Bessemer Trust Asks to Withdraw from Managing Britney Spears' Estate


#1

The wealth management firm that was set to take over as the co-conservator of Britney Spears’s estate, alongside her father, has requested to resign from the arrangement, according to a document filed in court on Thursday, throwing her conservatorship into greater turmoil.

Bessemer Trust, a professional wealth management firm that manages more than $100 billion in assets, said in a court filing that it wanted to resign “due to changed circumstances,” citing Ms. Spears’s recent public criticisms of the conservatorship.

The firm said in its filing that it had been told that Ms. Spears’s conservatorship was voluntary and that she had consented to the company acting as co-conservator. But in a court hearing on June 23, Ms. Spears excoriated the conservatorship and demanded that it end.

“As a result of the conservatee’s testimony at the June 23 hearing, however, Petitioner has become aware that the Conservatee objects to the continuance of her Conservatorship and desires to terminate the conservatorship,” the firm said in the court filing. “Petitioner has heard the Conservatee and respects her wishes.”

x

#2

Wow, this plus her attorney dropping out… This is getting serious finally! We really need some one to step up or actually begin to help now!


#3

Jody Montgomery is actually petitioning for Britney to get her own legal team ad-litem, so this could be a positive move. Ingham hasn’t done shit for Britney in 13+ years.


// Who's Online (Guests Fix)