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It's a Family Affair! Brit's Bro Now in the Mix Too!

2/14/2008 7:37 PM PST BY TMZ STAFF

A judge has granted a request to have Britney's older brother, Bryan, be named as the trustee of his sister's trust.
Read the docs
30-year-old Bryan and attorney Ivan Taback have been granted the authority to serve as co-trustees.

According to documents filed today, Britney is the sole trustee of the trust. But, according to the trust, "an individual Trustee shall cease to act as Trustee hereunder if he or she is under a legal disability or if by reason of illness or mental or physical disability, in the written opinion of two doctors then practicing medicine, he or she is unable to manage his or her affairs."

Since Bryan and Ivan Taback were named successor co-trustees, they assume control. Stacy Smith is also named a successor co-trustee, but had previously declined her appointment.

125 COMMENTS

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76.

I luv Jon    

We can all say and speculate about what we "think" is her family's motives...but, I honestly believe they are doing what is best for her. Yes, they have "control" over her and her finances, but, not free reign to do whatever they want with her money. This is the best thing to happen to her in a long time, hopefully she will continue to get better and straighten her life out. Mental illness is nothing to make fun of or joke about. SHe is incapable of making sound decision for herself, as was evidenced by her actions the last few months. God bless her and her family and I hope she continues to do well.

2405 days ago
77.

April Fouels    

OTHER THAN THE OBVIOUS, I BELIEVE THERE IS A "DECONSTRUCTION" OF FINANCIAL STATUS FOR UPCOMING FEDERAL I.R.S. LITIGATION, I MAY BE WRONG, I HAVE SEEN IT BEFORE....

2405 days ago
78.

disgusted    

a while back on tmz there was a story about a house rented by britney that her brother had been liviing in and was severely trashed. And she was ordered to pay for the repairs.

As she only has one brother Brian, and he is now a trustee .

just sayin...........................................................

2405 days ago
79.

NOT a lawyer    

I find some of these comments very ignorant. Bryan is not after Britney's money. A Trust was put in place, and he was named as Trustee by Britney when she was in control of her senses. And PEOPLE>>>>A little over a year ago, her fortune was published as 100 million. Now, as her "former" business manager has been forced to turn over her holdings, the family has found that in a one year period, her estate has dwindled to 40 million. In ONE YEAR, her estate has gone thru 60 million dollars. The judge has this information. The judge has a legitimate reason to hand control at this point to Jamie. They are insisting that the business manager turn over all receipts/spending etc. There is money that is missing. They don't know where it is. They believe OSAMA is involved, and yes, they are concerned. Can you imagine.....she doesn't have 60 million to go thru this year. For all you people that think her family wants her money, you do not know the pain this family has gone thru in trying to get Britney to come to her senses, without going this route. They were left no choice. They are only looking out for Britney, and want to make sure her children are provided for.

2405 days ago
80.

wiggin' too    

It looks like this is newly discovered contingency Brit planned for in 2004. Since no one could wrestle paperwork from Grossman (& Lufti by proxy) until now, her Dad only just found out about Brit's previous trust arrangements.

Smells good to me.

2405 days ago
81.

I luv Jon    

SHe named her brother in the trust to act as co-trustee if she was unable to...it was a revocable trust, which means she could have changed it if she wanted to...so, this is her choice...

2405 days ago
82.

I luv Jon    

Linda, I totally agree wtih you! I wholeheartedly believe that her family is looking out for her and her children. I honestly do not believe that all they are after is her money. They are her family and no one I know has the perfect family. We all have our problems. Would any of you who believe her family is out for themselves, would you rather that Sam or Adnan still be in her life? Look how much calmer she seems to be with her family looking out for her. COme on people, look at what's right in front of you. Her family is doing their best and it really seems to be working at this point. She has a long road in front of her, but, I believe with her family by her side she will make it.

2405 days ago
83.

NOT a lawyer    

And Comment #75...get your facts straight. Bryan is not responsible for "trashing" anything of Britneys. He is in his mid 30's, very low key, and has been her rock when she let him. He OWNS his own home....paid for with his OWN money....and his home is beautiful and spacious. Any parties that he has had have been very low key, and with trusted friends and family.

2405 days ago
84.

too bad    

67. PLEASE!!!!!! BRITNEY IS BEHAVING SO SHE CAN HAVE HER DAD REMOVE! YEAH, RIGHT!
************************************************************************************************************************

You don't think she is behaving or improving over the past week? how many midnight runs and aimless drives and mexican weddings has she done in the past week? NONE! (TO SPEAK YOUR LANGUAGE)

of course she is "working" her dad and trying to have him removed, she has filed a complaint against him with the GOV's office and there are lawyers all over the country trying to take his power away......

2405 days ago
85.

Me    

linda if he has his own home & is so rich and mature, why did he trash brit's rental and cause thousands in damage? Where'd this young fellow get money to pay for this beautiful spacious pad you are talking about? If he's so rich why did he apply to the court today to start selling brit's assets to pay for her food and stuff, why wouldn't he just pay with his own money or chip in with ma & pa? Can't they even feed their daughter from their own pockets?? They are all so greedy.

2405 days ago
86.

Me    

I think KFed ought to get involved and try to stop this craziness...grandpa & ma and uncle bryan are spending Jayden & Sean Preston's money...there will be nothing left for them soon. KFed would be much better to have in charge because at least he cares about the kids and wouldn't want to see the money wasted. I hope he gets a lawyer to intervene soon.

2405 days ago
87.

Jess    

First her kids now the money. Her brain must be fried?

2405 days ago
88.

Me    


His 'producer' credits consist of several episodes of Jamie Lynns' Disney teen show; think his 'job' is living off his sisters.


Posted at 8:25PM on Feb 14th 2008 by copperpossum

LMAO...seems mooching runs in the family. Poor brit, her family are pathetic and much crazier than her. How can this happen in the USA?? Did civil rights go out with G'tmo Bay??

2405 days ago
89.

Me    

And JL's show is finished now...I presume he's currently unemployed and that's why he has time to sell Brit's assets to pay for her upkeep??

2405 days ago
90.

Lisa    

WHAT A BUNCH OF BACKWOODS HILLBILLIES SOME OF YOU ARE! DO YOU NOT HAVE THE SENSE TO KNOW THAT CONSERVATORSHIPS DO NOT ALLOW THOSE IN AUTHORITY TO SPEND THE MONEY? IT IS GOOD THAT THE FAMILY IS BEING INVOLVED AND IF SOME OF YOU HAD HALF A BRAIN YOU WOULD BRUSH UP ON LEGAL LINGO AND KNOW THE FACTS BEFORE YOU START SPEWING OFF AT HER FAMILY AND IMPLYING THEY ARE IN THIS FOR THE MONEY. HER FINANCIAL AFFAIRS ARE AUDITED AND NO ONE CAN SPEND A DIME WITHOUT AUTHORIZATION YOU DUMBA****..AND LEAVE HER BRITHER ALONE....HE HAS TRIED (UNLIKE HIS SPOILED SISTER) TO STAY OUT OF THE SPOTLIGHT AND LIVE HIS OWN LIFE AND PROBABLY DOES NOT LIKE TO BE DRAGGED INTO THIS MESS. BRITNEY SHOULD BE ASHAMED FOR WHAT SHE HAS PUT HER FAMILY THROUGH. IT MUST BE HIGHLY EMBARRASSING TO SAY 'BRITNEY IS MY SISTER'

2405 days ago
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