Riley Keough, Lisa Marie Presley’s daughter, and Priscilla Presley, Lisa Marie’s mother (and Elvis’ ex-wife), have settled their legal dispute regarding Lisa Marie Presley’s estate.

On January 12, 2023, the singer and Elvis Presley’s lone child tragically lost away from a heart attack. Sadly, the Presley family had a great deal of tension following Lisa Marie’s untimely death. The Hollywood Reporter first reported on Priscilla’s move to reverse a 2016 amendment to Lisa Marie’s last will and testament, which had given Riley and her late brother Benjamin Keough control over the estate. The request was made public on January 26, The Hollywood Reporter reported.

Along with other inconsistencies, Lisa Marie’s signature on the paper, which appeared to be unnotarized, was allegedly disputed by Priscilla, Elvis’ ex-wife. After months of legal challenges, the grandmother and granddaughter reached a settlement agreement on May 16 for an undisclosed sum. The procedure of selecting the trustee is now being carried out by the “Lights Out” vocalist.

Riley Keough will be the sole executor of Lisa Marie Presley’s estate.

The controversy surrounding the singer Lisa Marie Presley’s financial difficulties has advanced in yet another way. Riley Keough, together with the “sub-trusts” of Lisa Marie’s other two children, twins Harper and Finley Lockwood, became the sole trustee of her mother’s estate on June 12, according to legal documents acquired by Entertainment Tonight.

According to the legal paperwork, the “Daisy Jones and the Six” actress will not get a “trustee fee” from the estate, as Priscilla Presley supposedly would have.

As the trustee of the sub-trust for Lisa Marie’s half-brother Navarone Garibaldi, which will be financed by a “one-time” payment from Lisa Marie’s trust, Priscilla will still have a minor role in the settlement.

Priscilla claimed to Entertainment Tonight that the legal snag was over and that “the Presley family is stronger than ever” as a result of the resolution of her “request for document interpretation” regarding Lisa Marie’s trust.

“I want to make it clear that no lawsuit has ever been filed against my lovely granddaughter, despite the fact that some media outlets mischaracterized such a plea as a lawsuit,” she stated in her statement. We are happy that we were able to come up with a solution as a family. I truly hope that everyone would give my family and I the time and space we require to process Lisa Marie’s death in privacy.