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Last updated: Wednesday, May 21, 2008
SPEARS' DAD QUITS JOB FOR FULL-TIME CONSERVATOR ROLE
LATEST: BRITNEY SPEARS father JAMIE has quit his job as a caterer to dedicate himself full-time to overseeing his daughter's business affairs.
Britney Spears goes to East West Bank in Beverly Hills with her father Jamie Spears. Los Angeles, California - 22.04.08
Jamie Spears was appointed conservator of the star's legal and financial affairs in February (08) and is in charge of her estate - with court-appointed observer Andrew Wallet - until 31 July (08). And now, according to court papers, the pop star's father has taken on a full-time position as conservator - being awarded a $2,500 (GBP1,250) weekly salary for the role. Spears was also awarded a $10,000 (GBP5,000) lump-sum to cover the first month of his co-conservatorship over his daughter's estate, according to U.S. publication People.com. The court documents also give the reason why he needs to quit his job as a caterer, with the papers stating the responsibilities of conservator "have required (his) full-time attention". There will be a further court hearing on 29 May (08) to discuss monetary matters in greater detail. And it seems Spears' role over-looking the singer's affairs is paying off - since he was appointed conservator in February (08), the 26-year-old has secured expanded visitation rights with her two sons; Sean Preston and Jayden James.
Source: WENN
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