Graceland will go to Lisa Marie Presley’s three daughters — identical to she needed.
After her sudden and tragic passing final week, followers had been left questioning who could be inheriting her father Elvis Presley’s well-known property.
The Memphis, Tennessee property — which is in a belief — will profit Riley Keough, 33, and twins Harper and Finley Lockwood, 14, a consultant for Graceland confirmed to People on Monday, the New York Post studies.
Not solely did Lisa Marie develop up in that dwelling, nevertheless it’s additionally the place Elvis died in 1977 at age 42 when his daughter was 9.
Graceland was left to Lisa Marie — the King of Rock and Roll’s solely youngster — as a part of her inheritance in a belief that dissolved on her twenty fifth birthday in 1993, at which level she grew to become the only proprietor of the property.
However, to proceed the profitable administration of the property, Lisa Marie selected to type a brand new belief — The Elvis Presley Trust — along with her mom, 77-year-old Priscilla Presley, and the National Bank of Commerce.
Over the years, the trustees determined to open Graceland as much as the general public by way of quite a lot of excursions and in a single day stays.
Elvis bought the house in 1957 for $US100,000 ($A143,500). In 2020, Rolling Stone reported its estimated value to be as a lot as $US500 million ($A718 million).
Lisa Marie was adamant that the property keep within the household.
“Graceland was given to me and will always be mine,” she insisted in 2013. “And then passed to my children. It will never be sold.”
On Monday, the Presley household introduced that they are going to be holding a public memorial service for the singer-songwriter on Graceland’s entrance garden on January 22 at 9am.
Reps for the household beforehand instructed Page Six that Lisa Marie could be laid to relaxation there subsequent to her dad and son, Benjamin Keough, who died by suicide in July 2020 at age 27.
Lisa Marie died on Thursday at age 54 after going into cardiac arrest at her Calabasas, California, dwelling after which coding “multiple times” at West Hills Hospital and Medical Center.
Insiders instructed Page Six that there seemed to be no medication on the scene.
Lisa Marie shared Riley and Benjamin with Danny Keough, to whom she was married from 1988 to 1994.
She co-parented her twins with Michael Lockwood, to whom she was married from 2006 to 2016.
Lisa Marie was additionally married to Michael Jackson from 1994 to 1996 and to Nicolas Cage from 2002 to 2004.
This article initially appeared on the New York Post and has been reproduced right here with permission
