Highlights
- Britney must cover $2 million in legal fees, ending dispute with father Jamie Spears.
- Her memoir advance is spent, facing more financial challenges amid costly divorce.
- Freedom from conservatorship comes with high price, including ongoing legal battles.
Britney may be free from her conservatorship, but she still has to pay big to put things to an end. A court has decided the singer is responsible for her father Jamie Spears’ legal fees, amounting to $2 million, after years of battling in court.
Representatives for the singer and her father officially confirmed earlier this week that they had reached a resolution in the legal dispute filed in December 2021, which alleged financial impropriety.
RelatedBritney Spears Faces Financial Crisis As Debt Continues To Pile Amid Divorce
Britney reportedly blew through the $12.5 million advance she got for her memoir, published in October.The settlement, undisclosed in amount, was finalized in Los Angeles Superior Court earlier this week. According to TMZ sources, the settlement surpassed $2 million, despite initial claims from Britney's lawyer suggesting Jamie Spears had withdrawn $6 million from her estate.
Britney’s attorney Mathew Rosengart reportedly assured Britney of the strength of her case, accusing her father of financial mismanagement and covert surveillance. Though the settlement may not have met their expectations, it spares both parties from the trial that was set to start next month.
“Her wish for freedom is now truly complete,” Rosengart said in a statement, referring to the conservatorship that held Britney between 2008 to 2022. “Her freedom now includes that she will no longer need to attend or be involved with court or entangled with legal proceedings in this matter.”
Britney’s latest legal challenge isn’t the only big expense. She’s also navigating her ongoing divorce from Sam Asghari, who filed to end their marriage in August after only 14 months.
Britney Spears at the MTV AwardsNot only does she have legal bills from the divorce, but Sam is reportedly trying to get a more generous divorce settlement that their prenup allows him to. Reports say he’s threatening to release the singer’s private information if she doesn’t comply, though Asghari has denied the claims.
While the divorce is being negotiated, Spears has allegedly been paying for Asghari’s apartment, which may be as high as $10,000 per month.
Spears has a net worth of $60 million, but it’s allegedly supposed to be much higher. Her fortune was depleted during her conservatorship, but it looks like it’s going to get even smaller, now that the court decided she needs to pay her dad’s legal fees.
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