Conservatorship: Britney Spears' Father Jamie Remains In Control Of Her Finances

Britney Spears' father, Jamie Spears, and Bessemer Trust and will share equal powers over the 39-year-old pop singer's finances.

The decision was announced Thursday following a proposed order submitted by the dad, which argues that his powers over Britney's estate have been partially taken from him when he and Bessemer Trust became co-conservators, ET Online reported.

The judge, however, denied the objections and didn’t name Jamie as sole conservator.

Penny appointed Bessemer Trust and the father as Britney's co-conservators on Nov. 10. The judge denied the "Baby One More Time" singer's request to remove Jamie completely from the conservatorship, The New York Times reported.

"An equal division of responsibility, in the hopes that they would sit down and figure out together the best way to handle this complex estate for the benefit of my client," Britney's attorney, Samuel Ingham, said during the hearing.

Ingham noted that it's no secret that the singer doesn't want her father to remain as co-conservator, but he acknowledged that it is a separate issue. That being said, Ingham hinted at revisiting the request of removing Jamie from being a co-conservator but he didn't officially make the request Thursday.

Jamie’s attorney, Vivian Thoreen, said that back in 2019, the singer allegedly agreed to make Jamie a sole conservator of her estate following Andrew Wallet's exit. The judge overruled the objections and set the next hearing for March 17 and April 27 this year.

Bessemer Trust and Jamie are supposed to work together to make a budget proposal and investment plan for the future. The hearing took place weeks after the “Framing Britney Spears” documentary was presented by The New York Times was released on FX and Hulu.

#FreeBritney activists featured in the documentary stated that the probate court has kept the star under legal restraints against her wishes. The activists also hosted a Zoom rally to discuss the case in December, the Los Angeles Times reported.