(WTVO) — Britney Spears’ father, Jamie Spears, has agreed to step down as conservator of her estate, TMZ reported Thursday.
Jamie Spears lawyer filed documents in court, which read, “There are, in fact, no actual grounds for suspending or removing Mr. Spears as the Conservator of the Estate … and it is highly debatable whether a change in conservator at this time would be in Ms. Spears’ best interests.
“Nevertheless, even as Mr. Spears is the unremitting target of unjustified attacks, he does not believe that a public battle with his daughter over his continuing service as her conservator would be in her best interests. So, even though he must contest this unjustified Petition for his removal, Mr. Spears intends to work with the Court and his daughter’s new attorney to prepare for an orderly transition to a new conservator.”
The filing went on to say, “Regardless of his formal title, Mr. Spears will always be Ms. Spears’ father, he will always love her unconditionally, and he will always look out for her best interests.”
Britney Spears’ new attorney petitioned to oust her father from the conservatorship that has controlled her life and money for 13 years and replace him with a professional accountant.
Matthew Rosengart said in documents filed in Los Angeles Superior court that the current legal arrangement “has grown increasingly toxic and is simply no longer tenable.”
He proposed that James Spears be replaced with CPA Jason Rubin as conservator of the pop star’s estate, which documents say equates to $2.7 million in cash and more than $57 million in assets.
Rosengart said in the filing that before he sought to end the conservatorship, he was first addressing “the most pressing issue facing Ms. Spears: removing Mr. Spears as conservator of the estate.”
“Any father who genuinely loves his daughter and has her best interests at heart should willingly step aside in favor of the highly respected professional fiduciary nominated here,” Rosengart said in the documents.
Lynne Spears, Britney’s mother and James’ ex-wife, said in a declaration supporting Rosengart’s filing that his “microscopic control” over her health care and business decisions in a key period in 2018 and 2019 was especially damaging.
“Such scrutiny is exhausting and terrifying, like living in custody,” Lynne Spears said.
Judge Brenda Penny gave Britney Spears permission to hire an attorney of her choice at that hearing, when for the second straight time the singer publicly assailed the conservatorship that has been in place since 2008, breaking into tears as she described the “cruelty” it subjected her to.
“My dad needs to be removed today,” she said, adding that she would like to see him charged with abusing his position.
Last year, Rosengart’s court-appointed predecessor, Samuel Ingham III, proposed that James Spears be replaced with estate-management firm The Bessemer Trust. Penny instead ruled that Jamie Spears and the firm should work in tandem, but Bessemer bowed out of the arrangement before it formally began.
Ingham resigned after the dramatic June hearing when the pop star publicly decried the conservatorship for the first time, telling Penny: “I just want my life back.”
The Associated Press contributed to this report.