Britney Spears' father Jamie Spears has agreed to step down from her conservatorship after 13 years. Appearing in court on Thursday, Jamie responded to the singer's petition to suspend him from the legal arrangement by announcing his intention to step down.
The decision does not release the Gimme More hitmaker from her conservatorship but rather takes her father out of the position as conservator of her estate, a role that oversees the star's multi-million dollar empire.
In the filing, he wrote he will be "(wrapping) up certain matters" before his departure, according to Variety. He did not give details as to what those matters are or what the timetable will be for his removal.
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