Priscilla Presley and Siegel currently serve as the heads of a trust created in 1993 to manage the Presley estate. The Promenade Trust kept a 15 percent stake in Elvis Presley enterprises, which owns the singer’s intellectual property, after Lisa Marie Presley sold 85 percent of the company’s assets for roughly $100 million.
“The foregoing method shall be the exclusive method by which this trust may be revoked or amended, or any amendment cancelled,” states the petition, which cites several cases in which changes to trusts were found invalid after it was concluded trustees weren’t notified. The petition says Riley Keough is slated to become co-trustee of the trust with Priscilla Presley because Siegel “has already or will soon resign.” Priscilla Presley has not resigned as a trustee of the trust and plans to continue in her capacity, according to the document.
Team Riley
Damn man…. That’s super sad to hear. Nothing on earth is sadder to hear than someone passing bitter. Hope I’m wrong but if I’m right, we all have to learn how to let go of trauma & pain caused by others. As illustrated with this sad story, Life is way too short to hold grudges.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Priscilla Presley contests Lisa Marie Presley’s will, claims ‘invalid’ signatureThe former wife of the late Elvis Presley filed court documents challenging a “purported 2016 amendment” to her daughter’s will, which ousted her as a trustee. How does Priscilla not know she hasn't been a trustee since 2016? Apparently has not been acting as a trustee for the last 7 years. And hear comes the shitshow 😜😝 WOW someone forged her signature that is really messed up
Source: PageSix - 🏆 320. / 59 Read more »
Priscilla Presley files petition questioning validity of Lisa Marie Presley's willPriscilla Presley claims that the signature on Lisa Marie Presley's will 'appears inconsistent with her usual and customary signature.' Too complicated 🥰🤨😳🤬🤩😍🤢👌🏽🤗🥵❤️🤩 Oh Just a bunch of tacky hillbillies chasing money
Source: latimes - 🏆 11. / 82 Read more »
Priscilla Presley files petition questioning validity of Lisa Marie Presley's willPriscilla Presley has contested the will of her late daughter, Lisa Marie Presley, claiming the document misspells her mother's name and contains a signature that 'appears inconsistent with her usual and customary signature.
Source: YahooNews - 🏆 380. / 59 Read more »
Priscilla Presley contesting validity of Lisa Marie Presley’s willThe petition alleges that, among other issues surrounding the amendment, Priscilla Presley did not receive the amendment while her daughter was alive as required by her Trust and that the document …
Source: mercnews - 🏆 88. / 68 Read more »
Priscilla Presley is contesting validity of Lisa Marie Presley's will | CNNIn a court filing obtained by CNN, attorneys for Priscilla Presley filed a petition disputing a 2016 amendment to her daughter’s will. The petition comes just days after Elvis Presley’s only child was laid to rest at his former residence, Graceland. щольц агент путина.щольцу нравится убийства украинских детей.всегда создает проблему защите украинских детей.Scholz is Putin's agent. Scholz likes the murders of Ukrainian children. Always creates a problem for the protection of Ukrainian children. How exactly is the Presley family going to be able to resolve this? Graceland OF COURSE SHE DID! Priscilla's done nothing but live off of Elvis' name $$ since day one. Opening up Elvis' home his personal private space (can u imagine), he was so private so she cld reap in $$. She's disgraceful. They were divorced, if she didn't have LMP she'd be forgotten
Source: CNN - 🏆 4. / 95 Read more »
Priscilla Presley disputes trust of late Lisa Marie PresleyPriscilla Presley has filed legal documents disputing who oversees the estate of her late daughter Lisa Marie Presley
Source: WOKVNews - 🏆 247. / 63 Read more »