Riley Keough has been named the only real trustee of her late mom Lisa Marie Presley’s property, in response to The Hollywood Reporter.
The Daisy Jones & The Six actress moved to approve the deal on Monday (June 12) in Los Angeles Superior Court docket, and her grandmother Priscilla Presley might 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 dad and mom, 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 fashioned 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’s with a heavy coronary heart that I need to share the devastating information that my stunning daughter Lisa Marie has left us,” Priscilla mentioned in an announcement saying the information. “She was essentially the most passionate, robust and loving lady I’ve ever identified.”