The battle over the estate of Lisa Marie Presley - and Graceland - is far from over, as two of the late star's daughters retained lawyers to ensure they are getting a fair share of the Elvis Presley fortune.
In the new legal filing, obtained exclusively by The Blast, 14-year-old twins Harper and Finley Lockwood are requesting a guardian ad litem in Lisa Marie’s trust case that their sister Riley Keough filed back in June.
The twins want their legal protection because they are minors, and there remains a dispute over the distribution of the massive Presley estate. Basically, they want to ensure they get paid everything they are entitled to while the remaining family members all carve out their pieces.
Vivienne Ann Lockwood will apply ex parte to the Court for the appointment of a Guardian ad litem to represent her interest in this proceeding. In contrast, Finley Aaron Love Lockwood will apply ex parte to the Court for the appointment of a Guardian ad litem to represent her interests. Both twins are beneficiaries of the Trust.
In June 2023, Riley Keough, 34, and her grandmother, Priscilla Presley, 78, finally reached an agreement over the late Lisa Marie Presley’s estate. The 'Daisy Jones and the Six' star became the sole Trustee. The 34-year-old had petitioned the court to approve May 2023’s settlement agreement in documents filed in Los Angeles.
Her lawyer, Justin Gold, had written that Riley would not charge for her services as Trustee if the court approved the petition. Gold wrote that “the beneficiaries all save money that would have gone to Priscilla, who was going to charge a trustee fee” in court documents obtained by The Blast. "In settling the claims pending in Priscilla's Petition, the parties are saving significant legal fees by avoiding litigation, and they are likewise avoiding the spectacle of intra-family litigation that would have been inimical to Lisa's wishes and not in the best interests of the family,” Gold added in the legal filing.
Riley was named the sole Trustee of her mother’s estate and the sub-trusts for her 14-year-old twin sisters, Harper and Finley Lockwood. She is now charged with safeguarding and investing the money “in a manner consistent with the needs of the beneficiaries, and not influenced by the desire of a Trustee.”
The KJ Consulting book '... And Then There Was Elvis' was supposed to be out last month, but it was delayed again.
Everything is printed now and we will deliver to you in a few days. Sorry for the delay."
Premiere In Venice
Sofia Coppola’s 'Priscilla' will premier at the 80th Venice International Film Festival in September 2023 and as the NYFF Centerpiece Selection this fall.
(Source: The Blast / Yahoo News / The Elvis Files / Priscilla Movie Instagram)