Priscilla Presley: She’s getting this from her daughter’s estate

According to the “New York Times”, Priscilla Presley (78) will receive one million US dollars from the estate of her daughter Lisa Marie Presley (1968-2023). She agreed to this out of court with her granddaughter Riley Keough (34), who is the trustee of her mother’s inheritance. Priscilla Presley initially contested this.

Priscilla Presley will also receive $400,000 in legal fees

It had already become known in May that the grandmother and her granddaughter had reached an agreement in the inheritance dispute. However, the exact details have so far remained confidential. According to the “New York Times” also reported that and quoted from the 95-page court documents. In addition to the million, Keough also paid her grandmother $400,000 in legal fees. This will be “concurrent with the payment of $1 million pursuant to Section 6 of this Agreement.” The amount is to be paid “within ten days of receipt of the life insurance proceeds”.

Riley Keough will be the sole trustee of her mother’s estate and trustee for her twin sisters, Harper and Finley Lockwood, 14. The three siblings share the inheritance. Her uncle Navarone Garibaldi (36), the half-brother of the deceased, receives a ninth.

Lisa Marie Presley was Elvis’ only daughter

Lisa Marie Presley died of heart failure on January 12, 2023. The only child of music legend Elvis (1935-1977) and Priscilla Presley was 54 years old. In her will she had designated her daughter as the administrator of the estate. In addition to owning Graceland, it is also about a 15 percent stake in Elvis Presley Enterprises. Priscilla Presley went to court against the will and thus against her granddaughter. She was married to Elvis from 1967 to 1973.