Estate of Lisa Marie Presley Designates Riley Keough as Sole Trustee

Riley Keough has been named the only real trustee of her late mom Lisa Marie Presley’s property, in keeping with The Hollywood Reporter.

The Daisy Jones & The Six actress moved to approve the deal on Monday (June 12) in Los Angeles Superior Court, and her grandmother Priscilla Presley can be paid an undisclosed quantity to drop her petition difficult a 2016 modification to her late daughter’s will that changed her as a co-trustee. She argued that the modification was by no means delivered to her whereas her daughter was alive, as required by the belief’s phrases.

Following the dying of her father Elvis Presley and his mother and father, Lisa Marie turned the only real heir to the King of Rock ‘n’ Roll’s property, which was managed by Priscilla, who was married to Elvis from 1967 to 1973. When the belief was dissolved on Lisa Marie’s twenty fifth birthday in 1993, she shaped a brand new belief to proceed the administration of the property with Priscilla Presley as co-trustee.

Lisa Marie died at age 54 on Jan. 12 after being hospitalized for struggling cardiac arrest. “It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left us,” Priscilla mentioned in a press release asserting the information. “She was the most passionate, strong and loving woman I have ever known.”

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