Lawyer Says Brit Worth $40 Million

The following italicized article is from www.tmz.com:

TMZ is in the courtroom where attorney Adam Streisand just asked the court commissioner to 86 Jamie Spears as conservator of Brit's estate.

Streisand said Brit's estate is worth $40 million. He also said Brit is in the middle of a $17 million IRS audit and she has 15 different businesses.

Streisand asked that the Commissioner name Northern Trust Bank and Howard Grossman, Brit's business manager, as conservators.

Here's the rub-- the Commish wasn't convinced that Streisand, the second cousin of Babs, was properly retained by Britney. So far, no decisions have been made.

Source: TMZ