Britney Spears’ sister, Jamie Lynn Spears, has been named as the trustee for her older sister’s finances
The 29-year-old former Nickelodeon star has been named the trustee of Britney’s “SJB Revocable Trust,” which was initially set to protect the pop star and her children’s finances, according to The Blast, which obtained the documents.
Jamie Lynn has reportedly requested that the court authorize Fidelity Financial Management to serve as a financial advisor and create “blocked accounts” to hold her 38-year-old sister’s assets.
According to The Blast, Jamie Lynn will ensure these assets and cash will be used for Britney’s two children, Sean and Jayden Federline, if the singer was to pass away.
The “SJB Revocable Trust” was reportedly created in 2004, four years prior to when her conservatorship started in 2008. Britney’s father, Jamie Spears, and her co-conservator, Andrew Wallet, reportedly signed off on Jamie Lynn’s request to be named a trustee.
Last week, it was reported that Britney no longer wished to have her father in control of her conservatorship, with her lawyer Samuel D. Ingham III requesting that the conservatorship “must be changed substantially in order to reflect the major changes in her current lifestyle and her stated wishes.”
However, after a hearing in court, the conservatorship remains unchanged with Jamie Spears still in control. Following the hearing, the American Civil Liberties Union came out in support of Britney and offering their help.