It seems like every week we get new bombshells about Britney Spears’ conservatorship case dropped.
This one’s is a doozy: it turns out that her sister Jamie Lynn was reportedly secretly named a trustee of her fortune. Wow!
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Vanity Fair reports via The Blast that Jamie Lynn has asked the court to create “blocked accounts” for the “Toxic” singer’s assets. Hmm…
Yep, that’s right–Britney’s estate is a family affair. It turns out that it’s not just her father and mother who have a stake in the mom of two’s conservatorship and finances. Her baby sister Jamie Lynn Spears is also involved!
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Here’s everything we know: The Blast obtained legal docs that state Jamie Lynn was added as a trustee in 2018.
Britney “established the SJB Revocable Trust in 2004 as a way to hold and manage her multimillion-dollar assets and protect her wealth for the use of her two children in the future,” VF reports.
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We already know that last month her mother Lynne filed a request with the LA Superior Court to be included in any “special notice” of “all matters” regarding the trust. It was unclear at the time of the filing what Lynne's intentions were in requesting for this notifications.
The docs reveal Jamie Lynn joins Britney's dad Jamie Spears and attorney Andrew Wallet as trustees for her fortune.
Britney stated in court that she is “strongly opposed” to her father’s return as a trustee. Yikes! The court will hear the request on September 16.
Jamie Lynn requested that her father be reinstated (uh-oh) which is in disagreement with her sisters wishes at the time of filing. Additionally, Jamie Lynn requested that the court approve the creation of “blocked accounts” to hold all of her sister’s assets.
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So, what's the purpose of Jamie Lynn’s role? VF reports that they're meant to guarantee that upon Britney’s death, her assets will be used to care for her children.
The outlet said this is the first time Jamie Lynn’s name has ever been publicly connected to Britney’s conservatorship. Twist!
