The "Stronger" singer filed the SJB Revocable Trust in 2004 to
protect her multimillion-dollar assets and set up her two sons for their
future. It was also established to "hold and manage her material
financial assets during her lifetime, and provide distribution of those
assets upon her death," according to The Blast, which was first to report the news.
In May 2019, Lynne also requested special notice of all matters relating to Britney's conservatorship, in which she hasn't had any role previously.
"Britney's mother has always wanted to have a position in Britney's conservatorship," a source told ET at the time. "Her mom has tried at different points over the years to have some sort of say," the source said.
In May of this year, Britney's conservatorship was extended until at least the end of the summer.
According to court documents obtained by ET at the time, Judge Brenda
Penny issued an order authorizing the temporary conservator, Jodi
Montgomery, to stay on Spears' conservatorship until at least Aug. 22,
2020.
Per the docs, the extension comes after the judge decided a hearing on the matter could not take place due to the COVID-19 pandemic. Spears' father, Jamie, stepped down as her conservator
in September 2019. Jamie had previously petitioned the court to hand
over the reins of the singer's conservatorship, citing ongoing health
issues. A judge approved the request and appointed Montgomery, Spear's
longtime care manager, as her new conservator.
Lynne was by Britney's side in 2008 when she was placed on an
involuntary psychiatric hold. In 2010, Lynne opened up to ET about the
harrowing night.
"With the hospital, that was the most horrible time, because I felt
so helpless... I'm her mom," she said. "It's a long journey and we still
have many bumps to go, you know, but we are resilient."
Full Article & Source:
Britney Spears' Mom Lynne Files Legal Docs to Be Included in Daughter's Finances
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