Priscilla Presley Disputes Late Daughter Lisa Marie Presley’s Will Making Daughter Sole Trustee
Priscilla Presley has filed a petition to dispute the will her late daughter, Lisa Marie Presley. The documents, filed Thursday, question an amendment to Lisa’s living trust that removes Priscilla and her manager as trustees and replaces them with Lisa’s children, Riley Keough and Benjamin Keough. Benjamin is deceased.
Lisa, the only child of Elvis Presley, died in January after suffering a cardiac arrest. The Los Angeles County coroner has not yet confirmed a cause of death. As she did not file a will, her living trust serves to distribute her assets after her death.
Since the 1990s, Priscilla and her manager Barry Siegel have been the heads of a trust that manages the Presley estate, which includes the intellectual property of Elvis. Priscilla alleges that her daughter made the amendment in 2016 without delivering the amendment to her first, as required by the trust’s terms. It was also never notarized or witnessed. The petition also notes some inconsistencies that call into question the validity of the amendment, such as Lisa’s name being misspelled and her signature appearing different than “her usual and customary signature.”
“Petitioner respectfully requests an order from this court determining that the Purported 2016 Amendment is invalid,” the document says.
The filing also says that Siegel intends to resign, which would leave Priscilla and her granddaughter Riley as co-trustees according to the original terms.
This is not the first time there has been a dispute over the trust. In 2018, Lisa filed a lawsuit against Siegel claiming he mismanaged the trust, causing around $100 million to be depleted.
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