Lisa Marie Presley Three Daughters Will Inherit Graceland: Graceland, the renowned home of Elvis Presley in Memphis, Tennessee, will remain in the Presley family. Lisa Marie Presley passed away on Thursday, and the property, which is held in trust, will go to her three kids, Riley, Harper, and Finley, a Graceland representative confirmed to PEOPLE.
After his passing in 1977, the old residence of the King of Rock and Roll was given to Lisa Marie, his only child. It is currently accessible for numerous tours and overnight stays.
Riley, 33, and Benjamin, who committed suicide in July 2020 at 27, were the two children Lisa Marie had with Danny Keough. In 2006, she wed Michael Lockwood, with whom she had twin daughters, Harper and Finley, who are now 14 years old. Presley and Lockwood divorced in 2021 after divorcing in 2016.
The estate was entrusted to Lisa Marie in trust when she was just nine years old, and the conviction was formally dissolved upon Lisa Marie’s 25th birthday in 1993, giving her complete ownership of the house. This information is from Graceland’s official website. Along with her mother, Priscilla Presley, and the National Bank of Commerce, she subsequently established The Elvis Presley Trust to oversee the estate.
Lisa Marie, 54, passed away later that day after being taken to the hospital on Thursday, Jan. 12, for what might have been a heart attack. Priscilla told PEOPLE that her daughter had passed away.
Have a look at the following:
- Lisa Marie Presley Cause of Death: Cardiac Arrest at Age 54
- Elvis Presley And Priscilla Age Gap? What Was Their Old, When They Met?
In a statement to PEOPLE on Thursday night, Priscilla stated, “It is with a heavy heart that I must deliver the devastating news that my beautiful daughter Lisa Marie has left us.
“She was the most passionate strong and loving woman I have ever known. We ask for privacy as we try to deal with this profound loss. Thank you for the love and prayers. At this time there will be no further comment.”
It was announced on Friday that she would be buried next to her son Benjamin at Graceland’s Meditation Garden.
“Lisa Marie’s final resting place will be at Graceland, next to her beloved son Ben,” a statement from her daughter Riley Keough’s rep to PEOPLE read.
Additionally, it serves as the ultimate resting place for Vernon Presley, Elvis’ father, Gladys Presley, and Minnie Mae Presley, Elvis’ grandmother.
Lisa Marie Presley Three Daughters Will Inherit Graceland
Lisa Marie Presley’s three daughters will receive Graceland, as she had wished. Fans were left wondering who would inherit her father Elvis Presley’s renowned estate after her abrupt and terrible death last week.
Riley Keough, 33, and twins Harper and Finley Lockwood, 14, would profit from the Memphis, Tennessee, property owned by a trust, a Graceland official confirmed to People on Monday. Not only did Lisa Marie grow up there, but Elvis passed away there in 1977 at the age of 42, leaving a daughter who was nine years old.
Lisa Marie, the only child of the King of Rock and Roll, received Graceland as part of her inheritance from a trust that expired on her 25th birthday in 1993, making her the sole owner of the property. Lisa Marie, her mother, Priscilla Presley, and the National Bank of Commerce decided to establish a new trust called The Elvis Presley Trust to continue the estate’s excellent administration.
The trustees decided to make Graceland accessible to the general public throughout time by offering different tours and overnight stays. Elvis paid $100,000 for the house in 1957. According to Rolling Stone, the company’s value might reach $500 million in 2020. Lisa Marie insisted vehemently that the home remains in the family.
Hi. In honor of it being National Grief Awareness Day , I wrote an essay about Grief which was posted today on People. I thought I’d post it here in the hopes that anyone who needs to hear all of this it helps in some way.
— Lisa Marie Presley (@LisaPresley) August 31, 2022
“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.”
The Presley family said on Monday that a public memorial service would be held for the singer-songwriter on the front lawn of Graceland on Jan. 22 at 9 a.m.
Page Six was previously informed by family representatives that Lisa Marie would be buried there next to her father and son Benjamin Keough, who committed suicide at the age of 27 in July 2020. Following a heart arrest at her Calabasas, California, home and “several codes” at West Hills Hospital and Medical Center, Lisa Marie passed away on Thursday at 54.
We received unique information from insiders that there didn’t seem to be any drugs present. Riley and Benjamin were shared by Lisa Marie and Danny Keough, to whom she was wed from 1988 to 1994. She and her husband from 2006 to 2016—Michael Lockwood—shared parenting of her twins.
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