Much like 9/11 and Taco Bell announcing a breakfast menu, we all know where we were when Britney Spears had her psychotic break of 2007. TL;DR it was bad. Since then her father, Jamie Spears, and a team of lawyers have controlled every aspect of her personal and financial life, because well, 2007. Looks like they’ll be doing that until Britney’s mental issues from 8 years ago are no longer economically viable (when she dies).
Fact is … the conservatorships have worked remarkably well. Britney — who at her worst was on the verge of losing permanent custody of her kids — is now by any standard a great parent. Jamie and Britney’s doctors have stabilized her to the point she can successfully work and maintain a personal life. As for the financial conservatorship, it has been a huge success. Last year alone the conservatorship raked in $14 million, and that’s only a portion of Britney’s financial machine. As one source said, before the conservatorship her finances were an absolute mess, and the ship has been fully righted. We’re told Britney — who has a team of lawyers and doctors, along with Jamie, managing the conservatorship — has “substantial day-to-day freedom” to make her own decisions. Short story … if the conservatorship were to end, there would be significant risk she could backslide. The plan is to continue the conservatorship indefinitely … because it works.
I guess they can spend this however they want, but keep in mind that Jamie Spears pays himself $16K a month and monthly $2K “rent allowance” (in addition to the lawyers’ fees) out of his daughter’s money, so let’s not pretend that he’s doing this out of the kindness of his heart. For $18K a month, Britney could get her own psychiatrist and financial adviser, and still have like $8K left over for beef jerky and Mtn Dew Red.