Priscilla Presley is difficult the validity of an modification to her late daughter Lisa Marie Presley’s will that eliminated her as a trustee and would give her grandchild a big stake within the Graceland empire.
Lisa Marie eliminated her mom and former enterprise supervisor, Barry Siegel, as co-trustees of her will in 2016, in keeping with a court petition from Priscilla’s lawyers, and changed them together with her kids, Riley and Benjamin Keough.
Benjamin Keough died in 2020, leaving Riley Keough, a 33-year-old actor, as the only trustee.
Priscilla’s petition alleges that she was not notified of the modification to her daughter’s will till after her loss of life. Lisa Marie died on Jan. 12 at age 54 after being hospitalized for cardiac arrest. She was Elvis Presley’s solely little one.
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The petition additionally claims that the modification misspells Priscilla’s title, and questions the authenticity of Lisa Marie’s signature.
“(The signature) appears inconsistent with (Lisa Marie Presley’s) usual and customary signature,” the paperwork state, as reported by CNN.
Different complaints within the petition allege that the modification was not notarized, it solely exists as a PDF copy, and Lisa Marie’s signature is on a clean web page within the doc, with no language pertaining to the change in trustees.
In 2005, Lisa Marie bought a big share of her possession in Graceland Holdings, the father or mother firm of Elvis Presley Enterprises. On the time of her loss of life, she owned a 15 per cent stake in the company.
Lisa Marie was additionally the only proprietor of Graceland Mansion, Elvis Presley’s former dwelling and current-day vacationer attraction. The property consists of 13 acres of land, in addition to Elvis Presley’s remaining private belongings like costumes, awards and vehicles.
The precise reason behind Lisa Marie’s loss of life has not but been revealed by the Los Angeles County coroner.
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