16 May 2023 , 19:35
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The battle over Lisa Marie Presley's estate is finally over after Priscilla Presley and her granddaughter Riley Keough reached a settlement.
The bitter saga had been rumbling on since the death of Elvis Presley's daughter in January at the age of 54.
The star was hospitalised following an apparent cardiac arrest at her California home, but later died.
What followed regarding her multi-million dollar estate threatened to tear apart the famous family.
However, news was released today (Tuesday) that there had been a settlement agreed. "The parties would like to report that they’ve reached a settlement," Priscilla's attorney, Ronson Shamoun, told Judge Lynn Scaduto at a court hearing in Los Angeles.
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They then added outside the court: "They have reached a settlement. Families are happy."
The message was echoed by Riley's attorney, Justin Gold, who said: "She would not have agreed to the settlement if she was not happy with it. She is very content."
Priscilla Presley, Lisa Marie Presley and Riley Keough (Charbonneau/REX/Shutterstock)Here, we take a look inside the bitter feud as the parties move on with their respective lives.
The pair were embroiled in a complex legal battle over Lisa Marie's trust, with her grandmother Priscilla claiming she has been pushed out because of a 2016 amendment.
Legal documents stated that Priscilla, 77, and Lisa Marie's former business manager Barry Siegel have been removed as trust mangers.
They were instead replaced by Lisa Marie's children Riley and Benjamin Keough. In 2020, Benjamin died at the age of 27.
After Lisa Marie's funeral, Priscilla filed a petition in Los Angeles which questioned the "authenticity and validity" of a 2016 amendment to her daughter's will.
Priscilla's lawyers argued that the amendment document misspelled her name and had a signature that appeared unusual.
Priscilla Presley speaks at the public memorial for Lisa Marie Presley (Getty Images for ABA)
Lisa Marie Presley with her daughters (Lisa Marie Presley/Instagram)In the filing, Priscilla's lawyers claimed she was only made aware of the "purported 2016 amendment" following the death of her daughter.
Sources claimed Priscilla and Riley weren't on speaking terms as the case continued, with one insider telling Entertainment Tonight at the time: "Riley and Priscilla aren't communicating at this time, but have been in communication through lawyers."
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Priscilla's actions were then slammed by a close friend of her late daughter. "It’s strictly a money grab. She had no relationship with Priscilla, [her ex-husband] Michael Lockwood or her half-brother [Navarone Garibaldi]," Lisa Marie's friend told People.
"Lisa lived her life authentically… She wouldn't remain quiet when she was being taken advantage of."
Lisa Marie Presley ’s cause of death remains under review, according to the Los Angeles County Coroner.