Britney Spears’ co-conservator of estate Bessemer exits over Jamie issues

Bessemer Trust, the firm hired to oversee Britney Spears’ financial affairs, has decided to step away from her conservatorship and will no longer serve alongside her father, Jamie Spears. 

The private company filed a court document on Thursday, just a day after a Judge’s ruling denying Britney Spears’ petition to remove her father as a conservator. The document states that it wanted to resign as a “result of the information its team learned from Britney’s 24-minute testimony on June 23. 

The firm also stated that it was under the impression that the conservatorship was voluntary. However, Britney Spears “made it clear in court that she wanted it terminated following serious allegations of ‘abuse’ by her conservators.” 

In court documents Bessemer Trust further stated, “As a result of the conservatee’s testimony at the June 23 hearing, however, Petitioner has become aware that the Conservatee objects to the continuance of her Conservatorship and desires to terminate the conservatorship. . .Petitioner has heard the Conservatee and respects her wishes.”

Sources have also alleged that the firm has had issue with Jamie Spears and Britney’s court appointed attorney, Samuel D. Ingham III. 

See Eileen Reslen, Britney Spears’ co-conservator of estate Bessemer exits over Jamie issues, Page Six, July 1, 2021. 

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.