The parents of former Nickelodeon star Amanda Bynes are giving up conservatorship of their daughter, planning to hand it over to a mental health specialist, reports TMZ.com.

“Sources familiar with the case tell TMZ … Amanda will now be under the thumb of a mental health professional who specializes in handling people with severe mental illnesses. Her parents will ask the judge to transfer conservatorship powers to that person,” the story reports.

Her parents also plan to give control of Bynes’ financial matters to a third party, possibly a money manager, the story adds. They plan to move from California to Texas to be closer to their older daughter.

“Both parents are saying they know they’ve struck out with Amanda and don’t have what it takes to effectively control her. They’re hoping once someone else controls Amanda’s finances, she’ll stop lashing out at them and they can have a relationship … even though it will be long distance,” the article adds.

Amanda Bynes