Priscilla Presley has filed papers in Los Angeles Superior Court challenging a critical portion of her late daughter’s estate.
Elvis Presley’s widow says a 2016 amendment to her daughter’s Promenade Trust was approved using an “invalid signature” of Lisa Marie Presley, who died of a heart attack on Jan. 12 at the age of 54.
Lisa Marie had sole access to her father’s fortune when she turned 25 in 1993.
Priscilla Presley says in the 13-page filing filed Thursday that she and her daughter’s former business manager, Barry Siegel, were named co-administrators in her daughter’s death. But a late addition replaced their names with those of Lisa Marie’s two children with ex-husband Danny Keough: Riley and Benjamin Keogh.
In the current state of the estate, 33-year-old “Zola”. The actor is now the sole director since his brother’s death by suicide in 2020.
But Priscilla Presley disputes the “authenticity and validity” of Lisa Marie’s signature approving the change of trustee, which “seems inconsistent with her regular and customary signature,” the court noted.
Additionally, the record alleges the following about the amendment document: it was “never delivered” to Priscilla during Lisa Marie’s lifetime (as required by the “express terms” of the trust deed), misspelled Priscilla’s name, and did not was witnessed or authenticated. , making the change an “invalid change”.
The action seeks a court order “determining that the purported 2016 amendment is invalid, confirming the validity and existence of the 2010 restated trust, and confirming that the petitioner is a current trustee.”
Riley Keough has yet to respond to the lawsuit.
Lisa Marie also leaves behind her 14-year-old twin daughters, Harper and Finley Lockwood, with ex-husband Michael Lockwood.
A spokesperson confirmed that Lisa Marie’s three surviving children will inherit Graceland.
