/ 01 February 2023

Presley’s estate drama all shook up

Image source: Wikimedia Commons
Image source: Wikimedia Commons

Lisa Marie Presley’s sudden death a couple of weeks ago was a shock to her family – and now her mother Priscilla has started legal action to contest how her estate is managed. Lisa Marie was the sole heir of ‘The King’ Elvis Presley’s fortune after he died in 1977 – reports say at one point, the estate was worth upwards of US$100 million after his ex-wife Priscilla turned the Graceland mansion into a tourist destination. When she died at 54yo on 13 January, Lisa Marie left the estate to daughter Riley and son Benjamin, who died in 2020. Priscilla and Lisa Marie’s former business manager were the original co-trustees, but they were removed in 2016 without their knowledge. Priscilla is now contesting that amendment, alleging something fishy has happened. Lisa Marie was buried at Graceland last week, and the cause of her death is still being investigated by the Los Angeles County Coroner.

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