The company now managing her money, Bessemer Trust, is highly reputable (though expensive). My understanding is they were only put in charge recently, which is absolutely outrageous.
If nothing else, an adult saying “I don’t want my dad in charge of me” absolutely should be the end of that parent’s legal authority over them.
There’s a lot of posts in this thread that are kinda gross. Really shitty for men to not take women at their word on issues of their reproductive health. Really shitty. Goes on everywhere though.
Britney Spears’ ex-husband Kevin Federline has obtained a restraining order against the pop singer’s father Jamie Spears, according to Federline’s lawyer. Los Angeles divorce attorney Mark Vincent Kaplan tells NBC News the order restricts access to both Sean Preston and Jayden James and includes geographical restrictions including home and school.
The order was obtained after a physical altercation allegedly occurred between Kevin Federline’s son Sean Preston and Jamie Spears on August 24 at Spears’ home in Ventura County, Kaplan said. Federline claims Spears broke down a door to get to his grandson and grabbed him once he was in the room, according to his attorney. There were no visible bruises or injuries to the child.
That alone should have been completely disqualifying. Some of the weirder allegations like changing the kitchen cabinet color are in this NYT article:
You may point out that these are mostly claims made by Britney in court filings that we can’t substantiate as fact. However, this relationship is highly asymmetrical requiring that the conservator be completely beyond reproach, and the burden of proof should mirror that asymmetry. I will emphasize the part that NYT treats as fact though:
But that dynamic grew even more complicated after Mr. Spears — a recovering alcoholic who has faced accusations of physical and verbal abuse — took the lead in wrestling what he saw as his adult daughter’s demons.
Regarding her claims that he is a manipulative despot who tries to control the most trivial aspects of her life, there is this from two days ago:
There’s simply too much smoke here. This dude should not be a conservator of anyone or anything ever. It has nothing to do with Britney’s health status. Maybe the people evaluating her are correct and she does need a conservator (I’m skeptical but open to the idea). That’s fine but it can’t be this guy. His legal interest in this matter should have been nullified forever ago.
The wealth management firm that had planned to act as co-conservator of Britney Spears’s financial dealings has asked to leave the arrangement.
The company also said its role had not yet taken effect. It wrote that it is “not currently authorized to act, has taken no actions as conservator, has made no decisions as conservator, has received no assets of the estate [and] has taken no fees.”
…
The takeaway from that NYT piece is that she was interested in ending the arrangement as early as 2016:
We haven’t even gotten to the good shit yet. Should probably get a separate thread if any of the overworked, underappreciated mods feel like extracting.
In most situations lawyer’s fees aren’t available, and clients obviously have an interest in monitoring them closely. However, when they are available as basically a matter of right there’s major issues in at least 50% of cases. That includes conservatorship, big bankruptcies, a lot of class action and employment litigation, also social security benefits cases (mandatory lawyers fees if you prevail).
Here’s a recent case from Orange County where the lawyers requesting mandatory fees accidentally admitted to lying about the work done (which is obviously very rare). The judge is not happy and his order is worth reading. (This is a known conscientious judge. Most judges are pretty solid, but it’s often too easy to rubber stamp.)
In CA and a lot of other places there’s like a 4% fixed fee for probate, but that’s if there’s no litigation or anything. If there is litigation the client is usually the estate, so effectively the heirs that win (the executor pays the bills from the estate)