Riley Keough to Pay Priscilla Presley, Ending Legal Battle Over Family Trust

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Riley Keough will pay Priscilla Presley a lump-sum payment as part of a settlement that will end the battle over the estate of Lisa Marie Presley

Keough agreed to provide as much as $400,000 to pay legal fees Priscilla incurred after her grandmother petitioned a California judge to reject an alleged 2016 amendment to earlier this year — centered around the amendment that reportedly sought to remove Priscilla and former business manager Barry Siegel as co-trustees of her

daughter’s Promenade Trust and named Keough and her now-deceased brother, Benjamin, as co-trustees. , will also remain as a “special adviser” to the trust as part of the agreement, and will be paid an undisclosed annual amount for 10 years, or until her death, for her new role. Keough will serve as sole trustee of her late mother’s trust.

 

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