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Britney Spears' Lawyer Puts Conservatorship Team on Blast for Expensive Fees

Britney Spears‘ lawyer is calling out members of the pop star’s conservatorship team.

In a new filing obtained by The Blast published Tuesday (September 15), her lawyer called out members of the conservatorship, including father Jamie Spears, for their finances.

PHOTOS: Check out the latest pics of Britney Spears

“After denying for months that any structural change to this conservatorship was necessary, an hour before the last hearing James [Jamie] suddenly reversed direction and conceded that a co-conservator of the estate is needed after all. However, rather than work collaboratively with Britney to find the best candidate, James chose to work in direct opposition to her clear statement that she ‘strongly prefers to have a qualified corporate fiduciary appointed to serve in this role,’” the filing reads.

Britney‘s lawyer also challenged Jamie‘s choice for reinstating co-conservator Andrew Wallet, who voluntarily left his role in 2019.

“In fact, Mr. Wallet‘s sudden departure after 11 years was ‘voluntary’ only in the sense that he wasn’t removed. Rather, it was negotiated by court-appointed counsel for Britney and supported by consideration to Mr. Wallet in the form of a $100,000.00 ‘golden parachute,’” the filing goes on to read.

The co-conservator was paid $426,000 a year for his services according to the paperwork, and “any individual co-conservator to this case, much less Mr. Wallet represents a very poor value that Britney cannot afford,” her lawyer argues, considering that she is not performing nor desires to at this time.

They also pointed out that Jamie “modified” the amount business manager Lou Taylor‘s company was paid by the conservatorship.

“In considering the economic impact of Mr. Wallet‘s return on Britney‘s estate, it should be noted that on December 20, 21 2019, after Mr. Wallet had departed, James modified the compensation of TRI STAR SPORTS AND ENTERTAINMENT GROUP, the business manager, to provide for a minimum annual fee of $500,000.00,” the filing claims.

“This amount represents more than DOUBLE the amount that Tri-Star was previously receiving.”

Her father’s position is that Britney‘s decision not to perform will require him to undertake drastic changes to her “budget.”

“Apparently this frugality does not extend to the fees James pays from the conservatorship to the financial professionals with whom he surrounds himself,” the filing states.

Britney would like the court to appoint an investment bank as the conservator of her estate according to the filing, and claims she has little or no connection to her father’s choice.

“Apart from the fact that Mr. Wallet has been extremely expensive in the past, based on what occurred over the 11 years he served as her co-conservator there is no reason to believe that Mr. Wallet will be able to work with Britney to explain and implement any difficult budgetary choices that must be made.”

The judge will ultimately make the final decision regarding these requests.

Britney‘s conservatorship was first placed in 2008 with her father, Jamie Spears, being named the permanent conservator. After Jamie stepped down due to health reasons last year, Jodi Montgomery was named temporary conservator. Since 2008, the courts have continued to rule that she’s not capable of making decisions about her finances and health care.

Here’s what her friend Paris Hilton recently said about that…

Britney Spears' Father Wants to Reappoint Co-Conservator Who Resigned in 2019

Britney Spears‘ father Jamie Spears is pushing to reinstate someone else in his daughter’s finances.

The 68-year-old father of the 39-year-old Glory singer submitted a petition to the Superior Court of California on Tuesday (August 19) requesting to have Andrew Wallet, an attorney who handled her finances until 2019, return as co-conservator of her estate, People reported Friday (August 21).

PHOTOS: Check out the latest pics of Britney Spears

In the document, Jamie asked that he and Andrew be granted the “power to obtain all documents and records” relating to her estate, including “all contracts, information relating to credit cards, bank statements, estate planning documents, receivables, and any and all powers of attorney.”

The filing also revealed that she has a total of $2.7 million in cash assets and an estimated $57.4 million in non-cash assets as of December 31.

A hearing has been set for September 16.

Jamie stepped down as the permanent conservator in September of 2019 due to “personal health reasons,” with Jodi Montgomery taking his place on a temporary basis.

His petition to regain powers in overseeing the conservatorship comes after Britney‘s attorney, Samuel D. Ingham III, submitted a filing in Los Angeles claiming that she is “strongly opposed” to having her father return as the sole conservator of her affairs and instead “strongly prefers to have a qualified corporate fiduciary appointed to serve in this role,” and now “strongly prefers” that Jodi continues to be the sole conservator of her person.

“We are now at a point where the conservatorship must be changed substantially in order to reflect the major changes in her current lifestyle and her stated wishes,” her lawyer said in the statement.

“Without in any way waiving her right to seek termination of this conservatorship in the future, Britney would like Ms. Montgomery’s appointment as conservator of her person to be made permanent,” her lawyer wrote.

In the papers, Britney praises the conservatorship and its work overall, saying it “rescued her from a collapse, exploitation by predatory individuals and financial ruin” and that it made her “able to regain her position as a world class entertainer,” via AP.

Here’s what Jamie Spears previously said about the #FreeBritney movement…