Plans For Graceland Come To Light Following Lisa Marie Presley's Tragic Death

Lisa Marie Presley, who was married four times in her life, left behind three children. According to People, Presley’s daughters,  Riley Keough, Finley Lockwood, and Harper Lockwood,  are set to inherit Graceland, which is currently in a trust. At this time, Keough, who is 33, is the Presleys’ only living adult child while Finley and Harper are 14-year-old twins. It’s unclear how exactly Lisa’s assets will be distributed among Presley’s daughters, or just what they’ll receive.

According to Celebrity Net Worth, Presley had a negative $10 million net worth when she died. Presley’s financial status, was, in part, impacted by her spending habits, which allegedly neared $100,000 a month on top of her $1 million IRS debt, per the New York Post. Likewise, The Sun reports that Presley owed at least an additional $3 million to various creditors, news which surfaced following a custody war with her ex-husband, Michael Lockwood. 

In the meantime, Presley’s children are leaning on each other during their time of mourning, per TMZ, although her twins have understandably refused to spend time in the house where Presley first suffered her medical emergency. Instead, they are spending time with their big sister at one of their mother’s other properties. We wish the Presley family the best during this tragic time.

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