Dwell
Priscilla Presley has challenged the “authenticity and validity” of an modification made to the desire of her late daughter Lisa Marie Presley.
Lisa Marie, the one daughter of rock’n’roll legend Elvis Presley, died on January 13 on the age of 54 after a suspected cardiac arrest.
She was the only real inheritor to Elvis’ fortune after his loss of life in 1977.
Lisa Marie gained entry to her father’s wealth – alongside together with his iconic Graceland property – when she turned 25 in 1993.
In an modification to her will in 2016, Lisa Marie had named two of her kids, Riley and Benjamin Keough, as co-trustees of her property.
Nevertheless, Benjamin’s loss of life by suicide in 2020 left his sister Riley the only real trustee. Lisa Marie additionally had two different daughters, 14-year-old twins Harper and Finley Lockwood.
On Monday (Australian time), it emerged that Priscilla had questioned particulars of her daughter’s will, alleging an modification in 2016 may have been solid.
Presley filed court docket paperwork within the Los Angeles Superior Court docket on January 27, through which she alleges that an modification to Lisa Marie’s will function an invalid signature.
Presley alleges that she and Lisa Marie’s former enterprise supervisor Barry Siegel had been initially named co-trustees. They had been eliminated in 2016 when Lisa Marie made her remaining amendments.
In her court docket submitting, Priscilla says her identify is misspelled within the 2016 modification, and alleges that Lisa Marie’s signature was not witnessed or notarised.
She additionally says Lisa Marie’s signature “seems inconsistent together with her ordinary and customary signature”.
In keeping with the phrases of the belief, Priscilla and all trustees have to be made conscious upon their removing from the desire. However Priscilla claims that she was by no means notified.
She has requested a decide to deem the 2016 modification invalid, and needs the 2010 belief reinstated, with herself and Siegel as trustees.
Whereas Siegel was as soon as hooked up to Lisa Marie’s will, it’s thought-about unlikely that she would have needed him to have any declare to her property.
They’d an extended skilled relationship, having labored collectively from 1993 till 2016.
Nevertheless, their relationship finally soured, with Lisa Marie suing Siegel in 2018 and accusing him of mismanaging her $100 million inheritance.
In her lawsuit, Lisa Marie claimed she had simply $14,000 left to her identify, together with $500,000 of debt.
In her court docket submitting, Priscilla mentioned she believed Siegel “has already or will quickly resign as a co-trustee of the belief.”
“Accordingly, in such occasion, Riley would change into a co-trustee with [Priscilla] with respect to the belief and all trusts created thereunder. However the foregoing, since Riley is over the age of 30, she could act as a co-trustee of her subtrust upon delivering a written instrument signed by her consenting to behave in such capability,” the submitting reads.
Ms Keough is but to handle the property battle.
Days after Lisa Marie’s loss of life, a Graceland consultant confirmed that Individuals that the property would go to Ms Keough and her twin sisters, Harper and Finley.
‘Darkish Journey’
Whereas Ms Keough stays tight-lipped on the small print of her mom’s will, the 33-year-old actor shared a touching tribute to Lisa Marie on Instagram.
She mentioned it was her remaining picture together with her mom.
“I really feel blessed to have a photograph of the final time I noticed my stunning mom. Grateful @georgieflores took this,” Riley wrote.
Days earlier, she had shared a sepia-toned picture from her childhood, a younger Ms Keough holding flowers whereas a smiling Lisa Marie appeared down on her.
On the identical day she submitted her court docket submitting, Priscilla opened up about grieving for her late daughter. She mentioned she was “actually overwhelmed” by the help she had acquired after Lisa Marie’s sudden loss of life.
“To YOU, I am actually overwhelmed together with your phrases, your prayers, your love and your help. Thanks from the underside of my coronary heart for making an attempt to assist me get by means of this loss,” she wrote.
“Each father or mother who has misplaced a daughter or son is aware of what a darkish painstaking journey it’s,” she mentioned, together with a broken-heart emoji.
