Riley Keough Will Become The Sole Trustee Of Her Late Mother’s Estate After Settling With Priscilla Presley For $1.4 Million
Usually, when someone passes, their loved ones experience the five stages of grief- denial, anger, bargaining, depression, and acceptance. But in the Presley family, there’s a six stage: fighting over money! This went down straight after Lisa Marie Presley’s unexpected passing from cardiac arrest, leaving her mother, Priscilla Presley, and her daughter Riley Keough battling it out in court for control over LM’s trust. But a few weeks ago, word broke out that the two reached the seventh stage of Presley grief- a settlement! And now, legal docs show that Riley petitioned the court to approve the settlement and make her the sole trustee.
A quick minute after Lisa Marie Presley died earlier this year, her mother, Priscilla Presley, lawyered up and began a legal fight against Lisa Marie’s eldest daughter Riley Keough. What was the fight over? MONAY, of course. Because who doesn’t want to add a layer of “fighting with my granddaughter over money from her recently passed mother’s estate?” to grieving and mourning? Priscilla challenged a change that Lisa Marie made to her will before her death. But before this legal fight could get really messy, both sides have agreed to settle.
The decidedly unhip British Invasion 2.0 continues apace with The Sun reporting that since she and her free-loading, no-rent paying roommate/ex-husband Prince Andrew got booted out of their Royal Lodge by his brother King Charles III, Sarah Ferguson aka Original Fergie, has been nosing around on this side of the pond, and has already “struck up a close friendship with” a “mysterious Texan billionaire” while “networking in the US.” And Fergie’s next conquest might take place at this Sunday’s Oscars ceremony. The Sun reports that Fergie may even take the stage to hand out an award based on her “very close” friendship with the Presley family, recently-deceased Lisa Marie Presley in particular. My, my, my; m’lady sure does get around!
Priscilla Presley Is Contesting An Amendment Made To A Trust For Lisa Marie Presley’s Kids Following A Big Life Insurance Payout
As we know, the last few years of Lisa Marie Presley‘s life were marked by tragedy and struggle. Right up to the bitter end and, apparently, beyond. Even though she had cause for celebration earlier this month following the success of Baz Luhman’s Elvis at the Golden Globes, that celebration was cut short two days later when she died unexpectedly following a cardiac event. Now, even in death, it seems the ghosts of her past are determined to fuck with her in the afterlife by pitting her mother, Priscilla Presley, and her daughter Riley Keough, against each other for control of a soon-be-be flush trust fund set up for her now 14-year-old twin daughters back in 2010, thanks to a pair of life insurance policies. TMZ reports that Priscilla is contesting a possible “fraudulent” 2016 amendment to the trust, which names Riley (as well as her brother Benjamin Keough who sadly died by suicide in 2020) as trustees, overriding the initial trustees, Priscilla and Barry Sigel. Barry was Lisa Marie’s former business manager, who she sued in 2018 for allegedly mismanaging her funds and causing her to be $16 million in debt.
Earlier today, Lisa Marie Presley went into cardiac arrest at her home in Calabasas, CA, and was taken to the hospital. Lisa Marie’s mother, Priscilla Presley, asked for prayers, and I was hoping that she’d pull through. But tragically, Lisa Marie died has died at 54. Priscilla confirmed the news in this statement:
“It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left u. She was the most passionate strong and loving woman I have ever known. We ask for privacy as we try to deal with this profound loss. Thank you for the love and prayers. At this time there will be no further comment.”
UPDATE: Priscilla Presley just gave the worst possible news and announced that Lisa Marie Presley has died at 54:
“It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left us. She was the most passionate strong and loving woman I have ever known. We ask for privacy as we try to deal with this profound loss. Thank you for the love and prayers. At this time there will be no further comment.”
A full obit is coming shortly. Below is the original post:
2023, STOP! TMZ and Deadline both report that 54-year-old Lisa Marie Presley has been hospitalized in Los Angeles after she went into full cardiac arrest at her home this morning and had to be revived with CPR and epinephrine. Lisa Marie is currently being treated at the hospital, but her condition isn’t known right now. It was just two nights ago when Lisa Marie and her mother, Priscilla Presley, watched Austin Butler win the Golden Globe for playing her dad Elvis. Priscilla is reportedly at the hospital with her.