Jamie Lynn Spears named as sister Britney Spears' trustee

Jamie Lynn Spears is set to play a more significant role in her sister Britney Spears' conservatorship, new court records show. Photo / Getty Images

Jamie Lynn Spears is set to play a more significant role in her sister Britney Spears' conservatorship.

According to new legal documents, the former kids TV star has been named the trustee of Britney's "SJB Revocable Trust", which was initially set up to protect the singer and her children's finances.

According to the trust, Jamie Lynn will ensure these assets and cash will be used for Britney's two children, Sean and Jayden Federline, if the singer was to pass away.

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I’m very sweaty here and yes I’m working on my body !!!! It’s very hard at this time because there’s really nowhere to go and everything is closed ….. but I swear to God food has never tasted so good 🌭🍕🍔🌮🥞🍿!!!! I’ve heard people say …. “love people who love food” …. well damn I must be really loved 😂😋🤣!!!! I love food because it touches my soul …. ok now back to my point !!!! I used to feel ice cold after a work out 🥶 …. now I’m learning I actually sweat when I work out and I enjoy it !!!! Anyhow …. what things have you guys learned to do in your own time ?!?!? PS I KNOW, I KNOW my hair is a hot mess … but considering how long it can take to get your hair done for a show ….. it’s kinda nice to switch it up a bit and throw in some Rock N Roll vibes 🎸🤘🏼😜 !!!!

A post shared by Britney Spears (@britneyspears) on Aug 24, 2020 at 6:16pm PDT

The document states: "Upon the settlor's death, the entire principal of the Trust … shall be promptly distributed by the Trustee to the trustee or co-trustees of the BJS Kids & Family Trust, to be held, administered and distributed in accordance with its terms."

The "SJB Revocable Trust" was reportedly created in 2004, four years prior to when her conservatorship started in 2008.

Britney's trust reportedly includes her bank accounts and personal items such as clothes, jewellery, artwork and furniture. It's not clear if it also includes the value of any of her intellectual property, such as music rights.

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@mariahcarey

A post shared by Britney Spears (@britneyspears) on Aug 17, 2020 at 4:44pm PDT

Last week Britney Spears failed to remove Jamie Spears from controlling her business and personal affairs when a Los Angeles court refused to make immediate changes to her 12-year conservatorship, according to the Mirror.

She had asked for her care manager to replace her father as her conservator, but the court extended the existing arrangements until February 2021.

Britney's fans have campaigned for years for Britney to be released from the arrangement, in a movement called #FreeBritney.

The star's father was made her conservator in 2008 when she was hospitalised for psychiatric treatment.

She had asked a judge to replace him with an independent professional conservator, Jodi Montgomery, who took over from Jamie last year when he suffered a health crisis.