Britney spears :::: Bryan Spears in control...Now?!
The plot thickens and Bryan Spears has been thrown into the mix of things. He has been names a trustee to his sisters 100 million dollar estate. The pop singer has been deemed unable to manage her money, due to her current mental health status.
Along with her brother Bryan; Ivan Taback, a partner in the personal planning department of the New York-based law firm Proskauer Rose is a named Co-Trustee. Between the two of the men, they will have the autonomy to handle the pop stars funds as they see fit. According to People online, they will use the monies for the "continued security, medicine, food, other day-to-day expenses and for psychiatric and other medical services," according to court documents.
The two men gained control, due to a clause in Britney Trust, stating if Britney stops being a trustee, then the two must step in as Co-Trustee's, "then Bryan Spears ... and Ivan Taback may act as successor co-trustees under the trust "
Britney has been stripped of her trustee status because she has been declared "legally disabled", to manage her own trust. This was done by the court, which also extended her father Jamie's co-conservator role until March 10, 2008.
However you need not worry, that the outsider from teh law firm will take her money and spend as he wishes. The agreement require, "unanimous consent", so neither Bryan or Ivan can act alone in the spending of her monies.
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