After Lisa Marie's death in 2023, Graceland and her trust were inherited by her daughters, Keough and Harper and Finley Lockwood, a representative for Graceland confirmed to People. Lisa Marie shared Riley with her ex-husband, Danny Keough, whom she divorced in 1994.
Following her death, a judge approved her eldest child Riley Keough to become the sole heir of her estate and the new owner of Graceland, ending a legal dispute over her will that her mother had brought into question. Priscilla Presley cried while remembering her late ex-husband, Elvis Presley.
A Los Angeles judge approved Riley Keough as the sole heir of her late mother Lisa Marie Presley's estate, settling a legal dispute that began shortly after her death in January at age 54.
In August 2023, after a series of legal proceedings regarding the custody of the estate, a Los Angeles, California, judge ruled that, as Lisa's eldest daughter and Evis Presley's granddaughter, Riley Keough would be the sole heir to the exclusive Graceland estate, which Elvis purchased for $102,500 in 1957.
The lawsuit names as defendants both the LLC and an individual identified as Kurt Naussany, whom it says has acted on the company's behalf by sending Keough's lawyers "numerous emails seeking to collect the purported $3.8 million debt and threatening to conduct a non-judicial sale of Graceland."
Court Documents Reveal Lisa Marie Presley's Financial Issues
Is Graceland under foreclosure?
“Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud,” Elvis Presley Enterprises Inc. said in a statement Monday to The (Memphis) Commercial Appeal, part of the USA TODAY Network.
The Memphis, Tenn. estate will be inherited by Lisa Marie Presley's three daughters—Riley Keough and Harper and Finley Lockwood—following her death at age 54, a representative for Graceland confirmed to E! News on Jan. 17.
Is Priscilla Presley trying to get Lisa Marie's money?
Judge Lynn Scaduto signed the agreement on Monday, confirming, among other things, that Priscilla, 78, will receive a $1 million lump-sum payment funded by Lisa Marie's $25 million life insurance policy, that her son Navarone Garibaldi will be a beneficiary of Lisa Marie's trust, and to the extent that she has the ...
How much is Lisa Marie Presley's kids going to inherit?
Lisa-Marie Presley's three daughters to inherit Graceland estate worth $718 million. Lisa Marie Presley's three daughters will inherit the $718 million estate once owned by Elvis after her sudden death last week. Lisa Marie Presley and daughters Riley Keough and Harper and Finley Lockwood. Picture: Instagram.
What is Priscilla Presley's net worth? Priscilla Presley's net worth is $50 million, according to Celebrity Net Worth. Following her divorce from Elvis, Presley opened a boutique in Los Angeles called Bis & Beau in 1973 with her friend and stylist Olivia Bis.
TMZ reported Sunday that the family is fine with the girls, Finley and Harper, living full-time with Lockwood, sources told TMZ. More important, the girls are comfortable with that arrangement and have been living with their father since their mother's sudden death on Jan. 12 from cardiac arrest.
Lisa Marie Presley struggled with her finances throughout much of her life. After her $100 million Elvis Presley estate inheritance was squandered away by bad business dealings and a shady manager, Lisa Marie found herself in debt to the tune of $4 million at the time of her death at the age of 54.
What was Lisa Marie Presley's net worth when she died? Somewhat shockingly, Lisa Marie Presley's net worth in 2023 was estimated to be $-16 million. Lisa Marie sold an 85% stake in Elvis Presley Enterprises to CKX, the same company that owned American Idol, in 2005, but the business venture failed.
Actress Riley Keough and her husband Ben Smith-Petersen became parents to a baby girl in August 2022, but the news didn't break until this past January, during the memorial service for her mother, Lisa Marie Presley.
When Elvis and Priscilla divorced in 1973 she was given a one off payment of $720.000 ( worth over 5million today ) she was also given spousal support and child support. Along with 5% of Elvis's Royalties..she also got half of the sale of their Californian home… when she was with Robert Kardashian who was a top lawyer.
“When Elvis died, he had one child, which was Lisa Marie — he wanted everything to go to Lisa Marie,” Melcher said. “Priscilla and Elvis were divorced and he made a conscious choice not to leave Priscilla in his will or estate.
In 2004, Lisa Marie sold 85% of Elvis Presley Enterprises' assets in a deal reportedly worth more than $100 million. She retained 15% ownership of Elvis Presley Enterprises, which manages operations for Graceland, its related properties and the Graceland Archives.
According to People, Lisa Marie's three daughters – actor Riley Keough, 33, and twins Harper and Finley Lockwood, 14 – will inherit Graceland in Memphis, Tennessee. She was the sole heir to her father's estate, which she assumed in 1980 after Elvis Presley's death in 1977.
