Britney Spears successfully ended her conservatorship, but her dad still wants access to her finances.
A Los Angeles Superior Court Judge ended the 13-year arrangement last month. Judge Brenda J. Penny ruled the pop star was fit to manage her own estate and life. According to a report from December 8, Britney Spears’ father, Jamie Spears, appeared remotely at a court hearing. His attorney asked the court for access to Britney’s estate plan – which was quickly objected.
“In a normal situation, a normal person would never have to show their estate plan,” said an attorney for John Zabel, a certified public accountant helping Britney manage her finances. Jamie Spears was removed from his conservator role in August 2021. The conservatorship was fully terminated three months later.
Britney Spears is estimated to be worth $60 million, according to Celebrity Net Worth. Digging into the accounting of public information that has been released so far reveals Jamie made at least $5 million since he took on the role of conservator of her estate. Britney paid her father $16,000 a month since February 2009 for his service. Her chosen lawyer, Mathew Rosengart, says “there has been an evident dissipation of assets of Ms. Spears Estate, and that dissipation is ongoing.”
Her father’s ability to make money off of her was one of the primary reasons she sought to end the conservatorship. In a hearing in 2021, Britney says the state of California allowed her to be taken advantage of, rather than protected.
“It makes no sense whatsoever for the state of California to sit back and literally watch me, with their own two eyes, making a living for so many people and pay so many people, trucks and buses on tour on the road with me, and be told I’m not good enough,” she testified.
“It’s been a long time since I’ve owned my money, and it’s my wish and my dream for all of this to end.”