![]() Priscilla’s legal challenge argues that a 2016 change to Lisa Marie’s trust is suspect. In late January, Priscilla’s legal team filed paperwork in a Los Angeles court challenging the “authenticity and validity” of an amendment to her daughter’s trust that left Lisa Marie’s daughter Riley Keough as the sole trustee. Soon, control over Lisa Marie’s estate seemed like it was tearing them apart. They are profoundly grateful for the support, love and prayers of everyone, and ask for privacy during this very difficult time.” But as the weeks wore on, it seemed that sadness was the only thing tying Lisa Marie’s family members together. “She was the most passionate, strong and loving woman I have ever known.” In a statement from her family shared by Graceland’s management, surviving relatives said, “Priscilla Presley and the Presley family are shocked and devastated by the tragic death of their beloved Lisa Marie. “It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left us,” Priscilla Presley, her mother and Elvis’s ex-wife, told People. When Lisa Marie Presley, Elvis’s only child, died after experiencing cardiac arrest at her home on January 12, her family seemed unified in grief. The original story, published March 24, follows. The disagreement arose after the elder Presley disputed a 2016 amendment to her daughter’s will, which said the late Lisa Marie had removed her mother and former business manager, Barry Siegel, as co-trustees and replaced them with her children Riley and Benjamin Keough, the latter of whom later died in 2020. Specifics of the settlement were not discussed in court, and attorneys for both parties filed motions to seal the agreement, per CNN. Shamoun, Priscilla Presley’s attorney, told a Los Angeles judge on May 16, describing everyone in the family as “happy” and “united” after the hearing. ![]() “The parties would like to report that they’ve reached a settlement,” Ronson J. Update, May 16: Priscilla Presley reached a settlement over the dispute surrounding her late daughter, Lisa Marie Presley’s will, the Los Angeles Times reports. ![]() Keough will be the sole trustee, per the terms of the settlement, and agreed to retain Priscilla as a “special adviser.” If the Los Angeles Superior Court approves the agreement, it would mark the end of the Elvis estate’s trust issues. She agreed to pay as much as $400,000 in legal fees to Priscilla for costs related to the petition challenging who should inherit Lisa Marie’s trust. Keough, Lisa Marie’s daughter, settled the dispute for what appears to be $1 million dollars, according to court documents that the family attempted to keep private. Update, June 14: Riley Keough agreed to give Priscilla Presley a lump-sum payment as a part of a settlement over the late Lisa Marie Presley’s will and financial trust, the New York Times reports. Photo: Eric Charbonneau/Invision/AP/Shutterstock ![]()
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