This development comes days after Spears announced that she had been “traumatized” by the guardianship arrangements.
A financial firm has asked to withdraw from joint custody of Britney Spears’ money, citing objections the American singer made to a court last week.
The estate of the 39-year-old Bessemer Trust is jointly with her father, Jamie Spears.
Spears has previously filed a motion through her attorney to terminate her legal guardianship, and then last week testified vitriolic against the entire court arrangement.
Spears described the guardianship as “abusive” and asked for her to restore her normal pace of life.
The Bessemer Trust asked to withdraw from custody Thursday, a day after a judge rejected a new request to end Jamie Spears’ guardianship of the pop star.
The company referred to the singer’s testimony in court on June 23, as a reason for her desire to give up custody, saying that she “relied on powers of attorney” that guardianship is voluntary, and that all parties, including Britney Spears, agree to it.
The company said it seeks to respect the singer’s wishes.
‘I was shocked’
Britney Spears is under a guardianship arrangement, which has controlled her personal and financial affairs for more than a decade.
Her father, Jamie Spears, took custody of her property in 2008, after she was hospitalized, amid a series of public accidents that raised widespread concerns about her mental health and safety.
The court has continued to extend guardianship arrangements since that time, but its details have remained out of public interest.
The singer’s lawyer, Samuel Ingham, said Britney is afraid of her father, adding that she refuses to return to singing if he remains in control of her career.
Spears spoke about guardianship at a hearing last week, in her first comment on her situation, and sparked widespread public support for her attempt to regain her freedom.
These developments came after years of fan speculation and fears, and after the launch of a campaign to free it called FreeBritney.
During her statement to the court, the star said that she was drugged and forced into guardianship against her desire and was prevented from having children.
“I was in denial, I was living in shock. I want my life back,” she added.
Spears’ attorney is expected to file a formal request to end the guardianship.
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