According to ET Online, as of 2018, Britney Spears’ little sister, Jamie Lynn Spears, has been named the trustee of her sister’s SJB Revocable Trust. What does that mean? Well, in the event of Britney’s death — which will hopefully only happen in like, 50 years — Jamie Lynn, Britney’s younger sister, will be the sole person responsible for taking care of her fortune and ensuring that her wealth will be distributed in accordance to Britney’s wishes. Britney’s wishes, it turns out, are much like any parents — Jamie Lynn would be responsible for ensuring that the assets and cash in Britney’s trust would be used for her two children she shares with ex-husband Kevin Federline, Sean and Jayden Federline.
The news, while not “new,” comes out at a time when Britney Spears’ conservatorship and wealth has been the topic of much conversation. Recently, Spears had requested that her father, Jamie Spears, not return to his role as the conservator of her person and estate, and that Jodi Montgomery, who had been court-appointed to be her conservator and has the professional training to do so, remain in the position, even if she had been appointed to do so temporarily while Jamie dealt with some health issues that knocked him down earlier in the year.
Apparently, that request was denied. A judge ruled, instead of extending Montgomery’s conservatorship, to allow her father to return to the role through Feb 1 2021, meaning that Jamie will return to the role, over Britney’s wishes.