Riley Keough named inheritor of late mother Lisa Marie Presley’s property after authorized battle with grandmother
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Riley Keough — the daughter of the late Lisa Marie Presley — has been named sole trustee of her mother’s property after a authorized battle along with her grandmother, in accordance with experiences.
The transfer was permitted by Los Angeles Superior Court docket Decide Lynn Healey Scaduto throughout a listening to on Friday, Deadline reported.
Priscilla Presley, the ex-wife of Elvis Presley and Lisa Marie’s mom, had challenged the validity of her late daughter’s will in a petition filed in Los Angeles earlier this yr.
Riley’s grandmother claimed Lisa Marie’s signature on a 2016 modification appeared “inconsistent.” The modification had reportedly eliminated Priscilla and Lisa Marie’s former enterprise supervisor, Barry Siegel, as co-trustees and changed them with Lisa Marie’s eldest kids — Riley and Benjamin Keough.
Benjamin committed suicide in 2020.
Riley, 34, had earlier reached a settlement agreement over Lisa Marie’s belief with Priscilla and Michael Lockwood — Lisa Marie’s ex-husband and father of 14-year-old twins Harper and Finley Lockwood.
Priscilla and Riley had been reportedly not speaking through the tense authorized feud.
Riley will preside over her half-sisters’ sub trusts, in accordance with Deadline. Priscilla, 77, will probably be a particular adviser to the belief and will probably be paid month-to-month for her function.
Keough was additionally named proprietor of her grandfather’s well-known Graceland property in Tennessee. Priscilla will probably be allowed to be buried there as a part of the settlement.
Lisa Marie, who was Elvis’ solely little one, died at age 54 on Jan. 12 after affected by cardiac arrest. She was laid to relaxation subsequent to her son Benjamin in addition to her late father at Graceland.
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