Priscilla Presley and Riley Keough Reach Settlement in Battle Over Lisa Marie Presley’s Estate

usmagazine.com:

A point of closure. Lisa Marie Presley’s mother, Priscilla Presley, and daughter Riley Keough have reached a settlement in the battle over her trust.Priscilla’s attorney, Ronson J.

Shamoun, shared the news during a Tuesday, May 16, court hearing in Los Angeles, according to CNN. “The parties would like to report that they’ve reached a settlement,” the lawyer told Judge Lynn Scaduto.Shamoun told reporters outside the court: “Everyone is happy, unified, together and excited for the future.” Details of the settlement were not discussed during the hearing.A few days after Lisa Marie died of cardiac arrest at age 54 in January, Priscilla, 77, contested her will, which named Keough, 33, as the beneficiary of her mother’s estate.

The late “Dirty Laundry” songstress shared Riley and son Benjamin — who died at age 27 in July 2020 — with ex-husband Danny Keough and twin daughters Finley and Harper, 14, with ex-husband Michael Lockwood.In order to view the video, please allow Manage CookiesAccording to court documents obtained by Us Weekly in January, Priscilla called a 2016 amendment made to her daughter’s will —which removed her and Lisa Marie’s former business manager Barry Seigel as co-trustees and replaced them with Riley and her late brother — invalid.The Naked Gun actress — who was married to Elvis Presley from 1967 to 1973— alleged that the singer-songwriter’s signature appeared to be forged and that the amendment was not witnessed or notarized.

Priscilla also claimed that she should have been notified of the change, but never was.The Daisy Jones & the Six star, for her part, was not surprised by the amendment.“Riley knew she would be the trustee for her mother, so that was no shock,” a source exclusively told Us in March.