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Britney's father retains control of singer's fortune

Posted in : Interviews, Scandals, Gossips

(added few years ago!)

Britney Spears' father will remain in charge of the singer's financial and personal affairs for the next four months, a judge has ruled.

Jamie Spears will continue to have legal control of the singer's estimated $100 million fortune, as well as oversee the singer's well-being, until the end of July.


"I can confirm that the order was issued", said LA Superior Court spokesman Allan Parachini.


LA Superior Court Commissioner Reva Goetz yesterday named Britney's father and Andrew Wallet temporary co-conservators, giving them the right to employ bodyguards, restrict Britney's visitors and approve her contracts.


The temporary conservatorship order - a order established by the court that property or a person be subject to the legal control of another person - had been scheduled to expire on March 10, but a surprise hearing was called to extend it before that date.

Meanwhile Britney was seen out shopping with a new bodyguard, and as usual, was followed by a pack of paparazzi as she went about her daily trawl around the shops.

Earlier this week the singer continued her rehabilitation at the Millennium Dance Studios in Hollywood where she has also been teaching children's dance classes, as well as practicing her own routines.

A source close to Britney says she's okay with her dad being in control.

"She is getting along well with her father and enjoying the closeness and support of her family," says a source.


On February 23, she was allowed to spend time with her sons Preston, 2, and Jayden, 17 months, for the first time since her January standoff with the police, and she has had regular visits since.  

Holey Britney: The singer wore her ripped tights look to her dance class earlier this week

And since Britney's father took over her affairs, the troubled pop princess has been keeping a slightly lower profile and toning down her nights out.

Jamie Spears has been looking after his daughter's assets since February 4 this year, when she was admitted to a psychiatric hospital for the second time.

Britney, 26, discharged herself from the UCLA Medical Centre in Los Angeles on February 6 after doctors ruled she did not pose a danger to herself or to others.

The decision by doctors to let Britney leave the mental health facility infuriated the star's parents.

At the time they said: "As parents of an adult child in the throws of a mental health crisis, we were extremely disappointed this morning to learn that over the recommendation of her treating psychiatrist, our daughter Britney was released from the hospital that could best care for her and keep her safe.

"We are deeply concerned about our daughter's safety and vulnerability and we believe her life is presently at risk."

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(added few years ago!) / 273 views