Britney's Estate Under Temporary Conservatorship

Posted Feb 1st 2008 5:33PM by TMZ Staff

A Los Angeles court commissioner has placed Britney Spears and her estate under temporary conservatorship.
Britney Spears
That means her financial assets and other holdings will be managed by a conservator -- the conservators are Jamie Spears and attorney Andrew Wallet.

The judge did not appoint a conservator to make medical decisions on behalf of Brit because the necessary paperwork was not filed.

As for the conservatorship that was filed -- it is only temporary -- until Monday.


A conservatorship is created when it is deemed that a person cannot care for themselves or handle his or her own affairs.

Filed under: Britney Spears

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61. WHOOOPPPEEEEEEEEEEEEE!!!!!!!

Posted at 6:06PM on Feb 1st 2008 by anonymous

62. Good grief! What good will a 48 hour conservatorship do-- especially if Britney gets out of the hospital and goes on another crazy tear like she did the last time? When this one expires, that vampire Lutfi will just be waiting in the wings to claim her again, and he'll make doubly sure to do everything he can to keep her away from anybody who can really help her. I wish the Court had extended it to 90 days-- time enough to get her on meds & on her way to being stable, get her financial assets & estate put into a trust, and get her out of the public eye for at least a short while. *sigh* I can't even begin to call how this one's going to end.

Posted at 6:09PM on Feb 1st 2008 by cubalibre

63. TRUTH IS STRANGER THAN FICTION: The attorney's name is WALLET!!!! Oh that's too much!!!!

Posted at 6:12PM on Feb 1st 2008 by bka62223

64. Jamie Spears won temporary conservatorship over daughter Britney today in a Los Angeles court decision. He has been granted power over her entire estate, as well as a civil restraining harrassment order against her sometime manager Sam Lutfi.

Jamie will now have control over Britney's medical treatment, her business and liquid assets, has the power to send a security guard to remove someone from her house and change the locks, can restrict and limit visitors at the hospital, and also approve and retain security guards and caretakers at the hospital.

The judge, Commissioner Reva Goetz, granted the temporary order because she did not feel she had the proper amount of time to review the wealth of materials and wanted the weekend to go over it all. She scheduled the next hearing for this on Monday, February 4. The restraining order against Sam, which is for 21 days, will be revisited on February 22.

Lynne's sister sat between Lynne and Jamie during the hearing, and Jamie emerged from the courtroom with bloodshot eyes. Britney's parents made no comment to reporters.

Jamie will share conservatorship on Britney's business affairs with lawyer Andrew Wallet.

Posted at 6:15PM on Feb 1st 2008 by anonymous

65. Only problem is~this is VERY temporary,only until Monday...than what??!

Posted at 6:17PM on Feb 1st 2008 by MannysGrammy

66. So according to prime news - her hospital ride was a small $25,000.00

WOW!!!

Posted at 6:18PM on Feb 1st 2008 by anonymous

67. Brit is only in officially for 72 hours. They have to wait and see what the what the doctor says after that period of time. Britney has been confined to two weeks yet, has she?

Posted at 6:20PM on Feb 1st 2008 by W T F ?

68. Thank God Lynne didn't get appointed! Poor Brit! She would have been left there to rot while Lynne was out hording Brit's cash.

Posted at 6:23PM on Feb 1st 2008 by W T F ?

69. Anyone else out there who would LOVE to do a running field goal style kick straight to this guy's critch?

This greedy terrorist rat named OSAMA needs to go away.

Posted at 6:28PM on Feb 1st 2008 by WTF?

70. I highly doubt Brits gonna take this news laying down ,,,,possibly strapped down ya! I wonder also what kind of lawyer has "Wallet" for a name???? Hmmmm is there a hidden message here??? Brit is gonna be kicking and screaming over this turn of events unless of course they have her so out of it she won't even find this out for days!

Posted at 6:28PM on Feb 1st 2008 by Tishalynn

71. Better to have a stranger than her Dad. However-BYE BYE LUFTI ! GOOD FOR THE JUDGE !!!!!

Posted at 6:28PM on Feb 1st 2008 by legal eagle

72. are you people so damn stupid or pitiful that you blame lynn spears for her daughters crappy choices of the last 7 years?are you just like everyone else bitching about how crappy your childhood was too?bitching people shut up you are jealous of her money and fame and want to be heard but go away if you are all about bashing the parents .the girl needed to take responsiability when she had 2 children of her own!!!!!!!!!!!!!gosh think about the bitching brits kids will do!!!!!!!

Posted at 6:34PM on Feb 1st 2008 by michele

73. Finally! I couldn't imagine a better outcome.

THIS JUDGE DESERVES A MEDAL!!!

:) :) :)

Posted at 6:39PM on Feb 1st 2008 by Madeline

74. THIS FAMILY WILL MAKE SURE WITH DR./ESTATE PLANNER THAT THE PREY IS KEPT LOCKED UP UNTIL THEY'RE DONE WITH THE PILFERING!! SAM WILL BE JUST FINE.....THEY JUST WANT TO MAKE BRIT FEEL LIKE HE HAS DESERTED HER SO THEY HAVE AN OPEN FIELD OF PLAY........WE SHALL SEE AFTER MONDAY IF BRIT IS RELEASED ON HER OWN OR NOT,........MY BET IS NOT!!! CALLING BRIAN WILSON FROM THE BEACHBOYS HELP THIS GIRL PLEASE....................

Posted at 6:42PM on Feb 1st 2008 by debeers

75. They had the paperwork for the wealth but not the health ??? hmmm it would seem to me her health would be more important...Anyone on this ??

Posted at 6:44PM on Feb 1st 2008 by anonymous

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