Priscilla Presley, shown at the Celine Fall/Winter 2023 fashion show in Los Angeles on Dec. 8, 2022, had asked the L.A. County Superior Court to determine the validity of a document amending the will of Lisa Marie Presley, her late daughter.
“Everyone is happy,” said Ronson J. Shamoun, Priscilla Presley's attorney, after the court hearing. Shamoun, who also represents Lisa Marie Presley's trust , described the family as "united." Representatives for Lisa Marie Presley's daughter, Riley Keough, were present at the hearing. Lawyers for her other children appeared remotely.The lawyers also revealed that a second trust, which is the beneficiary of a large life insurance policy, also was part of the settlement. The settlement will be filed by June 12.
In 1993, Lisa Marie Presley had appointed her mother and then business manager Barry Siegel as co-trustees of her trust. However, after Lisa Marie Presley died on Jan. 12 in Los Angeles, her mother said she discovered an amendment to the will, dated March 11, 2016, that replaced them both as trustees upon her death.of the amendment.
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Source: RollingStone - 🏆 483. / 51 Read more »