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Giving Up?? Jamie Lynn Spears DROPS Bid To Take Over Britney's Trust!

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Looks like Britney Spears’ finances won’t be a slave 4 Jamie Lynn Spears after all! As we reported, the Zoey 101 alum asked the court to give her control of the recourses stored in a trust fund set up for the Toxic singer’s children.

If her request was approved, it would have transferred the financial assets of the fund to “blocked accounts” with Fidelity Financial that Jamie Lynn controls, and would need a judge’s approval to release them.

But it appears the 29-year-old has since had a change of heart. According to court docs obtained by The Blast, the starlet informed the court she’s withdrawing her petition during a hearing this week.

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