Riley Keough and Lisa Marie Presley. Steve Cohn/Shutterstock
Almost three months after Riley Keough settled her courtroom battle over late mom Lisa Marie Presley’s property, the actress has been named the only real trustee, based on a number of stories.
The 33-year-old Daisy Jones and the Six star’s appointment was accredited by Los Angeles Superior Courtroom Decide Lynn Healey Scaduto on Friday, August 4, based on courtroom paperwork obtained by Deadline. The brand new ruling additionally permits Keough, whom Lisa Marie shared with ex-husband Danny Keough, to preside over the sub-trusts for her twin sisters, Harper and Finley. (Lisa Marie coparented the 14-year-old twins along with her ex-husband Michael Lockwood.) Riley additionally retains sole possession of her grandfather Elvis Presley’s Graceland property, which Lisa Marie inherited following his 1977 demise.
Lisa Marie — who additionally shared son Benjamin, who died by suicide in July 2020, with Danny, 58 — died in January on the age of 54 after struggling cardiac arrest. Weeks after the emotional memorial service at Graceland, Lisa Marie’s mom, Priscilla Presley, contested her solely daughter’s will. Priscilla, 78, who shared Lisa Marie with ex-husband Elvis, claimed {that a} 2016 modification that changed her because the trustee in favor of Riley and Benjamin was solid. The Dallas alum alleged that the brand new paperwork weren’t witnessed or notarized.
Whereas Riley didn’t deal with the authorized battle or Priscilla’s claims, Us Weekly confirmed in Might that they settled the case. The 2 ladies had agreed to make Riley the only real trustee of Lisa Marie’s property with the twins serving as sub-trustees. Per the phrases, Priscilla would obtain a one-time lump sum of $1 million from the account.
“Riley and Priscilla are at peace of their relationship after the very annoying ordeal over Lisa Marie’s belief and property,” a supply solely advised Us later that month. “There was lots of forwards and backwards, however they reached a center floor that makes them each comfortable.”
Priscilla, for her half, launched an announcement following the settlement. “My household has resolved all confusion because it pertains to our plea to the courtroom and request for doc interpretation after my daughter Lisa Marie’s premature passing,” she advised Leisure Tonight. “Though some media recognized such a plea as a lawsuit, I need to clarify that there was by no means any lawsuit filed in opposition to my beloved granddaughter. As a household, we’re happy that we resolved this collectively.”
One month later, Priscilla and Riley — who welcomed a child lady in 2022 with husband Ben Smith-Petersen — reunited to rejoice Harper and Finley finishing center college. “Completely satisfied Commencement women! You’re now in highschool!!! ❤️❤️,” Priscilla gushed through Instagram in June, sharing a pic of the foursome.
