Priscilla Presley expressed her satisfaction with the settlement reached between herself and her granddaughter, Riley Keough, regarding the estate of her daughter Lisa Marie Presley. Priscilla’s declaration clarified her intentions, emphasizing that her earlier petition to retain her role as co-trustee had been misconceived.
The settlement agreement includes the financial details of Lisa Marie’s trust, which Priscilla is now trying to keep secret by filing a motion to suppress the information. Priscilla expressed concern for the safety and well-being of her family if the details were made public.
Read on to learn more.
‘Elvis Would Be Proud’
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In a sincere declaration presented on Wednesday in Los Angeles and obtained by People magazinePriscilla Presley, 78, expressed her deep satisfaction with the recent settlement reached between herself and her grandson, Riley Keough, 34, regarding the estate of Lisa Marie Presley, who died tragically in January at the age of 54.
Priscilla spoke about the impact her daughter’s death had on her and also said her ex-husband, Elvis Presley, would be proud of their settlement.
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“My daughter’s passing is very sad and heartbreaking. We’ve learned that fans recognize that we’re ‘Just A Family.’ Elvis would be proud and his and Lisa’s wishes are the most important to all of us,” he said.
The actor of “The Elvis and Me” went on to express his admiration for his grandson’s efforts in reaching a resolution “My granddaughter, through her lawyer, together with my team worked hard and tirelessly to resolve all misunderstandings as a family.”
Priscilla Presley Claims Battle Over Lisa Marie’s Beliefs Are Misunderstood
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Priscilla also explained the deep relationship between her, her late ex-husband, Elvis, and their beloved daughter Lisa Marie. As the only child of legendary rock icons, Lisa Marie holds a special place in their hearts. The late singer shares her daughter, Riley, with ex-husband Danny Keough.
Priscilla’s declaration serves as support for a motion seeking to seal a petition Keough previously filed to approve their settlement agreement.
In her statement, Priscilla explained that the petition she submitted earlier that year, seeking to retain her role as co-trustee of Lisa Marie’s estate, had been “misconstrued” as a dispute over her beloved daughter’s trust.
The brilliant actress stressed that such a misunderstanding was never her intention and, as a result, she terminated the law firm that had filed the petition on her behalf. Priscilla stated that her primary objective in submitting the declaration was to “resolve all potential uncertainties” surrounding the interpretation of the trust.
Priscilla Presley’s Lawyer Says ‘Everybody’s Happy’
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Following the good resolution reached in May, the sentiment of satisfaction and unity in the family remains strong. Priscilla’s lawyer, Ronson Shamoun, spoke about the positive outcome, saying, “Everyone is happy. United and together and excited for the future.” Echoing this sentiment, Riley’s attorney, Justin Gold, added, “[Riley] will not agree to the settlement if he is not satisfied with it.”
Regardless of the court’s decision on Keough’s petition, Priscilla’s removal as Trustee of Lisa Marie’s estate will remain in effect, as it was set forth in the settlement agreement she willingly signed.
Priscilla Presley Asks Court to Keep Settlement Details Secret
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As part of the deal, Priscilla will receive $1.4 million along with an undisclosed amount for the next decade. Therefore, the trust will be administered by Keough alone.
However, in a recent development, Priscilla has filed a motion with LA Probate Judge Lynn Scaduto, seeking to cover up the financial details of the settlement to keep it from the public eye.
In its motion, which was revealed by Daily Mail, Priscilla explained, “The settlement agreement contains personal details about my daughter’s Trust that benefits my two young granddaughters (14-year-old Harper and Finley, daughter of Lisa Marie by fourth husband Michael Lockwood, 62).”
Instagram | Priscilla Presley
He continued, “If this information becomes public, it could endanger my safety and that of my family. ‘This should have caused me significant harm, emotional distress and negatively affected my physical and mental health.’
“It will also cause my son (musician Navarone Garibaldi, 36) and underage granddaughter to be harassed and bullied. We have all been through enough,” he concluded.
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Source: thtrangdai.edu.vn/en/
