Priscilla Presley is challenging the “authenticity and validity” of her late daughter Lisa Marie Presley’s will.
Barry Siegel,In 1993, Lisa Marie formed a trust in an agreement with her mother to help manage the Presley estate. After Lisa Marie
85% of the company’s assets to entertainment company CKX Inc. in 2004, for around $100 million, the trust kept a 15% stake in Elvis Presley Enterprises, which owns the singer’s intellectual property.in this new petition, Priscilla claims that she was not made aware of the 2016 change to her daughter’s will during her lifetime, as required by the terms of the trust.
Lisa Marie died earlier this month at West Hills Hospital and Medical Center after experiencing cardiac arrest at her home in Calabasas, California, just two days after attending the Golden Globes. She was 54 years old. Priscilla announced the sad news in a statement later that day, writing, “It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left us. She was the most passionate strong and loving woman I have ever known.
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