Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, October 18, 2013

Jamie Spears Requests For More Money

Jamie_spears180For the last five years Jamie Spears, Britney Spears's father, was granted conservatorship over Britney's finances and career. Now, Jamie is asking the judge for more money. Court documents reveal that Jamie is currently being paid $16,000 monthly for services administering Britney's estate in her best interests. 

 On October 15, Jamie filed a petition that stated “I continue to perform services to protect and care for Britney’s person and to administer her estate in good faith and in her best interests,” and  “I continue to have significant oversight duties relating to her visitation with her children.” The request stems from the rent increase on his office dedicated to handling Britney's affairs. Jamie is asking to be retroactively reimbursed for the rent increase totaling $7,200 and authorization to spend $2000 on rent monthly. Britney's estate is valued at $220 million. Jamie receives $192,000 annually to look after her affairs so the judge will probably not find the request exploitive.

See Britney Spears' Father Asks Conservatorship Judge For More Money, Huffington Post,  Oct. 17, 2013.

Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing this article to my attention.


Current Affairs, Estate Administration, Music | Permalink

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