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Elvis Presley's widow settles over late daughter's will / Photo: Jon Kopaloff - GETTY IMAGES NORTH AMERICA/AFP/File
NYSE - LSE
Elvis Presley's widow settles over late daughter's will
Elvis Presley's widow Priscilla Presley has reached a settlement over their late daughter's fortune, her lawyer said Tuesday, after she had disputed an amendment removing her from the will.
Lisa Marie Presley died suddenly in Los Angeles in January from cardiac arrest at the age of 54.
Lisa Marie had initially named her mother Priscilla as a co-trustee of her estate, but an amendment in 2016 would have instead made her eldest daughter Riley Keough the beneficiary of her estate.
Priscilla Presley filed a petition in January arguing the amendment was invalid because she was only presented with it after her daughter died, and it contained several technical errors, including lack of notarization.
Her lawyer on Tuesday told a Los Angeles judge that a settlement had been reached. No details were disclosed, and the settlement is expected to remain sealed.
"The families are happy," her attorney Ronson Shamoun said outside the courtroom, adding that all are "unified, together and excited for the future."
Keough's lawyer Justin Gold said his client was also happy with the resolution.
Priscilla Presley, now 77, divorced Elvis in 1973 after six years of marriage.
Lisa Marie was the only child of the rock and roll icon, and retained control of her father's Graceland estate until her death.
Riley Keough, 33, is an actor who has appeared in "Mad Max: Fury Road." Lisa Marie was also survived by teenage twin daughters Harper and Finley.
M.Vacanti--INP
