Co-conservator of Britney Spears’ estate requests to resign

Just one day after a judge ordered Bessemer Trust co-conservator of Britney Spears’ $60 million estate, the wealth management firm has asked to resign.

Bessemer Trust cited “changed circumstances” following Spears’ revealing testimony at a hearing last week, during which she called the conservatorship “abusive.”

“The Conservatee claimed irreparable harm to her interests in her testimony and, more specifically, the Conservatee’s objection to the continuation of the voluntary Conservatorship and her desire to terminate the Conservatorship,” the Bessemer Trust petition read. “Petitioner has heard the Conservatee and respects her wishes.”

In Wednesday’s ruling, the judge also denied the pop star’s request to have her father, Jamie Spears, removed from his current role as co-conservator of the estate, reported CNN.

Spears’ father has requested the judge launch an investigation into the claims his daughter made about the conservatorship.

Jodi Montgomery, the temporary conservator of Spears’ health and medical decisions, released a statement through her attorney in response.

“Ms. Montgomery looks forward to presenting a comprehensive Care Plan to the Court setting forth a path for termination of the conservatorship for Britney, and Ms. Montgomery looks forward to supporting Britney through that process,” her statement read in part.

The next hearing in the case is scheduled for July 14.

The-CNN-Wire
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