Spears, Federline finalize custody case

July 25, 2008 5:44:26 PM PDT
Britney Spears and Kevin Federline finalized their child-custody settlement Friday, including a $5,000-per-month increase in child support for the pop singer's ex-husband.An attorney for Federline delivered the terms of two separate agreements to Los Angeles Superior Court Commissioner Scott M. Gordon, who gave his approval late Friday afternoon.

According to the agreement dealing with finances, Spears' payments to Federline go from $15,000 to $20,000 per month, retroactive to July 15. Spears will also pay Federline's attorneys, Mark Vincent Kaplan and James Simon, a single payment of $250,000.

Last week, the parties said they had also come to terms on custody issues, granting the 26-year-old pop singer more time with her children, including additional overnight visits. The exact terms of that agreement were sealed by the court.

Spears' father, James, currently controls his daughter's financial and personal affairs as a court-appointed conservator. He signed off on the agreement on Spears' behalf.

A hearing on the conservatorship is scheduled for Thursday.


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