Can you believe it’s been a whole week since Britney Spears finally spoke publicly in front of the courts about her ongoing conservatorship? Neither can I. A hell of a lot has happened in the last seven days since she made those damning allegations about abuse and mistreatment she’s faced over the last 13 years, so here’s an update on where her conservatorship is at.
Britney made her big statement to a Los Angeles Court Judge on June 23, claiming that she’s being exploited in the conservatorship she’s been under since 2008.
In her speech, she alleged that she’s been made to keep an IUD contraceptive in despite wanting to have more children, made to take lithium against her will, forced to do her four-year residency in Las Vegas and has people watching her at all times – even when she’s getting changed.
In the days since then, it’s been nothing short of chaos in the world of Britney, with so many cogs turning at once it’d make anyone dizzy.
She’s had yet another request to have her father, James ‘Jamie’ Spears, removed from her conservatorship denied, the third time the courts have knocked back her request to have him blocked from controlling her finances and estate. He was formally her sole conservator until 2019, when he stopped being the conservator for her personal affairs, and entered a co-conservatorship of her estate with financial firm Bessemer Trust.
Jamie Spears has also formally asked the courts to investigate the claims of abuse and mistreatment that Britney made in her speech last week, with court documents filed by his lawyers stating that he is “greatly saddened to hear of his daughter’s difficulties and suffering.”
Now the shit has seemingly hit the fan with the controversial conservatorship, Bessemer Trust has reportedly requested to be removed from Britney’s case.
As per the ABC, the wealth management firm has asked to be withdrawn from the co-conservatorship role it is in with Jamie Spears over her finances and estate, citing “changed circumstances” following Britney’s statement.
TMZ reported that Bessemer Trust had never fully signed on as full co-conservator because the correct paperwork was yet to be filed. The report also claimed that the firm had issues with Jamie and Britney’s lawyer, Sam Ingham, viewed the whole conservatorship as a “hornet’s nest”.
If the trust is granted its request by the courts, it means that Jamie Spears will be the sole conservator of her estate – something that he had been arguing for since the co-conservatorship decision was made back in November 2020.
This means that Jamie will likely regain full control of Britney’s budget and investments, unless another third party co-conservator is brought on to manage her finances with him.
It’s all a mess, but one thing remains: #FREEBRITNEY