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There is an ongoing dispute over Lisa Mary Presley’s will. The contrast involves her mother, Priscilla (ex-wife of Elvis Presley), and Lisa Marie’s daughter, Riley Keough.
Priscilla was originally one of the trustees but was removed in a will amendment in 2016. Since then the heirs are Riley and brother Benjamin Keough, who however committed suicide in 2020. Riley is therefore left the sole recipient of her maternal estate from 35 million dollars, but the grandmother does not agree.
According to US media reports, the 77-year-old grandmother is arguing with her 33-year-old granddaughter over her late daughter’s will after singer Lisa Mary Presley cut it off leaving Riley as the sole heir.
Riley has the keys to Graceland, Grandma Priscilla doesn’t
A source told Radar Online that only Riley and Angie Marchese – vice president of archives and exhibits at the Graceland estate in Memphis – have keys to the residence and that the locks have been changed “on the upstairs doors and archives” to prevent entry Priscilla.
Priscilla was originally part of the will, but in 2016, that changed
Priscilla is the mother of Lisa Marie. She had her daughter Elvis, to whom she was married from 1967 to 1973. She was originally one of the trustees of her daughter’s will, however she was later ousted in 2016 in an amendment to her daughter’s will. she.
In that year, therefore, her two children were designated as the sole heirs of Lisa Marie Presley’s estate: Riley and her brother Benjamin Keough.
However, the latter committed suicide in 2020 at the age of 27, thus leaving his sister as the sole recipient of his mother’s estate.
Priscilla Presley contests will amendment
But Grandma Priscilla doesn’t agree: she doesn’t like the fact that her niece Riley is the sole recipient of her daughter’s estate, so she contests the amendment to the will.
According to US media, Lisa Marie’s ex-husband Michael Lockwood is allegedly on Priscilla’s side. Lockwood sides against Riley Keough probably for one reason: he is the father of two other daughters of Lisa Marie Presley, two 14-year-old twins that the woman had from him, her fourth husband from whom she divorced in 2021. Yet to the two daughters Michael Lockwood is entitled to nothing, according to the will.
It is likely that grandmother and niece (and perhaps even stepsisters) will soon meet in court to discuss the matter at a legal level.
Already last January Priscilla had expressed her grievances. It should be noted that she was unaware of the 2016 amendment. This provision is the one that removed her from the management of the assets of the only daughter of the king of rock ‘n roll, who died of a cardiac arrest on January 12 at the age of 54.
A few weeks ago Elvis’ widow claimed in court in Los Angeles that after the death of Lisa Marie discovered a document seeking to remove her and former business manager Barry Siegel as co-trustees of a whole range of her daughter’s estates and finances. “In the document, the mother’s name was written with an error and her signature was not the usual one,” the 77-year-old’s lawyers said in Los Angeles Superior Court. Lawyers say Priscilla only learned of her amendment after her daughter’s death. Her removal from the role of administrator means that the woman no longer has any role in the division of her daughter’s assets. At the time, the amount of Lisa Marie’s inheritance (which we now know to be $35 million) was not yet known. According to the media, Elvis’ heir would have squandered almost all the money received from his father (and in fact 35 million dollars is not that much, if you are the daughter of one of the most famous characters in the history of mankind, the king of rock ‘n roll).
Source-tg24.sky.it