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Riley Keough named sole heir of Lisa Marie Presley’s estate. A timeline of the legal dispute

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Riley Keough has officially been named the sole trustee of her late mother Lisa Marie Presley's estate, following a months-long legal dispute.

Riley Keough has officially been named the sole trustee of her late mother Lisa Marie Presley's estate, following a months-long legal dispute.

The Promenade Trust essentially holds the entirety of Elvis Presley's estate. As the sole heir to her father, Lisa Marie Presley executed a living trust in 1993, which is a legal mechanism for protecting one’s assets and determining how they will be distributed after they die,Lisa Marie Presley was also the sole personal owner of the Graceland mansion in Memphis, Tennessee, according to

By 2016, the trust had been left with $14,000 in cash and more than $500,000 in credit card debt, Reuters reported based off her lawsuit.

 

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Riley Keough named sole heir of mom Lisa Marie Presley’s estate, new owner of GracelandOn Friday, a Los Angeles Superior Court judge approved a settlement proposed by Keough following a legal battle with her grandmother, Priscilla Presley.
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