Britney Spears has officially filed a petition to replace her father Jamie Spears as the conservator of her estate.
The singer’s newly-appointed lawyer Mathew Rosengart has nominated professional fiduciary Jason Rubin to be her new financial conservator.
According to court documents obtained by E! News, Britney’s estate is worth $57.4 million – which includes $2.7 million in cash assets, and $54.7 million in non-cash assets.
The petition reads: “Ms. Spears respectfully submits that the Court should appoint her nominee… it is an objectively intelligent preference to nominate a highly qualified, professional fiduciary in this circumstance.”
“Moreover, Ms. Spears respectfully submits that, given the Court’s recognition at the July 14, 2021, hearing that Ms. Spears has sufficient capacity to choose her own legal counsel, she likewise has sufficient capacity to make this nomination.”
Speaking to reporters after the court hearing, Britney’s attorney said: “Less than two weeks ago, we pledged that after 13 years of the status quo, my firm and I would move aggressively and expeditiously to file a petition to suspend and remove James P. Spears…”
“We have done so, in less than two weeks. We look forward to litigating the matter in court.”
“I once again want to thank Britney Spears for her courage and her fortitude.”
“I want to thank her fans who’ve been incredibly supportive of her on social media and otherwise, throughout the country, throughout the world. And she deserves it and she appreciates it,” he added.
The next court hearing is scheduled to take place on September 29, which Britney is expected to attend.
Britney was placed under a conservatorship after she suffered an alleged breakdown in 2008.
A conservatorship is granted to those who are incapable of making decisions, such as people with mental disabilities.
The arrangement put her estate, financial assets, and some personal assets under the control of her father Jamie, and lawyer Andrew Wallet – who has since resigned from the role.
The pop star’s conservatorship has been under review since 2019 after she accused her father of forcing her to enter a mental health facility.
In November last year, the songstress tried to have her father removed as her conservator, but her request was denied.
Instead, a judge named wealth management firm the Bessemer Trust as co-conservator of her estate, alongside her father.
However, Bessemer Trust has since resigned from the role.
Britney’s longtime manager Larry Rudolph also resigned from his role earlier this month amid her legal battle.
