What Lisa Marie’s three kids will inherit

Lisa Marie Presley’s tragic and sudden demise has followers questioning who will inherit her father’s well-known Graceland property.

The late daughter of Elvis and Priscilla Presley had 4 youngsters, sharing 33-year-old daughter Riley and her late son Benjamin, who died by suicide at age 27 in 2020, along with her first husband Danny Keough, reviews the New York Post.

Presley — who was married to Michael Jackson and Nicolas Cage — additionally shared two 14-year-old daughters, Harper and Finley, along with her fourth ex-husband, Michael Lockwood.

The solely daughter of the King of Rock ‘n’ Roll inherited $100 million ($A143 million) in 1993 on her twenty fifth birthday, however she misplaced the vast majority of her inheritance over time due to mismanagement and dangerous investments.

And Lockwood, who finalised his divorce with Lisa Marie in May 2021 5 years after separating, reportedly reopened the case in an try to get his ex to fork up the court-ordered $4,600 a month in youngster assist amid a bitter custody battle.

While Lisa Marie’s monetary state on the time of her demise stays unclear, she inherited Graceland, the Memphis, Tenn., residence through which she grew up in with Elvis. It was additionally the place Elvis died in 1977 on the age of 42 when Lisa Marie was simply 9 years outdated.

Graceland was bought by the Jailhouse Rock singer in 1957 for simply $100,000 ($A143,000). But due to Elvis’ flourishing fanbase, Elvis’ property was stated to be value about $400 to $500 million, Rolling Stone reported in 2020.

Graceland, which was remodeled right into a museum honouring Elvis, will more than likely be handed on to her three residing youngsters.

Lisa Marie shut down rumours that she would ever promote the house again in 2013, saying (Via USA Today), “That is NEVER going to happen. There’s always a rumour. It is NOT getting sold.

“Graceland was given to me and will always be mine. And then passed to my children. It will never be sold,” she added.

Lisa Marie’s mum confirmed her demise on January 12 in a heartbreaking assertion.

“It is with a heavy heart that I must share the devastating news that my beautiful daughter Lisa Marie has left us,” Priscilla stated. “She was the most passionate, strong and loving woman I have ever known.”

Lisa Marie was first rushed to West Hills Hospital and Medical Center in California after going into cardiac arrest, the place she was receiving the “best care” on Thursday.

Paramedics have been reportedly capable of revive the singer-songwriter through CPR earlier than being rushed to the hospital. But hours later, she was positioned in a medically induced coma after she coded a number of instances.

Sources advised Page Six that there seemed to be no medicine on the scene and that her official reason behind demise might be decided at a later time.

Lisa Marie had simply attended the 2023 Golden Globes with Priscilla to assist Austin Butler, who received the award for greatest efficiency in a drama for his portrayal of her dad in Baz Luhrman’s Elvis.

This article initially appeared within the New York Post and was reproduced with permission.