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Priscilla Presley says ‘Elvis would be proud’ of Riley Keough trust settlement

  2024-03-09 pagesixNika Shakhnazarova2380
Introduction

Priscilla Presley believes that her late ex-husband Elvis Presley “would be proud” that she reached a legal settlement w

Priscilla Presley says ‘Elvis would be proud’ of Riley Keough trust settlement

Priscilla Presley believes that her late ex-husband Elvis Presley “would be proud” that she reached a legal settlement with her granddaughter, Riley Keough.

In a declaration filed Wednesday and obtained by People, the 78-year-old said she’s pleased that she and Keough can finally put their legal tussle behind them.

The pair reportedly reached a million-dollar settlement this month over Lisa Marie Presley’s estate, who died on Jan. 12 after going into cardiac arrest.

“My daughter’s passing was both devastating and heartbreaking,” Priscilla wrote, according to the outlet. “We have learned that the fans realize that we are ‘Just a Family.’ Elvis would be proud and his and Lisa’s wishes are what are most important to all of us.”

Priscilla and Riley Keough reportedly reached a settlement this mo<i></i>nth over Lisa Marie Presley’s estate.
Priscilla and Riley Keough reportedly reached a settlement this month over Lisa Marie Presley’s estate. FilmMagic

“My granddaughter, through her counsel, along with my team worked diligently and tirelessly to resolve all misunderstandings as a family,” she added.

The legal drama led to an alleged rift between the family, with sources telling Pvnew that the two women were not on speaking terms.

However, Priscilla brushed off rumors of a quarrel in her motion, saying she fired the lawyers responsible for disputing the will.

The legal drama between Priscilla and Riley led to an alleged rift between the family.
The legal drama between Priscilla and Riley led to an alleged rift between the family. Getty Images
Priscilla was married to the legendary croo<i></i>ner from 1967 until 1973.
Priscilla was married to the legendary crooner from 1967 until 1973. Michael Ochs Archives

“My January 2023 petition was misconstrued in the press as a ‘fight’ over my beloved daughter’s Trust,” she wrote. “That was not the intent. The petition was filed by a law firm who has since been terminated.”

“I filed the petition to resolve all potential uncertainty surrounding the interpretation of the Promenade Trust,” Priscilla’s motion added.

Keough reportedly agreed to give her grandmother over $1 million in order to become the sole trustee of mother Lisa Marie’s estate.

Priscilla's daughter Lisa Marie died on Jan. 12 after going into cardiac arrest.
Priscilla’s daughter Lisa Marie died on Jan. 12 after going into cardiac arrest. Rick Diamond

According to court documents obtained by People, the “Daisy Jones & The Six” star will give Priscilla a lump-sum payment worth $1 million in addition to another $400,000 to cover her legal fees.

“The settlement agreement contains private details regarding my daughter’s Trust that is to benefit my two minor granddaughters (14-year-old Harper and Finley, Lisa Marie’s children by fourth husband Michael Lockwood, 62),” Priscilla wrote, according to the Daily Mail.

“If this information were to become public, it could put me and my family’s safety at risk.”

“This should subject me to significant danger, emotional distress and negatively affect my physical and mental health,” added Priscilla, who was married to the legendary crooner from 1967 until 1973.

“It would also subject my son and minor granddaughters to harassment and bullying. We have all been through enough,” she concluded.

(By/Nika Shakhnazarova)
 
 
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