Only eight days have passed since Lisa Marie Presley said goodbye to the world at a huge funeral held in Graceland (Memphis, Tennessee, USA) after her sudden death on January 12 at the age of 54 due to unemployment. Elvis Presley’s daughter was buried at the famed estate alongside her father, her grandparents and her son Benjamin, who committed suicide in July 2020 at the age of 27. The singer’s mother, Priscilla Presley, was in charge of presiding over the ceremony, in which she took the opportunity to thank the expressions of affection she had received and to dedicate a farewell speech to her daughter: “She knew the end was near. Survivor’s guilt, some would say. But he died because he was heartbroken. Her spirit will always be with me,” he said at the funeral, held on Sunday, January 22. Lisa Marie Presley was last seen in public during the Golden Globes.
And amid the mourning, new unknowns have come to light that could blow up the familial relationship between Priscilla Presley and her granddaughters, Riley Keough, 33, Lisa Marie’s relationship with Danny Keough and the 14 resulting twins Harley and Finley, Michael Born from his marriage to Lockwood. What will happen to Elvis Presley’s only daughter’s will and inheritance? At the moment, the only thing known is that Graceland, the iconic residence of the King of Rock worth $500 million, will become the property of Lisa Marie’s three daughters. But everything is not going to be that smooth, as reported by various media. page sixET Canada hey tmzPriscilla has challenged the will left by her daughter in 2016 alleging alleged irregularities in the documents.
It seems likely that Riley will be the one who benefits most from the will, as her mother may have left her in charge of managing all of her assets and finances. Up until the day of Lisa Marie’s death, Priscilla was in charge of all of these matters, so the decision to leave everything to her granddaughter must not have gone down well with Elvis Presley’s widow. As reported by North American media, he has already submitted the necessary documents to challenge his daughter’s last will, dated 2016 and in which he excluded her as executor of her estate.
Priscilla may have asked the judge to determine the validity of an amendment to her daughter’s will, of which there was no record until now, and in which she names Benjamin and Riley Keough as executors of her estate. But after the death of Lisa Marie’s only son in the year 2020, now her elder daughter is going to take over this responsibility. In the first will made by the singer in 1993, she pointed to her mother and businessman Barry Siegel as being in charge of controlling the expenses of the great fortune that her father had left her after his death in 1977.
It would go through two amendments: the first in 2010, when Lisa Marie executed a Revocable Living Trust. That is to say, to point to someone as the manager of one’s destiny which can be changed at any time while one is alive. The second would be in 2016, in which Siegel was removed from the trust after accusing him of ruining it and leaving barely any money in his accounts. And at the same time it also ended the power of his mother.
However, Priscilla is suspicious of the legality of this change. According to legal documents that some media have access to, they have expressed “a number of issues regarding the authenticity of the signature and the validity of the 2016 amendment.” According to the singer’s mother, in addition to pointing out the misspelling when writing her name, the signature seems “inconsistent with her usual signature”. In addition to these issues, Priscilla claims she was never notified of this change or given a written notice as required by the terms of the trust. Elvis’ widow plans to continue as manager with her granddaughter, Riley Keough.