Finally the fight for the inheritance of Lisa Marie Presley has come to an end, for the Los Angeles Superior Court approved settlement which was hosted by Riley Keough, daughter of the late singer, and by Priscilla Presley, Keough’s grandmother.
Keough was officially named as the sole trustee of her mother’s estate, who passed away on January 12 of this year. a few weeks ago too the forensic report that clarifies the cause of his death was shared.
It must be clarified that the 34-year-old girl and her grandmother, Priscilla, were fighting over the inheritance for months; however she was the daughter of Lisa Marie who became the owner of Gracelandthe Memphis mansion that belonged to Elvin Presley.
Among the agreements reached by grandmother-granddaughter, is permission to bury Priscilla next to Elvis in the Graceland Meditation Garden. It is known that at one point this request had been denied by Keough and his legal team.
‘Page Six’ shared an excerpt from a document written by the Los Angeles Superior Court judge: “The agreement is in the best interest of the minors Harper Lockwood and Finley Lockwood, and confirms that Michael Lockwood’s signature on their behalf, as Guardian Ad Litem, is valid and binding.”
In addition to the mansion, Keough also becomes the supervisor of her 14-year-old half-sisters’ sub-trusts.the twins Finley and Harper Lockwood, who are the result of the relationship between Lisa Marie Presley and Michael Lockwood.
The agreement also stipulates that Keough will pay over $1 million to his grandmother and $400,000 more for Priscilla to cover legal fees.
Keep reading:
• The house where Lisa Marie Presley lived before her death entered the real estate market
• The large Kirstie Alley mansion in Florida entered the real estate market
• Riley Keough shares photo of the last time she saw her mom Lisa Marie Presley
