Jamie Lynn Spears, the 29-year-old sister of pop star Britney Spears, has been selected as the custodian of Britney's SJB Revocable Trust.
Britney originally filed the trust in 2004 to protect her multimillion-dollar assets for her children. Two years ago, Jamie was also selected as the trustee of her sister's estate, per the Los Angeles Times. Now, if approved, Britney's assets will be moved into one or more accounts with Fidelity Brokerage Services, which Jamie will oversee. In the event of Britney's death, Jamie will also be the one in charge of distributing her money to her children.
The move follows news of Britney's lawyer reportedly telling courts that she is "strongly opposed" to the return of her father, James "Jamie" Spears, as the head of her conservatorship, which has been extended to 2021. Instead, she "strongly prefers" that her current stand-in conservator, Jodi Montgomery, be made permanent. Before taking a leave for health reasons, James had headed his daughter's conservatorship since its beginning in 2008.
Taylor Hill//Getty ImagesJamie Lynn Spears attends the 50th annual CMA Awards.
Recently, Britney's conservatorship came under more scrutiny by fans, sparking the #FreeBritney movement to go viral again.
And her seemingly odd presence on social media further alarmed fans. In one instance back in April, Britney nonchalantly told her Instagram followers that she accidentally burned down her home gym. "Is that what actually happened? Are you okay Britney? Really worried about you," a user commented at the time.
Britney eventually responded to fans' worries, reassuring them that she was just being herself. "I get how some people might not like my posts or even understand them, but this is Me being happy," she wrote in an Instagram post in July. "This is Me being authentic and as real as it gets!"
As an associate editor at HarpersBAZAAR.com, Chelsey keeps a finger on the pulse on all things celeb news. She also writes on social movements, connecting with activists leading the fight on workers' rights, climate justice, and more. Offline, she’s probably spending too much time on TikTok, rewatching Emma (the 2020 version, of course), or buying yet another corset.
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