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Court Approves Settlement of Lisa Marie Presley's Estate: Riley Keough is Sole Trustee and Priscilla Presley to Receive $1M Payout, Annual Salary, and be Buried Near Elvis at Graceland

After a challenging period following Lisa Marie Presley's sudden death in January, her family achieved closure with court approval of estate settlement, ushering in a new era with actress Riley Keough taking over the vast estate including the iconic Graceland property.

  • Actress Riley Keough has been named as the sole trustee of her mother, Lisa Marie Presley's estate, which includes the iconic Graceland property.
  • Priscilla Presley, Lisa Marie's mother, has agreed to resign as co-trustee and receive a $1 million lump-sum payment, $100,000 annually for a decade, and the right to be buried next to Elvis Presley at Graceland.
  • The family reached the settlement agreement in May following Lisa Marie's sudden death in January, ending a challenging period for the family.
  • Lisa Marie's son, Navarone Garibaldi, and her twin daughters, Harper and Finley Lockwood, have been named among the beneficiaries of her trust.
  • Despite the legal battles, both Priscilla Presley and Riley Keough express mutual trust and a shared commitment to managing and preserving the family legacy, especially the Graceland property.
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