Britney Spears’s father, who was given temporary control over his daughter’s personal and business affairs in February, has now been given permanent control over the superstar’s fortune.
A Los Angeles judge ruled this afternoon in a closed-court hearing, that Jamie Spears will continue to control his daughter’s estimated $100 million fortune for an indefinite period of time.
“The conservatorship is necessary and appropriate for the complexity of financial and business entities and her being susceptible to undue influence,” said the judge, Reva Goetz, according to the Associated Press.
However, “the permanent conservatorship doesn’t have a set date to expire,” court public information spokeswoman Vania Stuelp tells E! News.