Britney Spears has won the right to sign financial paperwork and manage her $60 million estate, amid ongoing legal proceedings in the conservatorship case.
Per The Independent, Judge Brenda Penny ruled yesterday (December 8), that Spears, 40, can now execute her own estate documents, giving the pop star the freedom to manage her finances for the first time since she was placed under a conservatorship in 2008 by her father Jamie Spears.
Despite being freed from the conservatorship, Spears’ legal team, led by attorney Matthew Rosengart, allege that her father “planted a term” in her estate-planning documents that meant the singer had to seek a judge’s approval for any changes, keeping her “tethered to the court.”
During the Wednesday hearing, Rosengart argued, “Ms. Spears, as an independent woman, not under conservatorship, should be able to execute documents herself.”
Spears’ conservatorship was terminated once and for all last month, after a 13-year long battle over whether the singer was mentally sound enough to control her estate. Jamie Spears was suspended from his role as conservator in late September.
Now, lawyers for Spears and her father, her accountant John Zable and former management company Tri Star are appearing in hearings to work out a mutually agreed-upon way forward for all those involved in the bitter conservatorship battle.
After Wednesday’s brief hearing, Rosengart addressed reporters outside the courthouse, saying the ruling meant his client now “has the capacity to do whatever she wants” with respect to planning her estate as a “free, independent woman”.