Britney Spears "More Than Ready" to Take Care of Herself?

Britney Spears, Jason Trawick Flynet Pictures

Britney Spears may be master of her own domain again by the end of the year.

While lawyers kept mum on the details after spending more than two hours in judge's chambers this afternoon, a source close to the Circus attraction tells E! News that the court is gearing up to end Britney's conservatorship, in place since February 2008.

"Everyone involved believes she has the necessary proof that she is competent to be in charge of her affairs," says the source, and "she's more than ready."

But while the consensus appears to be that the 28-year-old divorced mother of two deserves to hold her own purse strings once again, new tawdry lawsuit hurt her chances?

"One has nothing to do with the other," attorney Andrew Wallet, who's been overseeing Britney's affairs along with her dad Jamie Spears, tells E! News, referring to the sexual harassment suit filed by Britney's former bodyguard, who also claimed he witnessed her being abusive to her children.

Spears' legal camp has thumbed its nose at the allegations, and today conservatorship attorney Geraldine Wyle told E! that the singer is doing extremely well. (Neither Britney nor her pops was in court today.)

"She went on a wonderful vacation and is doing great things with her kids," Wyle says.

Britney & Co. celebrated 4-year-old Jayden's and 5-year-old Sean's birthdays at Disneyland over the weekend.

"I can't believe my boys are getting so big!" she tweeted yesterday.

As far as todays' closed hearing went, Britney's court-appointed lawyer Samuel Ingham did confirm that he requested permission for the pop star's bond holdings to be reduced from $25 million to $5 million.

The assets of the conservatorship are stable, he explained, but all money matters, including fund transfers between accounts, require the court's approval. L.A. Superior Court Commissioner Reva Goetz has been overseeing the case since Day 1.

Speaking of money matters, Britney's Beverly Hills home, where all the ambulance-and-cop craziness went down in '08, is still on the market after more than two years. The asking price has dropped more than $3 million since and now all that luxe lore can be yours for $4.85 million.

Another hearing to address more Spears-centric issues was set for Sept. 30.


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