Britney Spears officially loses Bessemer Trust as co-conservator

Britney Spears

Britney Spears scored another win in her conservatorship battle.

This week, Britney Spears officially moved forward in her legal battle after the Bessemer Trust resigned.

In her latest hearing, a judge gave the co-conservator a chance to resign from its position in the conservatorship. This made Jamie Spears the sole conservator that oversees the singer’s financial estate.

Britney’s conservatorship, which began in 2008, contains two branches. One is reserved to manage her estate, including her businesses and financial affairs.

Meanwhile, the other oversees her matters.

Before Bessemer Trust asked to resign, the company worked with Jamie as the financial estate’s co-conservator. On July 1, it officially requested the court to allow it to resign from the program.

Initially, the court-appointed the company as Britney’s co-conservator in November. However, the New York Times claimed that it has not performed any duties nor received payment.

With that said, the singer’s father will continue to work solo on the estate. Meanwhile, Jodi Montgomery will manage Britney’s legal guardianship.

Why Montgomery is still part of the program

Following the news, Montgomery’s representative exclusively told Insider that Spears wanted her to remain as her conservator.

“Ms. Montgomery will continue to serve as a conservator for as long as Ms. Spears and the Court desire her to do so,” the statement said.

The claim resonated with what Britney said during Wednesday’s hearing. At that time, she requested Montgomery to be the co-conservator.

This only proves that Jamie may lose his power over the conservatorship soon.

The events also became more controversial following Spears’ first appearance before the court. In her testimony last June 23, she requested the court to end her conservatorship.

She also revealed some of the “abuses” she faced throughout the program.

According to Britney, the conservatorship stopped her from marrying Sam Asghari, who she has been dating since 2016.

“I would like to progressively move forward and I want to have the real deal, I want to be able to get married and have a baby,” she said. “I was told right now in the conservatorship, I’m not able to get married or have a baby.”

Doctors, reportedly, planted IUD inside her body to prevent her from getting pregnant. Until now, the conservatorship, reportedly, prevents her from doing these things.

Meanwhile, her mother Lynn filed court papers to ask the court to allow her daughter to pick her own lawyer.

Featured image courtesy of Drew de F Fawkes, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons

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