By Jen Heger - Radar Legal Editor
Britney Spears’ triumphant return to receive the Michael Jackson Vanguard award at the MTV VMAs on Sunday night was bittersweet for the pop star, who has credited her father, Jamie Spears, with saving her life, RadarOnline.com is exclusively reporting.
Jamie became Britney's conservator almost three years ago, after a series of very public meltdowns by his troubled daughter, who has since turned her life around and is back on track and back on top.
"Britney now recognizes that if her father hadn't stepped in and taken the action that he had, well.... Britney is now crediting Jamie for saving her life," an insider tells RadarOnline.com. "Britney is on top of the world right now. She is getting ready for the next leg of her world tour, which will be on September 22 in Moscow. Her father will be with her for some of the European performances, along with her mom.
"Britney's relationship with her dad is in a very, very good place now. She was extremely emotional backstage before leaving for the VMAs and kept telling her daddy how much she loves him."
Three years ago, Britney had a now infamous and much ridiculed performance at the VMAs in which she appeared out of shape and unable to perform her signature dance moves.
"Britney always knew she would have a comeback. She just didn't know it was going to be on this level," the source reveals.
Meanwhile, there will be a routine hearing for Britney's conservatorship on Tuesday morning to deal with accounting issues. "After Britney's tour concludes, which will be at the end of this year, her doctors and advisers are going to meet and confer about how much longer the conservatorship should go on for," the source tells RadarOnline.com.
"There is a very good chance that a decision could be made to pull the plug in early 2012.
"It's likely that Britney's business affairs will still remain under control of the conservatorship though, even if they determine that she no longer needs it for herself personally. The idea is that this will be a gradual transition for Britney to return to her life, on her own."
Britney might also have another reason to celebrate in the new year.
"Jason (Trawick) is very, very serious about Britney," the source shares. "Jason has made it known that he wants to marry Britney. It's just a matter of timing of the engagement -- and if the conservatorship is lifted off Britney personally, well, it makes it a lot easier for Jason to propose. He doesn't want her to feel pressured, it will happen when the time is right."