Lisa Marie Presley ’s daughters are to become owners of the iconic Presley family property, Graceland, which originally belonged to her late legendary father Elvis Presley. This is according to Lisa Marie’s wish which she once voiced.
Graceland Will Be Passed Down To Lisa Marie’s Daughters
The famous property is currently in a trust, and according to a representative for the estate, Riley Keough, 33, and twin girls, Harper and Finley, 14, will be the sole owners. The property was where Lisa Marie grew up and where her father died at age 42 in 1977.
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How Lisa Marie Managed The Estate
On Lisa Marie’s 25th birthday in 1993, she inherited the property in a trust which dissolved that year. Lisa Marie also formed a new trust called The Elvis Presley Trust with the National Bank of Commerce and her mother, Priscilla Presley. After some years, they made Graceland open to the public. It was used for overnight stays and various tours.
Graceland Appreciated Shares After It Passed On To Lisa Marie
In 1957, Elvis bought the home for $100,000. Rolling Stone reported it was worth $500 million in 2020. In 2013, Lisa Marie shared Graceland will never be sold but passed to her children.
Cause Of Death And Public Memorial Service
Per Page Six, the Presley family announced the Lights Outs singer’s memorial service will be held on the front lawn of Graceland on January 22nd at 9 a.m. The singer-songwriter died at the age of 54 on Thursday. Lisa Marie went into cardiac arrest at her home in Calabasas, Calif. She was taken to West Hills Hospital and Medical Center where she coded multiple times.
Her Life As A Family Woman
Insiders shared there was no drug found on the scene. The Now What singer shared Benjamin and Riley with ex-husband, Danny Keough. They were married from 1988 to 1994. S
On Her Personal Life
She also co-parented her twins with Micheal Lockwood. They were married from 2006 to 2016. She was married to Michael Jackson from 1994 to 1996 and to Nicolas Cage from 2002 to 2004.
More About The Tragic Death Of Lisa Marie
It was reported that before Lisa Marie was transferred to a local hospital in Los Angeles, paramedics performed CPR. They also administered epinephrine and revived her pulse. However, she passed away in Los Angeles.
Priscilla Presley Confirmed Her Daughter’s Death
Priscilla was the one who confirmed the news of the death of her daughter. She shared a statement on Thursday, announcing the death of Lisa Marie.”She was the most passionate, strong, and loving woman I have ever known.” the 77-year-old said. Lisa Marie was also the only daughter of the king of Rock ‘n’ Roll, Elvis, and his wife, Priscilla.
Lisa Marie Will Be Laid Next To Her Late Son At Graceland
Riley confirmed the singer would be laid to rest next to her son, Benjamin. On July 2020, Benjamin tragically died by suicide at 27. On October 2020, Lisa Marie shared a tribute to her son. She wrote, “The depth of the pain is suffocating and bottomless” saying she would never be the same.
She concluded the tribute by asking him to wait for her and also hold her hands while she raised his younger ones. Benjamin was buried next to his grandfather. Other family members were also laid to rest in the Meditation Garden. They include Elvis’s grandmother, Minnie Mae Presley, and his father and mother, Vernon and Gladys.
