{"id":284062,"date":"2023-08-05T01:35:58","date_gmt":"2023-08-05T06:35:58","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=284062"},"modified":"2023-08-05T01:37:42","modified_gmt":"2023-08-05T06:37:42","slug":"riley-keough-named-sole-heir-to-elvis-presleys-former-estate","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/riley-keough-named-sole-heir-to-elvis-presleys-former-estate\/","title":{"rendered":"Riley Keough Named Sole Trustee of Elvis Presley’s Former Estate"},"content":{"rendered":"

Riley Keough, the eldest of four grandchildren of Elvis Presley, was named the sole trustee of the estate of her late mother, Lisa Marie Presley. The appointment, announced on Sunday, officially settles a legal dispute between Keough and her grandmother, Priscilla Presley, who married Elvis in 1967 but divorced him four years before his 1977 death.<\/p>\n

\"\"
Riley Keough — star of the Amazon series “Daisy Jones & The Six” — is now the owner of Graceland. (Image: Getty)<\/figcaption><\/figure>\n

The appointment — approved by LA Superior Court Judge Lynn Healey Scaduto on Friday — makes Keough, 34, the sole heir to her late mother’s estate, which a Presley executive told Rolling Stone<\/em> magazine in 2020 was worth between $400 and $500 million.<\/p>\n

It also makes her the new owner of Graceland, Elvis\u2019 former mansion in Memphis, Tenn., which Lisa Marie inherited upon her famous father’s death in 1977.<\/p>\n

Lisa Marie, the only child of the late rock legend, was the sole beneficiary of a trust that included the Graceland and 15% of the lucrative Elvis Presley Enterprises. In 1993, she appointed her mother and then business manager, Barry Siegel, as co-trustees.<\/p>\n

Suspicious Mind<\/strong><\/h2>\n
\"\"
Priscilla Presley, Lisa Marie Presley, and Riley Keough attend a 2015 movie premiere. (Image: Time)<\/figcaption><\/figure>\n

A few weeks after Lisa Marie died suddenly in January at age 54, from what was later determined to be a small bowel obstruction caused by bariatric surgery, Priscilla filed a petition disputing a 2016 amendment to her daughter’s will. That amendment removed her and Siegel as trustees of the estate and replacing them with Lisa Marie\u2019s four children: Riley; her 14-year-old twin half-sisters Harper and Finely Lockwood; and Benjamin Keough, who died by suicide at age 27 in 2020.<\/p>\n

Priscilla\u2019s attorneys claimed she only became aware of the amendment after her daughter\u2019s death. They argued that the amendment was never delivered to their client during Lisa Marie\u2019s lifetime. And they argued that the amendment misspelled Priscilla\u2019s name, wasn\u2019t witnessed or notarized, and that \u201cLisa Marie\u2019s signature appears inconsistent with her usual and customary signature.\u201d<\/p>\n

In May, Riley, Priscilla, and Michael Lockwood — Harper and Finley\u2019s father and Lisa Marie\u2019s fourth husband before they divorced — privately settled their dispute, declining to reveal the specific details.<\/p>\n

Priscilla will serve as special adviser to what is now her granddaughter\u2019s estate, receiving a monthly stipend for her role. She will also be allowed to be buried at Graceland.<\/p>\n","protected":false},"excerpt":{"rendered":"

Riley Keough, the eldest of four grandchildren of Elvis Presley, was named the sole trustee of the estate of her late mother, Lisa Marie Presley. The appointment, announced on Sunday, officially settles a legal dispute between Keough and her grandmother, Priscilla Presley, who married Elvis in 1967 but divorced him four years before his 1977 […]<\/p>\n","protected":false},"author":78,"featured_media":284063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3313,81886],"tags":[84041,87391,87393,84528,86357,87392],"acf":[],"yoast_head":"\nRiley Keough Named Sole Trustee of Elvis Presley's Former Estate - Casino.org<\/title>\n<meta name=\"description\" content=\"Riley Keough, the eldest of four grandchildren of Elvis Presley, was named the sole trustee of the estate of her late mother, Lisa Marie Presley. 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