The drama within Elvis Presley's surviving family appears to be over, as his late daughter's ex-husband walks away with a six-figure sum for expenses made on legal fees according to an update from >>> Yahoo.
Lockwood used the money while fighting for the rights of his 15-year-old twin daughters, Finley and Harper Lockwood.
Lisa Marie Presley, the King of Rock and Roll's only child, tied the knot for the fourth time to Michael Lockwood. She welcomed twin daughters with him, children he vehemently fought for amid disagreements over her trust. Following the settlement between the beneficiaries, Michael Lockwood filed a reimbursement motion. The 63-year-old seemingly implied a settlement would never have happened without his interference and used that claim to plead for reimbursement.
Michael's lawyer, per the documents, recalled that "After Lisa Marie's death, the Promenade Trust was the subject of litigation, primarily focused on who should be the trustee." He continued: "To protect and represent their interests in this litigation, Finley and Harper sought and secured the court appointment of their father, Michael Lockwood, to serve as their Guardian Ad Litem."
The attorney praised Michael, claiming that "through the significant efforts and contributions of the parties, including Mr. Lockwood and his counsel, all disputes surrounding Lisa Marie's estate were amicably and efficiently resolved. ... From the outset, Michael and his counsel played a central role in helping keep the parties focused on resolving those issues with minimal court intervention," the lawyer concluded.
The settlement Michael allegedly helped with was reached after a heated battle between Elvis's former wife, Priscilla, and their granddaughters. Unfortunately, Priscilla challenged the signature on her late daughter's will. She tried to enforce a previous will that named her the co-administrator of the estate. Priscilla's actions resulted in months of legal drama and a speculated feud between her and her grandchildren.
The court agreed that Lisa Marie's oldest daughter, Riley Keough, must pay him US$188,275.32 in legal expenses. As a trustee of the Promenade Trust, the 35-year-old couldn't escape the responsibility of reimbursing her late mother's ex-husband. However, the responsibility didn't fall on her alone. The court noted that US$94,137 would be deducted from the twins' interest in the Promenade Trust, which included most of Elvis' estate, such as the famous Graceland.
Will Michael Lockwood's reimbursement motion be the final payment coming out of Elvis Presley's trust, or will another debt pop up?
New Polish Elvis Book
Due for release on October 23 in Poland is the book 'Elvis Presley: Niezwykłe życie' ('Elvis Presley: An Extraordinary Life') by Beata Pawlikowska.
The author of this extensive, 848-page publication is Beata Pawlikowska, an experienced radio and television journalist known to listeners from the popular show "The World According to a Blonde" broadcast on Radio ZET.
Many Elvis Presley fans, like myself, will surely remember her late-night shows on Program 3 of Polish Radio, where she presented the discography of the King of Rock 'n' Roll (it was thanks to Ms. Beata and her shows that I got to know individual Presley songs and became enamored with his music).
Just like in those programs, Beata Pawlikowska's new book will be full of interesting facts and anecdotes from the life of the legendary singer. "People who knew Elvis personally tell fascinating stories about him," according to the press release. "Some are funny, others are touching or incredible. Elvis had close encounters with UFOs, read countless books, had a photographic memory, and an extraordinary musical talent. He wanted to become a monk, had a magnetic effect on women, was always on the move, constantly searching for something and coming up with new ideas. He loved to laugh and had a great sense of humor. On impulse, he would give away cars and jewelry as gifts, believed in the power of healing, and even cured a gospel singer of cancer. He was young, beautiful, sensual, had a magnificent voice, and became the first-ever youth icon."
(Source: Yahoo News / Mariusz Ogiegło)