Priscilla Presley, Lisa Marie’s mother, Elvis’ ex-wife, and Riley Keough, her daughter, Lisa’s daughter, have settled their court dispute over Lisa Marie Presley’s estate.
On January 12, 2023, the singer and Elvis Presley’s sole child tragically died from heart arrest. Sadly, the Presley family endured a lot of strife after Lisa Marie’s untimely passing.
The Hollywood Reporter reported on January 26 that Priscilla had petitioned to invalidate a 2016 change to Lisa Marie’s last will that had given Riley and her deceased brother Benjamin Keough control over the estate.
In addition to other anomalies, Elvis’ ex-wife Priscilla allegedly disputed Lisa Marie’s signature on the paper, which appeared to be unnotarized. After months of legal battles, the grandma and granddaughter reached a settlement agreement for an undisclosed sum on May 16. A single name is currently in the process of becoming the singer of “Lights Out”‘s trustee.
Riley Keough to be the sole trustee of Lisa Marie Presley’s estate.
One more step has been taken toward resolving the conflict involving singer Lisa Marie Presley’s business issues. Riley Keough, along with the “sub-trusts” of Lisa Marie’s other two daughters, twins Harper and Finley Lockwood, legally became the sole trustee of her mother’s estate on June 12, according to legal documents obtained by Entertainment Tonight.
In the filing, the attorney for the “Daisy Jones and the Six” actress stated that she would not receive a “trustee fee” from the estate, as Priscilla Presley purportedly would have.
As the person in charge of the sub-trust for Lisa Marie’s half-brother, Navarone Garibaldi, Priscilla will still have a limited role in the settlement, coming from a “one-time” payment from Lisa Marie’s trust.
After resolving her “request for document interpretation” on Lisa Marie’s trust, Priscilla told Entertainment Tonight that “the Presley family is stronger than ever” and that the legal snafu was behind them.
She stated, “I want to make clear that there was never any lawsuit against my beautiful granddaughter, even though certain media classified such a plea as a lawsuit. We are happy that we were able to solve this as a family. I hope everyone will give my family and me the space to properly mourn Lisa Marie and be with each other privately.