Priscilla Presley Files to Challenge Lisa Marie Trust Amendment


Priscilla Presley has filed a authorized problem over a “purported” modification to her daughter Lisa Marie Presley‘s belief. NBC News reviews that Presley is asking a court docket to invalidate an modification to Lisa Marie’s belief that names her daughter, Riley Keough, as a co-trustee.

NBC obtained court docket paperwork Presley filed in Los Angeles on Thursday (Jan. 26), during which she seeks to keep up management of her daughter’s belief. In line with these paperwork, Lisa Marie executed a dwelling belief in 1993 to guard her property and decide how they’d be distributed within the occasion of her loss of life. The belief was then restated in 2010, naming Priscilla Presley and her former enterprise supervisor, Barry Siegel, as co-trustees.

In line with her submitting, Priscilla discovered a doc after Lisa Marie’s loss of life dated March 11, 2016, “pertaining to be an modification” to the belief (quote through the Today Show). That modification eliminated each Presley and Siegel as co-trustees, changing them with Lisa Marie’s daughter, Riley Keough, and her son, Benjamin Keough. Benjamin Keough died in 2020, which might make 33-year-old Riley Keough the only trustee by the phrases of the modification.

Lisa Marie Presley sued Siegel in 2018, accusing him of mismanaging her belief, which was reportedly left with half 1,000,000 {dollars} in bank card debt and solely $14,000 in money. He countersued, accusing her of blowing her inheritance with irresponsible spending.

Priscilla Presley’s submitting claims there are “many points surrounding the authenticity and validity of the purported 2016 modification,” together with misspelling her title. She alleges the modification was by no means delivered to her, and her submitting additional claims that Lisa Marie Presley’s signature on the modification “seems inconsistent along with her typical and customary signature.” She is asking a decide to declare the modification invalid, which would depart her because the trustee.

The information comes simply over two weeks after Lisa Marie Presley died after struggling cardiac arrest at her California house. A ruling on her reason behind loss of life has been deferred pending additional assessments. She was laid to rest at Graceland in Memphis beside her son, Bejamin, on Jan. 19.

A public memorial happened at Graceland on Jan. 22.

Lisa Marie Presley additionally had two different kids, 14-year-old twins Harper and Finley Lockwood. Her three surviving kids will inherit Graceland, the household has confirmed.

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On Jan. 12, 54-year-old Lisa Marie Presley died after going into cardiac arrest. Like her father, she leaves behind a younger household.

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