finances.

Axar.az reports that Jamie Spears has controlled his daughter's financial affairs since 2008, but the singer has recently indicated she wants him removed.

On Thursday, a judge upheld a previous ruling that made a financial company a co-conservator for the singer.

The judge rejected Mr. Spears' request to keep his previous level of power over his daughter's investments.

The ruling means Mr. Spears 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.

Date
2021.02.12 / 20:34
Author
Axar.az
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