Priscilla Presley & Riley Keough Settle Dispute Over Lisa Marie’s Trust
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A Battle Ensues Between Lisa Marie’s Mom & Daughter Following Her January 12th Death
Shortly after Lisa Marie Presley died on January 12 at the age of 54, lawyers for her mother, Priscilla, filed a petition questioning the “authenticity and validity” of an amendment made to her living trust in 2016. This amendment gave Lisa Marie’s trust to her three daughters, Riley Keough and Harper and Finley Lockwood.
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Lisa Marie’s son, Benjamin Keough, was listed as a trustee prior to his death in 2020.
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Priscilla and her former business manager Barry Siegel were previously listed as co-trustees in Lisa Marie’s living will. Priscilla discovered the 2016 amendment after Lisa Maries death this year, and realized she was no longer a trustee.
The petition Priscilla’s lawyers filed alleged there were “many issues surrounding the authenticity and validity” of the 2016 amendment. As PEOPLE reported:
“…it was never given to Priscilla while Lisa Marie was alive ‘as required by the express terms of the Trust,’ that Lisa Marie’s signature was ‘inconsistent’ with her usual signature, and that there was no witness or notarization.”
Rumors swirled that Priscilla and her eldest granddaughter, Riley Keough, were estranged due to the dispute over the trust. Although Priscilla dismissed these rumors.
RELATED: PRISCILLA PRESLEY THANKS FANS FOR SUPPORT FOLLOWING LISA MARIE’S MEMORIAL SERVICE
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The Dispute Over Lisa Marie’s Trust Has Finally Been Settled
Now, Priscilla and Riley have reached a settlement over the trust. PEOPLE reports the two of them came to their settlement on Tuesday (May 16).
“They have reached a settlement. Families are happy,” said Ronson Shamoun, Priscilla’s lawyer. “Everyone is happy. Unified and together and excited for the future.”
Riley’s lawyer, Justin Gold, added, “[Riley] would not have agreed to the settlement if she was not happy with it.“
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PEOPLE reports the next hearing and motion for approval is scheduled to take place on August 4. Watch a report about Priscilla and Riley’s settlement below.
