Jamie Lynn Spears Appointed as Britney Spears's Trustee
She came to her sister's defense after trolls questioned her mental health.
While much of Britney Spears's conservatorship remained unchanged after a court date last week, there was a major change, according to The Blast. According to court documents, Jamie Lynn Spears, Britney's younger sister and former Nickelodeon star, will serve as a trustee for the SJB Revocable Trust, a legal entity that was established to "protect the pop star and her children’s finances," Page Six reports.
Court documents revealed that Jamie Lynn requested that the court authorize the creation of "blocked accounts" to safely manage her sister's assets. She named Fidelity Financial Management specifically. The intention, The Blast notes, is for the money to go to Britney's "two children, Sean and Jayden Federline" if the singer passes away.
"Upon the settlor’s death, the entire principal of the Trust [...] shall be promptly distributed by the Trustee to the trustee or co-trustees of the BJS Kids & Family Trust, to be held, administered and distributed in accordance with its terms," the paperwork reads.
Created in 2004, the SJB Revocable Trust existed long before Britney's conservatorship, which was established in 2008. In addition to her finances, the trust also covers Britney's "clothes, jewelry, artwork, and furniture."
Jamie Spears, the sisters' father, and Britney's co-conservator, Andrew Wallet, approved Jamie Lynn’s request to be named trustee.
Back in July, Jamie Lynn clapped back at a troll that questioned her sister's mental state, writing, "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, badass, unstoppable woman, and that’s the only thing that is OBVIOUS."