Riley Keough named heir to mother Lisa Marie Presley’s estate

Riley Keough will now be in charge of her late mother Lisa Marie Presley’s estate, in addition to grandfather Elvis’ Graceland.

Last Updated on August 7, 2023

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Riley Keough, the daughter of the late Lisa Marie Presley and granddaughter of Elvis Presley, has been named the sole heir to her mother’s estate, also putting her in charge of Graceland, the King of Rock and Roll’s iconic home.

Riley Keough had been actively pushing to become the heir since June, filing a 72-page petition that made a claim that she should be in charge of what is called the Promenade Trust. This victory also finds her overseeing the sub-trusts for her younger half-sisters.

The issues related to the trust began, not surprisingly, almost immediately after the January death of Lisa Marie Presley, with Priscilla (ex-wife to Elvis), who “challenged the validity” of her daughter’s will which essentially removed Priscilla as a trustee. As it stands, Priscilla will instead serve as a special advisor and receive a monthly payment from Riley Keough. Priscilla also wanted to be buried next to Elvis, although this wouldn’t be possible since he is buried between his father and grandmother. As a compromise, Riley Keough will allow Priscilla to be buried on the grounds of Graceland near Elvis. Graceland, which Elvis purchased in 1957, opened as a museum in 1982. In 1991, it was added to the National Register of Historic Places; it currently sees more than 600,000 visitors every year.

Lisa Marie Presley passed away at the age of 54, with her autopsy revealing she died from small bowel obstruction, or “adhesions (or, scar tissue) that developed after bariatric surgery years ago. This is a known long term complication of this type of surgery.” She was the only child of Elvis and Priscilla Presley.

But lest you think Riley Keough will only be associated with her grandfather’s legacy now that she has been appointed heir, she has plenty going on otherwise, as she’s up for her first Emmy this year for starring in Daisy Jones & the Six. Prior to that, she won the Caméra d’Or at the Cannes Film Festival for War Pony and earned major praise for performances in Zola, American Honey and more.

How do you feel about Riley Keough being the heir to the estate? Is she a fitting choice? Give us your thoughts in the comments section below.

Source: Entertainment Weekly, Deadline

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Mathew is an East Coast-based writer and film aficionado who has been working with JoBlo.com periodically since 2006. When he’s not writing, you can find him on Letterboxd or at a local brewery. If he had the time, he would host the most exhaustive The Wonder Years rewatch podcast in the universe.