“The parties would like to report that they’ve reached a settlement,” Ronson J. Shamoun, Priscilla Presley’s lawyer, informed Judge Lynn Scaduto at a court docket listening to in Los Angeles on Tuesday.
The settlement pertains to the Promenade Trust, which names Riley Keough, Lisa Marie Presley’s oldest daughter, because the beneficiary of her late mom’s property.
Details of the settlement weren’t mentioned in court docket. Attorneys for the events stated they plan to file a movement to seal the settlement settlement.
The decide requested for the settlement and the movement to seal to be filed by June 12 and set one other listening to within the case for August 4.
“The families are happy,” Shamoun informed reporters outdoors court docket. “Everyone is happy, unified, together and excited for the future.”
Justin Gold, lawyer for Riley Keough, informed CNN “she is very content.”
Priscilla Presley disputed a 2016 modification to her daughter’s will which states that Lisa Marie Presley eliminated her mom and former business supervisor, Barry Siegel, as co-trustees, changing them along with her kids Riley and Benjamin Keough. Benjamin Keough later died in 2020.
The petition, filed in January and obtained by CNN, alleged that Priscilla Presley didn’t obtain the modification whereas her daughter was alive, as required by her Trust, and that the doc misspells Priscilla’s identify.
The petition additionally alleged that the modification was not witnessed or notarised and questioned the authenticity of Lisa Marie Presley’s signature.
Lisa Marie Presley’s reason for dying stays underneath assessment, in keeping with the Los Angeles County Coroner.
Source: www.9news.com.au
