Inheritance of Lisa Marie Presley
Is the inheritance of Lisa Marie Presley a Probate Estate or Testamentary Succession?
Lisa Marie Presley was an American singer and songwriter and the only daughter and heir of Celebrity Singer Elvis Presley, King of Rock and Roll who passed away in 1977. At the time of Elvis’ death, his daughter Lisa was only 9 years old and she received through “Elvis’ Promenade Trust” a modest amount of US$5,000,000.00.- approximately. According to Elvis’ will, his inheritance was left in a living trust which through his ex-wife Priscilla’s stewardship grew to an estimated US$100,000,000.00 when Lisa Marie gained control.
The only daughter of Elvis Presley and Priscilla Presley has died at the age of 54 on January 11 of 2023 of a cardiac arrest in Calabasas, San Fernando County in California, USA. Her latest public appearance had been with her mother Priscilla to support the Baz Luhrmann film “Elvis,” about her late father, Elvis Presley. Elvis Presley’s trust owned Graceland and all royalties of Elvis Presley Enterprises.
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