It would be an understatement Lisa Marie Presley’s tragic death at age 54 earlier this year had a serious impact on her family. They eventually came together as a family to lay her to rest in Graceland not far from her famous father, Elvis. However, shortly after, Lisa Marie’s daughter, Riley Keough, and mother, Priscilla, engaged in a legal battle over her trust. Things seemed contentious for a while but, ultimately, both sides reached a settlement. It would appear that we now have some additional information on the terms of the deal. Most interestingly, newly surfaced legal documents indicate the matriarch of the family was asked to drop her petition for what’s been referred to as an undisclosed sum.
This entire legal debacle was initiated by a signed document filed in 2016, which stipulated that Priscilla Presley would be removed as one of the co-trustees of her daughter’s will. She reportedly had an issue with this and as a result, chose to contest the decision with a petition worth $35 million. When it comes to her reasoning for taking that course of action, Presley said that she was looking to “protect” Riley Keough and her other two grandchildren and ultimately “keep our family together.”
