77-year-old Priscilla Presley filed documents in Los Angeles Superior Court last week, challenging an 'alleged amendment' to the 2016 will of her late daughter, Lisa Marie Presley. This amendment would exclude Priscilla as a trustee of her daughter's estate.
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Did Lisa Marie arrange for the will to be changed?
According to documents obtained by Page Six magazine, following a report by Bunte, Priscilla commissioned a judge to determine the validity of the change. Lisa Marie's eldest daughter, Riley Keough, and her late son, Benjamin Keough, had been named in it as subsequent co-trustees.
The amendment allegedly removed Lisa Marie's former executive Barry Siegel from the trust, along with her mother. Riley would now be the sole trustee following her brother's suicide in 2020, according to Bunte.
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Lisa Marie Presley Memorial Service: Priscilla Presley reads a poem from Lisa Marie’s daughter. #LisaMariePresley#LisaMariePresleymemorialservice#PriscillaPresleypic.twitter.com/M9ZCltDMUQ
— DeL2000 (@DeL2000) January 22, 2023
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From a large to a small fortune
According to a report in Stern, Lisa Marie owes the fact that there was anything at all to inherit from the great Elvis Presley to her mother. The famous father allegedly only left about $5 million, out of which Priscilla conjured up about $100 million through clever business deals.
Moreover, Lisa Marie and Barry Siegel have some history after Lisa Marie filed a lawsuit against Siegel in 2018, accusing him of 'negligence and mishandling her sizeable inheritance from Elvis' as reported by Page Six.
Priscilla claims that her daughter's signature on the document from 2016 'appears inconsistent with her usual and customary signature,' and that Lisa Marie's name was even misspelt.
This article was translated from Oh!MyMag DE.
Sources used:
Bunte: 'Priscilla Presley: Sie will Testament ihrer Tochter Lisa Marie anfechten'
Stern: 'Lisa Marie Presley wirtschaftete ein 100-Millionen-Dollar-Erbe runter'
Page Six: 'Priscilla Presley contests Lisa Marie Presley’s will, claims ‘invalid’ signature'
