The legal dispute over Lisa Marie Presley’s estate has been resolved between Riley Keough, Lisa’s daughter, and Priscilla Presley, Lisa Marie’s mother and Elvis’ former wife.
The tragic heart arrest death of the singer and Elvis Presley’s only child occurred on January 12, 2023. Sadly, after Lisa Marie’s untimely death, the Presley family went through a lot of conflict.
The 2016 amendment to Lisa Marie’s last will and testament that gave Riley and her late brother Benjamin Keough control over the estate, according to The Hollywood Reporter, was challenged by Priscilla, according to a report published on January 26.
Lisa Marie’s signature on the document, which appeared to be unnotarized, was allegedly disputed by Elvis’ ex-wife Priscilla in addition to other irregularities. On May 16, the grandmother and granddaughter came to a settlement agreement for an undisclosed amount following months of legal disputes. The process of selecting a single person to serve as the trustee for “Lights Out” singer is currently underway.
Lisa Marie Presley’s estate will be administered by Riley Keough alone.
The dispute involving singer Lisa Marie Presley’s business issues has progressed in one more way. According to legal records obtained by Entertainment Tonight, Riley Keough officially took over as the sole trustee of her mother’s estate on June 12 along with the “sub-trusts” of Lisa Marie’s other two daughters, twins Harper and Finley Lockwood.
The “Daisy Jones and the Six” actress’s lawyer claimed in the document that she would not be paid a “trustee fee” by the estate, as Priscilla Presley allegedly would have been.
Priscilla will still play a small part in the settlement as the trustee of the sub-trust for Lisa Marie’s half-brother, Navarone Garibaldi, with the money coming from a “one-time” payment from Lisa Marie’s trust.
The Presley family is stronger than ever, and the legal snafu is behind them, according to Priscilla after her “request for document interpretation” regarding Lisa Marie’s trust was satisfied.
She declared, “I want to be clear that there was never any legal action taken against my lovely granddaughter, despite the fact that some media outlets characterized such a plea as a legal action. We appreciate that we were able to find a solution as a family. I sincerely hope that everyone will give my family and I some privacy so that we can properly mourn Lisa Marie.
