Priscilla Presley has filed filings in Los Angeles Superior Court challenging a critical portion of her late daughter’s estate.
Elvis Presley’s widow argues that a 2016 amendment to her daughter’s Promenade Trust was approved with an “invalid signature” by Lisa Marie Presley, who died of a heart attack on January 12 at the age of 54.
When Lisa Marie turned 25 in 1993, she was given sole access to her father’s fortune.
Priscilla Presley claims in the 13-page document, filed Thursday, that she and her daughter’s former chief executive, Barry Siegel, have been named co-trustees in the event of her daughter’s death. But a late addition replaced their names with those of Lisa Marie’s two children with her ex-husband Danny Keough — Riley and Benjamin Keogh.
Under the current terms of the estate, the 33-year-old “Zola” actress is now the sole trustee since her brother’s death by suicide in 2020.
But Priscilla Presley is questioning the “authenticity and validity” of Lisa Marie’s signature authorizing the change of trustee, which “appears to be inconsistent with her customary and customary signature,” court filings say.
In addition, the filing alleges the following about the amendment document: it was “never served” on Priscilla (as required by the “express terms” of the Deed of Trust) during Lisa Marie’s lifetime, it misspells Priscilla’s name, and it was not witnessed or notarized , making the change an “invalid change”.
The lawsuit seeks a court order “finding that the alleged 2016 amendment is invalid, confirming the validity and existence of the reformulated 2010 trust, and confirming that the applicant is a current trustee of the trust.”
Riley Keough has not yet responded to the lawsuit in court.
Lisa Marie is also survived by her 14-year-old twin daughters, Harper and Finley Lockwood, with ex-husband Michael Lockwood.
A spokesman has confirmed that Lisa Marie’s three surviving children would inherit Graceland.