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Britney’s Co-Conservator, Andrew Wallet, Requests Court Approve His Request To Resign Immediately

Britney Spears’ father, Jamie, could be the sole conservator over the pop star’s personal and financial affairs.

Andrew Wallet, who’s overseen the financial and business sides to Britney’s conservatorship for more than 10 years, is asking the courts to approve his request to resign ASAP. This could mean Britney’s other conservator, her father, will now oversee the estate as well.

See what Exhale is saying about this.

According to documents obtained by The Blast, Wallet states, “The conservatorship is engaged in numerous ongoing business activities requiring immediate attention and it therefore is in the best interest of the conservatee that the acceptance of Wallet’s resignation and the issuance of amended letters of conservatorship of the estate occur immediately and without delay.”

He adds, “Substantial detriment, irreparable harm and immediate danger will result to the conservatee and her estate if the relief requested herein in not granted on an ex parte basis.”

Related: Britney’s Reps Deny She Is Making New Music Right Now (Exhale)

In November 2018, Mr. Wallet filed a petition to receive a raise – to the tune of $426,000 per year and it was approved. “At the beginning of the conservatorship, the estate was nearly out of fund and cash equivalents,” Wallet said in the affidavit. “The estate and person of the conservative were in total chaos with tremendous liabilities. The problems were of epic proportions over a period of years. Extraordinary skills have been employed by all in order to achieve the results enjoyed at the present time.”

Wallet is reportedly retiring and wants to hand off the business affairs to Jamie because Mr. Spears has been handling much of that anyway. Though it’s hard to imagine someone would want to pass on that mass sum of money he receives from overseeing her estate. Especially after recently getting an increase in wage.

It’s curious timing. Mr. Spears is currently on the mend after his colon ruptured late last year. According to Britney, he nearly died. Mr. Spears remained in a Las Vegas hospital for 28 days before getting released. He’s expected to make a full recovery. As a result, Britney cancelled / postponed Domination and isn’t working until further notice.

It’s worth mentioning that Mr. Wallet says this issue should be resolved immediately because of Britney’s business ventures. It sort of puts to rest the rumors that she’s retiring, and could be one step closer to dissolving the conservatorship altogether.

He also states the courts failing to immediately approve his request could result in “substantial detriment, irreparable harm and immediate danger,” though it’s difficult to specifically understand what exactly that means and why.

According to the docs, Britney’s net-worth right now is $56 million.

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