The late Lisa Marie Presley's daughter, Riley Keough, who is the granddaughter of Elvis Presley, has been appointed as the sole trustee of her mother's estate. This decision was sanctioned by Judge Lynn Healey Scaduto of the Los Angeles Superior Court on Friday during a hearing. In her capacity as the head of the family trust, Keough will oversee the sub-trusts for her half-sisters, as reported by Deadline. Keough will also possess Graceland, the renowned Memphis mansion that was formerly owned by her grandfather and the legendary singer, Elvis Presley.
Lisa Marie Presley, a singer and Elvis' only child, passed away at the age of 54 on January 12, 2023, at a hospital in California. The cause of her death was cardiac arrest, as reported by paramedics who answered a 911 call. Priscilla Presley, Lisa Marie's mother, challenged Keough's estate oversight in court after her daughter's death. The dispute has been resolved, and Keough has received the sole inheritance rights of the estate.
Keough is the sole trustee of the estate. She is responsible for managing her mother's assets and ensuring that they are distributed in accordance with Lisa Marie's wishes. It is anticipated that this move will put an end to the legal dispute that has been ongoing since the death of Lisa Marie.
Keough is an actress and model, having appeared in several films and television shows, such as "Mad Max: Fury Road" and "The Girlfriend Experience". She has gained recognition as a model by being featured in advertisements for popular fashion brands like Dior and Louis Vuitton.
The media and fans have had a varied response to the announcement of Keough's appointment as the sole trustee of her mother's estate. Keough has received both praise for her talent and dedication to her family, and criticism regarding the responsibility of managing such a vast estate.
Keough's appointment as the sole trustee of Lisa Marie Presley's estate concludes a prolonged legal battle and opens a new chapter for the Presley family.