What’s up?
It’s Sussan Mourad here with Clevver News and as the Free Britney movement continues
to unfold, Brit’s younger sister, Jamie Lynn Spears, has taken steps to become more
involved in her sister’s finances.
In case you aren’t familiar with the Free Britney movement, it’s been going on for
years now and it’s a movement to free Britney from her conservatorship!
In short, here’s what’s been going down.
Over the past few months, fans have become increasingly concerned about Britney Spears’
social media posts.
These fans believe she is subtly asking for help and revealing that she is in a bad mental
state through her cryptic posts.
The Free Britney fans also believe that Britney is dropping these clues about her conservatorship,
which is run by her father, Jamie Spears, for over a decade.
In case you aren’t familiar with a conservatorship, it’s a legal guardianship where representatives
are appointed when a court agrees that an individual can't make their own decisions.
Under the conservatorship Britney supposedly has zero control over any of her assets, money,
decisions, and even visitors can be restricted.
For Britney, this conservatorship was put in place following a series of very public
meltdowns back in the early 2000s.
But fans have thought it was a bit suspicious for a while since Britney has continued to
work but has no control over her life, finances or really anything!
Hence the Free Britney movement was formed to question whether Britney was being unjustly
controlled by her father.
And while fans have been very outspoken about their concern for Britney, her father recently
spoke to Page Six about how he is sick and tired of how #FreeBritney fans are painting
him as a villain and referred to the movement as quote “a joke.”
Jamie Spears also referred to these fans as conspiracy theorists saying quote, “All
these conspiracy theorists don’t know anything.
The world don’t have a clue.
It’s up to the court of California to decide what’s best for my daughter.
It’s no one else’s business.”
And Britney’s siblings including her younger sister Jamie Lynn have also spoken out about
the Free Britney movement.
Jamie Lynn shared a now-deleted post to Instagram of screenshots from other celebrities, like
Halsey, who have spoken out on mental health.
In her caption Jamie Lynn wrote quote, “If you deal with mental illness or care for someone
dealing with mental illness, then you know how important it is to respect the situation
with privacy for the person and the family trying to protect their loved ones, no matter
how it may appear to the public.”
Jamie Lynn also defended Britney in a comment captured by Comments by Celebs saying quote,
“You have no right to assume anything about my sister.
And I have no right to speak about HER health and personal matters.
She is a strong, bada**, unstoppable woman, and that’s the only thing that is OBVIOUS.”
And now, court documents have been obtained by multiple outlets including The Blast and
Us Weekly revealing that Jamie Lynn actually has a bigger role in Britney’s finances
than fans originally thought.
According to these legal documents, Jamie Lynn Spears was named trustee of the 'SJB
Revocable Trust' which was set up by Britney in 2004 to protect her vast fortune and provide
for her children's financial future.
The documents claim the trust was amended in 2018, naming Jamie Lynn as the 'trustee'
and the move was signed off on by her co-conservators Andrew Wallet and their father Jamie Spears.
According to the court docs, while Britney is alive, she is the "sole beneficiary" of
the SJB Trust, but it outlines what steps are to be taken if she were to pass away.
I know that sounds morbid, but I guess they felt like they have to have plans in place
for the worst case scenario given Britney is reportedly worth around $215 million.
And in the new filing, Jamie Lynn is asking the court to approve the appointment of Fidelity
Financial Management to create "blocked accounts" that will hold all of Britney's assets and
serve as advisors with her investments.
It's unclear at the moment if Jamie is asking to move the assets to these accounts now,
or only if Britney has passed.
But, the trust does outline exactly what should happen to her fortune in the case of her death.
It says quote, “Upon the settlor's death, the entire principal of the Trust, including
all accused and undistributed and unrealized income, together with any insurance on the
settlor's life or other assets payable to the Trust as a result of settlor's death,
shall be promptly distributed by the Trustee to the trustee or co-trustee of the BJS Kids
& Family Trust, to be held, administered and distributed in accordance with its terms.”
Basically, in other words, if Britney were to pass away, Jamie Lynn will ensure that
the assets are transferred to the trust set up to take care of her children.
And this is a big deal because fans know that Britney has a strained relationship with her
father and this is the first time her sister has been named in connection to her conservatorship.
As we previously reported, Britney's lawyer recently filed documents saying that she no
longer wants to have her father as her sole conservator and is asking that a financial
advisor like, Jodi Montgomery, be put in charge of her finances.
Jodi has been temporarily filling in as the conservator as her father Jamie supposedly
stepped down late last year after over 10 years in charge of Britney’s conservatorship.
And with Jamie Lynn’s filing and the potential involvement of Fidelity Financial Management,
this may be the beginning of other family members being more involved in Britney's conservatorship.
It’s also important to note that Britney has not filed a request to be completely released
from the conservatorship, but she was specific about not having her father be involved.
So it’s possible that just her sister and their mom may just be getting more intimately
involved instead.
A source recently told Us Weekly that quote, “Britney does want the conservatorship of
her as a person to end, but she was concerned that [her father] Jamie could attempt to have
the temporary conservator [Jodi] removed.
There has been significant improvement in Britney’s overall medical treatment plan,
which has been attributed to no longer having her father in charge of her personal life.”
So maybe Jamie Lynn’s involvement, instead of their father’s, could be a positive change
for Britney going forward?
Many fans don’t think so and have taken to Twitter to share their disappointment in
this news.
They don’t want ANYONE other than Britney to be in charge of her finances and they worry
that Jamie Lynn doesn’t have her sister’s best interest at heart.
One person wrote quote, “Britney should control her money, it belongs to her and her
children.
Nobody else!
Free Britney !”
Another fan said “#Freebritney from this family, come onn give the woman her money”
And this person questioned Jamie Lynn’s qualifications to be in charge of Britney’s
trust saying “Does Jamie Lynn Spears have any professional certifications or qualifications
to manage her sister’s multi-million dollar trust?
Does she even have a degree?
#FREEBRITNEY” Others were concerned about the wording and
mention of Britney’s death like this person who wrote “It is very concerning that Britney’s
family is making changes to her trust in the event of her death.
#FreeBritney” And this fan said “Not good.
I'm not a conspiracy theorist but there could be something sinister going on.
If something did happen to her they could claim 'she had an accident', 'she had the
coronavirus', she took an overdose'...”
There were many more concerned fans tweeting things like this.
No one in Britney’s family has spoken out directly about these newly obtained court
documents, but we will keep you guys posted as this story continues to unfold.
If you want more on what Britney’s family members have said about the Free Britney movement,
click right over here for another Clevver News video.
And let us know down in the comments below what you think of Jamie Lynn’s involvement
in the conservatorship.
I’m your host Sussan Mourad, bye guys!