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Whither the King’s kingdom? Elvis fans, estate planners watch carefully

By Gregg Greenberg

The tragic passing of singer Lisa Marie Presley has Elvis fans — and estate planners — wondering what will become of the King’s kingdom.

Lisa Marie Presley, the sole child of Elvis Presley and his wife Priscilla, died last week at the age of 54 after suffering cardiac arrest in her home in the Los Angeles suburb of Calabasas. Her legendary father, often referred to as the “King of Rock and Roll,” died of a heart attack in 1977 at the age of 42.

Lisa Marie Presley enjoyed a successful music career of her own, charting numerous times. She was also married four times, including relatively brief marriages to pop star Michael Jackson in 1994 and actor Nicholas Cage in 2002. She is survived by daughter Riley Keough, 33, an actress, and 14-year-old twin daughters Harper and Finley Lockwood. Her only son, Benjamin Keough, also a musician, died by suicide in 2020 at age 27.

The size and scope of Presley’s three daughters’ inheritance has Elvis watchers deep in speculation.

Graceland, the Presley family’s ancestral home in Memphis, Tennessee, where Lisa Marie Presley was born and raised until the age of 9, is in a trust that will go to the benefit of her children…

 

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