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Britney Spears’s Family Oversees Her Well-Being and Takes Charge of Her Estate

SpearsThe following is from Howard Breuer, Britney’s Family Gets More Power Over Her Estate, people.com, Feb. 14, 2008:

Britney Spears’s family members tightened their grip on her finances Thursday as the court extended her father’s co-conservator role and granted her brother influence over her day-to-day expenses.***

Her father Jamie Spears has been overseeing his 26-year-old daughter’s well-being and her estimated $100-million fortune since Feb. 1, when Goetz named him and Andrew Wallet temporary co-conservators – giving them the right to employ bodyguards who control Britney’s actions and restrict her visitors.***

Britney’s father and Wallet were also granted the power to handle the singer’s taxes, and Britney’s brother Bryan, 30, was named as a trustee of her trust. According to court papers, trust funds are used “to pay for Britney’s continued security, and to pay for her medicine, food, other day-to-day expenses and for psychiatric and other medical services.”***

Special thanks to Alfred L. Brophy (Professor of Law, University of Alabama School of Law) for bringing this article to my attention.

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