Lisa Marie’s Mom Priscilla Attempted to Keep $1.4 Million Payment From Granddaughter Riley Sealed, Fears Harassment and Bullying
June 15 2023, Published 11:48 a.m. ET
Priscilla Presley desperately tried to keep the amount of money she was paid by her granddaughter Riley Keough to settle their fight over Lisa Marie’s estate a secret, RadarOnline.com has learned.
As we previously reported, following Lisa Marie’s death, Priscilla rushed to court demanding to be named co-trustee of her late daughter’s trust.
Lisa Marie was heavily in debt at the time of her death. RadarOnline.com obtained court records that showed she owed $3-$4 million to various creditors. However, she took out various life insurance policies that paid out $35 million to her trust after her death.
The only beneficiaries to the trust are Riley and her younger twin sisters, Harper and Finley.
In her petition, Priscilla claimed Lisa Marie’s will put her and her late daughter’s ex-biz manager Barry Siegel in charge of the trust. She said an alleged 2016 amendment was floating around that put Riley in charge and kicked her out.
However, Priscilla claimed the signature on the amendment did not look like Lisa Marie’s signature.
Sources said Riley was furious with her grandmother’s decision to take the matter to court.
As we previously reported, yesterday, it was revealed Riley paid her grandmother $1 million and another $400k for her legal fees to settle the case. Per their deal, Riley will be the sole trustee of Lisa Marie’s estate.
Riley filed a motion to seal portions of the petition claiming, “the parties’ interest in maintaining this limited financial information under seal overrides any limited public right of access to this information, and supports sealing.”
Lisa Marie’s daughter tried to seal the dollar amount paid to Priscilla claiming her grandmother wanted it kept private.
In a declaration submitted to the court, Priscilla said her daughter’s death was “both devastating and heartbreaking.”
She said, “We have learned that the fans realize that we are “Just a Family.” Elvis would be proud and his and Lisa’s wishes are what are most important to all of us. My granddaughter, through her counsel, along with my team worked diligently and tirelessly to resolve all misunderstandings as a family.”
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Priscilla said the settlement agreement should be sealed because it contains “private details regarding my daughter’s Trust that is to benefit my two (2) minor granddaughters. If this information were to become public, it could put me and my family’s safety at risk. This would subject me to significant danger, emotional distress, and negatively affect my physical and mental health. It would also subject my son and minor granddaughters to harassment and bullying. We have all been thought enough.”
Despite their attempts to keep the information sealed, the amount paid out was revealed.
