During aninterview with the Daily Mail, Federline admitted that he believes the conservatorship that Jamie Spears had over Britney "saved" her. The pop star had The semi-autobiographical fiction novel, which was co-written with Britneys mother Lynne Spears, follows Holly Faye Lovell, a 14-year-old girl from the small town of Biscay, Mississippi, who has dreams of becoming a singer. Now they only speak through attorneys," the source said. On top of this, pays for the kids's school, insurance, and clothing. News, $100,000 will go toward Federline's legal "costs and fees," with the remainder given to Benchmark Resolution Group. From the day she first stepped into the spotlight, Spears has been surrounded by family. Keep up with her onInstagramandTwitter. We just hit it off right away, K-Fed told People in 2008. Jayden went on to reveal in an interview with The Daily Mail how he and his brother were torn over Spears' usage of social media, saying that one time, Preston requested Britney not to post his picture, but she did, which irritated him. StyleCaster is a part of Penske Media Corporation. Federline also receives child support from Spears for their two sons, whom he has full custody of. The best thing would be for their mom to be healthy and happy. (Reuters). Two weeks after it was revealed that Britney Spears and Kevin Federline were gearing up for a legal battle following his demand for more child support, the pop star has reportedly been ordered to pay her ex-husband$110,000. Britney Spears and Sam Asghari Share First Photos from Their Wedding Day, Britney Spears Sends Happy Birthday Message to Sons amid Estrangement: 'Love You Both So Much', Judge Rules Britney Spears' Father Jamie Spears Must Sit for Deposition in California, Britney Spears Is 'So Excited' About Wedding to Sam Asghari and 'Wants It to Be Perfect': Source. All rights reserved. Federlines lawyer reportedly demanded $60,000 a month from Spears, which she and her conservator, father Jamie Spears, have refused to pay for claiming that he doesnt contribute financially to any of their two childrens lives. The pop star had previously been paying Federline $20,000 a month, and the source claims she will now pay him nearly double that amount. 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Jayden said, "social media helps her So if that's what she wants to do, that's what she wants to do. We know this is the real thing, why not just do it now? Thats why I wanted to sneak and do it our little way. K-Fed and Britneys wedding came a year before Britney married her childhood friend, Jason Alexander, in Las Vegas. Britney Spears has been living her absolute best life. Most of her assets (over $56 million) are reportedly in the forms of investments and real estate, with just under $3 million in cash. ", "Some of Kevin's friends think he feels threatened because Britney is doing so well that she might not need him to have the kids as much anymore. See additional information. Mutual Fund and ETF data provided by Refinitiv Lipper. "This whole thing has been hard to watch, harder to live through, harder to watch my boys go through than anything else," Federline explained. If [the conservatorship is] no longer necessary, thats great too. Britney Spears fans have uncovered documents detailing payment Kevin Federline allegedly received fromSpear's father, Jamie Spears, the same year that herconservatorship was initiated. Nevertheless, just a year later, the ex-couple adjusted their custody agreement. Maybe Federline will offer to babysit. He said, The type of environment she gave us was not very comfortable for me and my brother, Britney was heartbroken and responded immediately in an Instagram post, Ive tried my best at being the best person I can be To be basically held hostage in homes under nurses and bullshit. K-Fed and Britney finalized their divorce in July 2007. Entertainment Television, LLC A Division of NBCUniversal. News confirmed that the father-of-two requested an increase in the $20,000 he receives each month, "given that the kids are older and the financial circumstances of the parties are significantly different than when the child support was originally resolved.". Britney Spears was reportedly ordered to pay ex-husband Kevin Federline $110,000 in their ongoing child support battle. Mutual Fund and ETF data provided by Refinitiv Lipper. At the time, the couple tried to resolve the negotiations privately, but Federline later sought the input from the court. Britney Spears has had some pretty questionable ex-partners in the past, prompting her fanbase to question the intentions of her subsequent suitors over the years. (Reuters) Two weeks after it was revealed that Britney Spears and Kevin Federline were gearing up for a legal battle following his demand for more child support, We know this is the real thing, why not just do it now? Thats why I wanted to sneak and do it our little way. K-Fed and Britneys wedding came a year before Britney married her childhood friend, Jason Alexander, in Las Vegas. So how much is Kevin Federlines net worth? Well, according to Celebrity Net Worth, K-Fed is worth $1.5 million, which includes the settlement he received from Britney, as well as money he made from his music and acting career. A rep for Spears and Federlines lawyer did not immediately return requests for comment. The out-of-pocket costs to begin a conservatorship are the filing fee, which ranges from Britney Spears to pay $650,000 for Lynne's attorneys? Spears and Federline divorced in 2007 after nearly three years of marriage. Spears disclosed she has been made to feel anxious and pathetic for wanting to be engaged in her son's lives, according to The Daily Mail. This alleged payment was in addition to the $20,000 Federline was already receiving in child support. According to TMZ, K-Fed received $1.3 million in his settlement with Britney, as well as a child support agreement. In May, the former backup dancer officially filed court docs in Los Angeles asking a judge to order Spears to increase the monthly child support. Suspicions aside, The Blast reported that child support was increased beyond its original rumored $20 000, but the exact amount has undisclosed, perhaps because, based on the testimony of his exes, Federline really does keep his children at the center of all his decisions. But they may have hit a new low when the time came for her to walk down the aisle. WebBritney Spears Salary & Earnings Overview: Record Sales 2016 Estimated earnings from her album Glory $260,000. Get the best of Fox News' entertainment coverage, right in your inbox. "I'm really happy for them, but she didn't invite the whole family and then if it was just going to be me and Preston, I just don't see how that situation would have ended on good terms. Britney Spears filed for divorce from Kevin Federline in 2006 and their split was finalized in July 2007. Regardless of Kevin Federline's supposed parenting prowess, there's no denying that Britney Spears is dropping a pretty penny on child support to her ex-husband but that won't discourage her from becoming a mother again in the future. Federlines attorney, Mark Vincent Kaplan, finalized the deal with Spears legal team on Friday, according to thesource. Their second child together, a son named Jayden James, was born in 2006. Before Federline met Britney Spears, he worked as a backup dancer for artists including Michael Jackson, Justin Timberlake, and Pink, according to Stylecaster. I just thought it would be too much if we had done it when we were supposed to, she said at the time. "Britney and Kevin had a cordial relationship until Kevin started asking for more money. What is Britney Spears net worth? In an interview with The Sun, Jayden revealed they had cut ties with their mother Britney Spears. Melody Chiu is a Senior Editor for PEOPLE. Per TMZ, the couple had a prenuptial agreement before their divorce and Britney also had to pay for K-Feds $250,000 lawyer fees. Britney has to pay Kevin $20,000 each month in child support. Representatives for Spears and Federline didn't immediately respond to Insider's requests for comment. "Kevin needs that money to keep up the lifestyle that he has become accustomed to.". Spears and Federline were married for more than two years and have two children, Sean Preston and Jayden James, together. Under the custody agreement, K-Fed has custody of Sean Preston and Jayden James 70 percent of the time, while Britney receives 30 percent unsupervised custodial rights. But, custody issues arose between Britney and Federline in I just thought it would be too much if we had done it when we were supposed to, she said at the time. According to a source close to the negotiations, Spears has agreed to pay Federline thousands of more dollars a month in child support. WebHow much does Britney Spears pay Kevin Federline in child support? I was madly in love with her. In November 2006, Britney filed for divorce from K-Fed, citing irreconcilable differences. 2023 E! Did OJ Simpson's Son Jason Kill Nicole Brown & Ron Goldman? We think the reasonable needs for the children while they would be in Kevins custody is probably three times what hes currently receiving, Federlines attorney Mark Vincent Kaplan told PEOPLE of how much more child support he estimated Spears should pay his client. In 2018, her ex-husband demanded an increase in the settlement which enraged most of her fans. Presently, Britney Spears pays $20,000 to his ex-husband as child support for their two children every month. E! As a result, Britney was legally granted two visits and one overnight stay per week. This isn't the first time Spears and Federline have had to renegotiate the agreement over care for their sons. And who knows? Please note that if you purchase something by clicking on a link within this story, we may receive a small commission of the sale. After months of tangling over child support, Britney Spears and Kevin Federline have reportedly come to an agreement. Not to mention the additional $35,000 per month for the boys clothing, extracurriculars, and other expenses. #JusticeForBritney pic.twitter.com/PaMXmBRI67, Britney Stan (@BritneyTheStan) August 7, 2022. Earlier today, Britney shared some pretty exciting news that shes expecting a third baby with her fianc Sam Asgharisomething she suspected upon returning from her trip to Maui. Suspicions aside, The Blast reported that child support was increased beyond its original rumored $20 000, but the exact amount has undisclosed, perhaps You've successfully subscribed to this newsletter! However, the drama continued in her personal life. 44 related questions found. The singles were panned by critics. According toTMZ, Spears has been paying Federline $20,000 a month in child support as well as their childrens tuition and school costs, clothing, extracurricular activities and many other expenses to the tune of nearly $35,000 per month but, Federline wants more. Our mission at STYLECASTER is to bring style to the people, and we only feature products we think youll love as much as we do. Im sad.. Sean was born approximately a year after Britney married her former backup dancer Kevin Federline in October 2004. In an interview with People in 2008, Britney explained that she and K-Fed planned to have a formal wedding a month later, but decided against it. From vegan to keto, which diet has the highest carbon footprint. Spears said, "I'm afraid to inform you guys, I'm not willing to see you until I feel valued.". Legal Statement. Jamie Spears was then appointed conservator of Britney, and a lawyer was designated as co-conservator of the estate to assist Britney's father in overseeing all of her financial matters. The source said that the pair's relationship had definitely become strained over the past year. Britney Spears filed for divorce from Kevin Federline in 2006 and their split was finalized in July 2007. He released his debut album, Playing With Fire, in 2006. BTS's 7 Members Were Discovered in the Most Unconventional Ways, The Ultimate Girl Power Anthem For You, According To Your Zodiac Sign, 16 Bachelor Secrets & Rules That Prove What Happens Behind the Scenes Is So Much Juicier, Sign up for Yahoo Lifes daily newsletter, Women who had ovarian cysts share their stories, A sugar replacement may be linked to heart attacks and strokes, but don't throw it out yet. The LP was also panned by critics. Everything just seemed so right. Britney has reportedly been paying Kevin $20,000 a month in child support as well as tuition and schooling, per TMZ. Well, according to Celebrity Net Worth, K-Fed is worth $1.5 million, which includes the settlement he received from Britney, as well as money he made from his music and acting career. RELATED: How Growing Up Changed Sean Preston Federline's Strained Relationship With His Mother, Britney Spears. In March, Kaplan confirmed to ET that his client wanted at least double the $20,000 a month he was previously gettinggiven Spearssuccess with her Las Vegas residency and worldwide tour, Britney: Piece of Me. "I'm not saying that I'm not happy for her,' explained Jayden in an interview with The Daily Mail. In March 2007, Britney and K-Fed reached an initial divorce settlement, but it wasnt until that July that their divorce was finalized and the former couple agreed to share custody of their kids. After their wedding, K-Fed and Britney moved into a home in Malibu, California, together. 'When Jamie took over [the convervatorship], things got into order. For more on their child support battle, watch the video below: How Britney Spears and Kevin Federline Went From Friendly Exes to Feuding (Exclusive), Kevin Federline Is Seeking Increase in Child Support From Britney Spears, Kevin Federline Celebrates 40th Birthday at Vegas Strip Club Amid Child Support Dispute With Britney Spears, By signing up, you agree to our According to court documents obtained by E! In March 2007, Britney and K-Fed reached an initial divorce settlement, but it wasnt until that July that their divorce was finalized and the former couple agreed to share custody of their kids. The new custody split has reportedly been in place since 2018, but was just finalized last week. In an interview with People in 2008, Britney explained that she and K-Fed planned to have a formal wedding a month later, but decided against it. Quite the contrary, just as celebrity divorce settlements are typically more on the expensive side (something Kelly Clarkson, Dr. Dre, and Harrison Ford know all too well! Britney's ex, Kevin Federline, currently holds 70 percent custody. This includes her strained relationship with her teenage sons. Per TMZ, the couple had a prenuptial agreement Sean and Jayden are 16 and 15, respectively. WebHow much does it cost for conservatorship? He released two singles, Yall Aint Ready and PopoZo, after his and Britneys wedding. It's puzzling why they're putting so much energy into fighting the disclosure of her finances but I'm not deterred. So how much is Kevin Federlines net worth? EARNINGS 2015 $30.5 Million. She invited several famous faces to round out the 100 guests. Powered and implemented by FactSet Digital Solutions. K-Fed debuted his next single, Lose Control, at the 2006 Teen Choice Awards. Market data provided by Factset. I didnt see it as too fast or too slow. In September 2004, three months after they started dating, K-Fed and Britney married in a surprise wedding in Studio City, California. While many fans were excited to hear the news of her nuptials, some were left wondering why her sons and family members weren't there. He and Spears reached their last official child support agreement in 2007 around the same time the singers financial assets were entered into a court-ordered conservatorship managed by her father, Jamie Spears. According to TMZ, K-Fed received $1.3 million in his settlement with Britney, as well as a child support agreement. or redistributed. Last year, Federline requested that Spears pay him $60,000 a month in child support, since he said he didn't make enough to support his children on his own. According to a source close to the negotiations, Spears has agreed to pay Federline thousands of more dollars a month in child support. K-Feds lawyer did, however, note that Sean Preston and Jayden James father is open to a change in custody once Britneys conservatorship ends. 2023byTango Publishing Corporation All Rights Reserved. In September 2019, K-Fed and Britney changed their custody agreement from 50/50 to 70/30. As her increasingly erratic behavior worsened, Jamie Spears, her father requested an emergency temporary conservatorship, which the court granted. I'm not going to hate her for that." Buy: A Mothers Gift by Britney & Lynne Spears $5.21. Dave Bautista Sent Hollywood A Clear Message Blatantly Turning Down A Franchise Worth $6 Billion. Britney Spears has been ordered to pay ex-husband Keven Federline $110,000 in their ongoing child support battle. Steve Granitz/WireImage and Mindy Small/FilmMagic, NOW WATCH: How Bollywood gave Britney Spears her greatest hit, Visit Insider's homepage for more stories, Kevin Federline is asking Britney Spears to pay him $60,000 a month in child support and people are telling him to 'get a real job', Britney Spears has reportedly entered a mental health facility after she told fans her father 'almost died', 'Don't come for me or the ones I love anymore': Jamie Lynn Spears slams critics as a conspiracy theory that Britney is being held against her will spreads, Britney Spears' manager said she may never perform again, but many of her fans say they don't trust him, Following a reported adjustment on their custody agreement, singer. Less than a year later, Britney was put under a conservatorship and her father, Jamie Spears, was named as the conservator over her $80 million estate. We just hit it off right away, K-Fed told People in 2008. Britney Spears Ordered To Pay Kevin Federline Over $100,000 In Child Support Battle The two have been at odds for months over child support for sons Sean He acted in 2004 movie You Got Served, as well as guest starred in a 2006 episode of CSI. In 2018, K-Fed asked to increase his child support rate, which Britneys conservator, her dad Jamie Spears, was against. Read more: Kevin Federline is asking Britney Spears to pay him $60,000 a month in child support and people are telling him to 'get a real job'. Just want to make sure that all of the considerations, how shes doing are taken into account if she seeks to change the custody order in the post-conservatorship era, if that ever comes.. Federline claimed in the documents that Spears earns in excess of $34,000,000 per year. Britney Spears Pays Kevin Federline $20,000 a Month in Child Britney Spears s custody settlement with her ex Kevin Federline, in which he retained sole custody of the couples two sons, came at a price. Their 2005 show, Britney and Kevin Chaotic, was a TV mini-series. Our eyes met and that was it. Britney Spears' ex-husband Kevin Federline wants her to pay him more child support raising her payments from $20,000 a month to $60,000, according to The Blast. Later the court ruled that the conservatorship becomes permanent and that was a heartbreaking moment for her fans, who had seen her struggles with mental health in public. We watched Green Book and he sat down and immediately started playing the blues.. He released his debut album, Playing With Fire, in 2006.