Priscilla Presley has finally reached a settlement over a legal dispute with granddaughter Riley Keough.
Elvis Presley’s ex-wife was warring with her granddaughter over her daughter Lisa Marie’s trust, which includes the Graceland mansion and a stake in Elvis Presley Enterprises.
Priscilla initially challenged an amendment to the trust which eliminated Priscilla and Lisa Marie’s former business manager Barry Siegel, leaving Riley as the sole trustee.
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Priscilla argued that the amendment was not valid – claiming it was never delivered to her, misspelled her name and had a suspicious date.
(Image: Getty Images)
She also claimed Lisa Marie’s signature appeared “inconsistent with her usual and customary signature”.
Now, however, a settlement has been reached – and Lisa Marie’s estate is thought to have paid out an undisclosed sum thought to be “in the millions” to Priscilla, according to TMZ.
Attorney Ronson J. Shamoun announced in a Los Angeles court on Tuesday: “The parties would like to report that they’ve reached a settlement.”
(Image: Corbis via Getty Images)
Priscilla told Page Six in a statement: “My family has resolved all confusion as it relates to our plea to the court and request for document interpretation after my daughter Lisa Marie’s untimely passing.
“I want to make clear that there was never any lawsuit filed against my beloved granddaughter. As a family, we are pleased that we resolved this together.
“My family and I hope that everyone will grant us the privacy we have needed to properly grieve Lisa Marie and spend personal time together. We love and appreciate all of you and the Presley family is stronger than ever.”
(Image: Michael Ochs Archives)
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The family is thought to be “very content” with how the settlement was reached.
Lisa Marie Presley sadly died aged just 54 in January 2023. Emergency services were called to her home when a housekeeper found her unresponsive in her bedroom, with her ex-husband performing CPR until paramedics arrived.
Lisa Marie suffered a cardiac arrest and was announced brain-dead by the time she got to the hospital, where she suffered a second cardiac arrest and was pronounced dead.
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Source: Celebrities - dailystar.co.uk
