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Priscilla Presley Says ‘Elvis Would Be Proud’ Of Settlement With Riley Keough Over Lisa Marie Estate

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Priscilla Presley says all is well in her family. This week, People obtained a declaration filed in Los Angeles by the 78-year-old regarding her settlement with granddaughter Riley Keough over the estate of Lisa Marie Presley. READ MORE: Riley Keough Makes First Public Appearance Since Lisa Marie Presley Trust Settlement “My daughter’s passing was both devastating and heartbreaking,” Priscilla said. “We have learned that the fans realize that we are ‘Just a Family.’ Elvis would be proud and his and Lisa’s wishes are what are most important to all of us.” Lisa Marie died in January at age 54, and in the months since, reports had emerged about a rift in the family over her estate. “My granddaughter, through her counsel, along with my team worked diligently and tirelessly to resolve all misunderstandings as a family,” Priscilla wrote in the declaration In January 2023, Priscilla filed a petition to stay on board as the co-trustee of Lisa Marie’s estate.

But she also explained that the reports about the rift “misconstrued” the situation as “a ‘fight’ over my beloved daughter’s trust.

That was not the intent. The petition was filed by a law firm who has since been terminated.” Priscilla added, “I filed the petition to resolve all potential uncertainty surrounding the interpretation of the Promenade Trust.” READ MORE: Riley Keough To Pay Grandmother Priscilla Presley $1M Plus $400K Legal Fees To Settle Estate Lawsuit It was reported this week that Keough and her grandmother had reached a settlement in which the “Daisy Jones & The Six” star would become the sole trustee of her late mother’s estate.

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