Priscilla Presley Gets Millions in Elvis Money in Settlement with Lisa Marie Trust

Priscilla Presley, ex of the belatedly Elvis Presley, has settled a difference of opinion with her own granddaughter, James Whitcomb Riley Keough, over the tardily Lisa Marie Presley’s will. According to TMZ, a settlement “in the millions” was struck past sound teams representing Elvis Presley and Keough inward an LA courthouse auditory modality on Tuesday.

Lisa Marie, the only if tike of the tardily sway legend, was the resole beneficiary of a combine that included the Graceland residence and 15% of the moneymaking Elvis Elvis Aron Presley Enterprises. In 1993, she appointed her female parent and then business organisation manager, Barry Siegel, as co-trustees.

When Lisa Marie died all of a sudden of cardiac arrest on Jan 12 at age 54, Priscilla, who divorced Elvis foursome years before his 1977 death, said she discovered a 2016 amendment to the combine removing both her and Siegel and replacing them with Lisa Marie’s eldest children, James Whitcomb Riley Keough, 33, and Benjamin Keough, who died inward 2020 at eld 27.

Lisa Marie fired Siegel inward 2018, suing him for alleged financial misdirection that left hand her more than $16 gazillion in debt that year, according to the LA Times. Siegel countersued, accusing Elvis Presley of owing him money.

Suspicious Mind

Following Lisa Marie’s funeral inwards January, Priscilla challenged the validity of the trust’s 2016 amendment inward court. Her filing claimed it wasn’t made past her daughter, since the signature tune didn’t fit Lisa Marie’s and was neither witnessed nor notarized. She also claimed the amended trustingness wasn’t delivered to her piece her girl was alive, as the trustingness required, and that it even misspelled Priscilla’s number 1 name.

The families are happy,” Priscilla’s attorney, Ronson J. Shamoun, told reporters exterior the courthouse. “Everyone is happy, unified, together, and excited for the future.” Justin Gold, attorney for Keough, told CNN her client “is really content.”

Attorneys for both parties said they design to single file a movement to stamp the closure agreement. Their deadline to get along that is June 12.