Britney Spears. Picture: Instagram

Britney Spears' finances could soon be back in her control as her father is reportedly in talks to have her conservatorship removed.

The 'Piece of Me' singer's assets have been supervised by her father Jamie Spears and her lawyer since her public breakdown in 2008, but insiders say her 65-year-old parent is in talks to have it lifted.

READ: Britney Spears' dad wants Kevin Federline's tax records

A source told Us Weekly magazine: "Jamie is actively consulting with Britney's medical team to determine if the conservatorship of Britney as the person should finally come to an end. It's just a question of timing as she is about to begin the tour, so the thinking is to do it at the conclusion."

It comes after a source said Britney is ready to "take control" of her life again. 

They said: "She is feeling confident enough to take control of her life again. The progress Britney has made just in the last several years has been tremendous. Britney has been told by her advisers that the best chance of [the conservatorship] being lifted is if her co-conservators and doctors believe it's in her best interest." 

The 36-year-old singer - who has sons Sean, 12, and Jayden, 11, with ex-husband Kevin Federline - will embark on a world tour in July and is hoping the concert series will act as further proof of her strong mental state. 

The source said: "It's Britney's hope that after the tour, Jamie will agree to have a discussion about ending the conservatorship of her as a person." 

As time has passed since the 'Toxic' hitmaker's well-publicised problems, she's been given increasing freedom from her conservatorship, with Jamie having moved out of her house "years ago", but she'd be happy to still allow her dad to retain a hand in her affairs. 

The insider added: "Britney doesn't have an issue with her dad continuing to oversee her estate and finances. 

"She wants the conservatorship of her as a person to come to an end so she has the freedom to make her own decisions." 

Meanwhile, it was recently revealed that Kevin - who was married to Britney from 2004 to 2007- is to seek an increase in child support payments from Britney.

The 'Toxic' hitmaker - who makes a reported $475,000 a show from her Las Vegas residency - currently pays Kevin $20,000-a-month for their sons Sean Preston, 12, and 11-year-old Jayden, an agreement based on a percentage of her income at the time the deal was made, but the dancer's lawyer, Mark Vincent Kaplan, sent a letter to the star earlier this month asking to open up discussions regarding the payment.

A source told E! News: "Kevin is trying to voluntarily revisit a modification of the existing child support number, given that the kids are older and the financial circumstances of the parties are significantly different than when the child support was originally resolved. A letter asking to meet and confer on the issue was sent to Britney's representative."