Priscilla Presley, Riley Keough and Michael Lockwood Come to an Agreement on Lisa Marie Presley's Estate

etonline.com:

Lisa Marie Presley's estate has been reached. Following Lisa Marie's January death, ET confirms that her mother, Priscilla Presley, her daughter, Riley Keough, and the father of her two minor children, Michael Lockwood, have all come to an agreement regarding her estate.«All parties have reached a settlement and the families are happy,» Priscilla's lawyer, Ronson J.

Shamoun, tells ET. «They are very excited for the future.»Riley's lawyer, Justin Gold, agrees, telling ET, «Riley is very happy.

She's a remarkable woman and her future is bright.»The terms of the settlement were not disclosed. The lawyers have until June 14 to file the terms and they also plan to file a motion to seal those terms.

The judge is expected to rule on that motion on Aug. 4.Following news of the agreement, ET spoke with entertainment attorney Mitra Ahouraian, who noted that the settlement likely fell «somewhere in the middle» of what all the parties were requesting.«A settlement means that both parties have agreed on some terms.