Priscilla Presley settles Lisa Marie trust dispute
Priscilla Presley has settled the dispute over her late daughter Lisa Marie Presley’s belief — and is reportedly strolling away with a hefty sum of cash.
“The events want to report that they’ve reached a settlement,” legal professional Ronson J. Shamoun, who represents Elvis Presley’s ex-wife, stated Tuesday at a courtroom listening to in Los Angeles.
Whereas the small print of the settlement weren’t disclosed in courtroom — and each events plan to file a movement to seal the settlement — TMZ reported that Priscilla was awarded “thousands and thousands.”
Reps and attorneys for each Priscilla and her granddaughter Riley Keough, who’s the official beneficiary of Lisa Marie’s Promenade Belief, didn’t instantly return Web page Six’s requests for remark or affirmation on the quantity.
Nevertheless, Shamoun instructed reporters exterior courtroom, “The households are comfortable. Everyone seems to be comfortable, unified, collectively and excited for the longer term.”
Keough’s lawyer Justin Gold reiterated to CNN that his consumer is “very content material.”
The choose requested for the settlement and the movement to seal to be filed by June 12 and set one other listening to within the case for Aug. 4.
The decision comes after months of alleged familial tensions behind closed doorways.
In January, Priscilla, 77, contested her late daughter’s will, claiming {that a} “purported 2016 modification,” which ousted her and enterprise supervisor Barry Siegel as trustees, was not reliable.
The businesswoman argued on the time that Lisa Marie’s signature appeared “inconsistent together with her ordinary and customary signature” and that the “Lights Out” singer’s identify had even been misspelled.
Riley, 33, and her brother, Benjamin Keough, had been named as beneficiaries of the belief, however the latter died by suicide in July 2020, leaving the “Daisy Jones & The Six” star as the only real residing inheritor.
A pal of Lisa Marie beforehand instructed Web page Six that Priscilla’s efforts were a “money grab.”
Nevertheless, Priscilla claimed to us that she was doing her finest to keep their family “together.”
“From the primary second I held Lisa in my arms, I’ve protected, liked and guided her, as I’ve my son,” she added in February.
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“Our hearts are damaged, and I’m having to study to dwell with out my solely daughter.”
Regardless of Priscilla’s vow of unity, a supply later instructed Web page Six that the Elvis Presley Enterprises co-founder and her granddaughter were not on speaking terms.
“Riley and Priscilla will not be speaking,” the insider insisted. “Their relationship is altering, that’s true. … It’s simply so unhappy. That is the time Riley would really want her grandmother.”
Lisa Marie died on Jan. 12 after going into cardiac arrest. She was 54.
Other than Riley, the singer-songwriter is survived by her 14-year-old twin daughters, Vivienne and Finley, who are actually in the custody of their father, Michael Lockwood.
