The Financial Downfall Of The Presley Family Explained

Following the death of Lisa Marie Presley, there was a lot of talk about what her three daughters would inherit. Per The Hollywood Reporter, Lisa Marie had very little left of what she inherited from her father’s estate. Even so, the outlet explained, her living children would likely inherit the rights to Graceland, things that belonged to Presley, and his music/film property rights. But how the estate of Lisa Marie would be divided created division within the family. 

Lisa Marie’s eldest daughter, Riley Keough, came into a dispute with Priscilla Presley over estate rights, which reached a conclusion in November 2023. A judge ruled that Priscilla would receive a million dollars out of Lisa Marie’s life insurance and that she could be buried next to Elvis upon her death, reported People. The outlet notes that in addition to the million-dollar lump sum payment, Priscilla would receive $100,000 per year for ten years or until her death to act as a special advisor for Elvis Presley Enterprises. 

In May 2023, as the dispute was still ongoing but reaching some conclusion, an insider told Us Weekly about how the two women were faring. “Riley and Priscilla are at peace in their relationship after the very stressful ordeal over Lisa Marie’s trust and estate,” the insider told the outlet. “There was a lot of back and forth, but they reached a middle ground that makes them both happy.”

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