Britney Spears’s sister Jamie Lynn Spears has been named trustee of her fortune and is seeking to move some of her assets, according to The Blast and the Los Angeles Times.

Jamie Lynn was appointed trustee in 2018. Both their father, Britney’s conservator Jamie Spears, and Andrew Wallet, his former co-conservator who has since stepped down, agreed to Jamie Lynn taking the position, The Blast noted.

The documents reportedly stipulate that Britney is “sole beneficiary” of the money in the trust while she’s alive. It’s the trustee’s responsibility to make sure that, should something ever happen to the pop star, her children receive her assets. (She shares sons Preston, 14, and 13-year-old Jayden with ex-husband Kevin Federline.) The Grammy winner was worth $57.4 million as of December.

For now, Jamie Lynn, Britney’s younger sister, has requested that all assets of the SJB Revocable Trust — created in 2004 — be relocated to Fidelity Brokerage Services, with her as custodian.

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