Revealed: Lisa Marie Presley’s Hollywood starlet daughter Riley and 14-year-old twins will inherit Graceland following her dying… and a public memorial will likely be held on entrance garden of iconic property this weekend

Graceland, the legendary mansion which as soon as belonged to Elvis Presley, will go to Lisa Marie Presley’s three daughters following her sudden dying at age 54.

A consultant for the Memphis, Tennessee property confirmed to People the property, which is in a belief and was handed right down to Elvis’ daughter following his dying in 1977, will profit Lisa Marie’s daughters – Riley, 33, and 14-year-old twins Harper and Finley.

This comes as particulars of Lisa Marie’s public memorial have emerged. A public memorial service for Lisa Marie is ready to happen on Graceland’s entrance garden on Sunday, January 22 at 9AM, a press release revealed, in keeping with ABC News. 

It had beforehand been revealed that Lisa Marie could be laid to relaxation at Graceland subsequent to her late son, Benjamin Keough, along with her father and different members of the family buried on the property.  

Lisa Marie died final week at age 54 after struggling two cardiac arrests. 

Lisa Marie’s funds stay contentious: her fourth husband, Michael Lockwood, misplaced his 2016 bid of their divorce to undo their prenup, however he reopened the case in 2021, demanding she pay the $4,600-a-month baby help {that a} courtroom ordered.

The case is but to be settled, and the state of her funds is unclear.

She inherited $100million in 1993, on her twenty fifth birthday, however stated that it had nearly fully disappeared due to mismanagement and unhealthy investments.

Graceland, nevertheless, remained.

Lisa Marie had 4 kids – her three daughters and son Benjamin Keough, who took his personal life in July 2020 following a prolonged battle with drug habit and despair.

Lisa Marie is pictured in 2021 along with her 33-year-old daughter Riley and 14-year-old twin daughters Harper Vivienne Ann and Finley Aaron Love

Riley Keough is pictured along with her mom in October 2017

Riley Keough and Lisa Marie Presley with twins Finley and Harper Vivienne

Harper and Finley Vivienne pictured collectively on the handprint ceremony to honor their grandmother Priscilla in June 2022

Riley, whose newest position is in Amazon Prime collection Daisy Jones and the Six, charting the story of a Nineteen Seventies rock band, stated final 12 months whereas selling Zola that her brother’s dying had hit her exhausting.

She advised The New York Times she endured ‘a 12 months of feeling like I used to be thrown into the ocean and could not swim’.

She added: ‘The primary 4 or 5 months, I could not get off the bed. I used to be completely debilitated. I could not speak for 2 weeks.’

Even now, Riley finds the tragedy exhausting to just accept.

‘It’s extremely sophisticated for our minds to place that someplace as a result of it is so outrageous,’ she stated. 

Lockwood and his daughters Harper Vivienne and Finley at his Santa Barbara wedding ceremony to Magnificence Seashore Lounge hairstylist Stephanie Hobgood in October

Elvis Presley purchased Graceland in 1957, and on his dying in 1977 it handed to his solely baby, Lisa Marie. She owned 100 per cent of the property

Elvis and Priscilla Presley are pictured at Graceland with a child Lisa Marie 

 Lisa Marie Presley, 54, died on Thursday after struggling a cardiac arrest

‘If I am going by a breakup, I do know what to do with that and the place to file it in my thoughts, however suicide of your brother? The place do you place that? How does that combine? It simply does not.’

Whereas struggling to return to phrases with Benjamin’s dying, she turned excited about dying doulas, and skilled as a practicioner – guiding folks by the ultimate phases of their lives.

‘That is actually what’s helped me, having the ability to put myself ready of service,’ she stated. ‘If I might help different folks, perhaps I can discover a way to assist myself.’

She stated she was supported by her husband, Australian stuntman Ben Smith-Petersen, who she met on the set of Mad Max: Fury Highway.

The pair married in February 2015, after touring to Nepal to spend time constructing homes within the Himalayas.

The look of affection: Riley and and Ben Smith-Petersen met in 2012 on the desert set of Mad Max: Fury Highway, for which he gained a SAG Award for finest stunt ensemble

Riley and her husband Ben (left) are seen along with Benjamin and his girlfriend Diana in 2018 on a vacation to Tulum, Mexico 

Benjamin, 27, died after he shot himself in July 2020

She stated her brother’s dying elevated her sense of spirituality, and made her want dying was not such a taboo.

‘There’s nothing that may put together you for loss and tragedy and I want there was,’ she advised Vogue.

‘After I misplaced my brother, I felt so indignant that nobody talks about dying. It is hidden away after which it occurs to you and also you’re thrown into an ocean and you’ll’t swim.

‘So for me, what’s been useful is attempting to assist different people who find themselves experiencing comparable issues. I skilled to be a dying doula and acquired my certificates to be a dying midwife.

‘I learn quite a bit, meditate and I am very non secular. I believe it is rewired my complete existence and in addition made me grateful for each second. I’ve a lot extra love in my coronary heart than I may ever have imagined.

‘However, it’s painful and numerous work. It has been a tragic 12 months for therefore many individuals. There’s been a lot struggling. It makes you understand how linked all of us are.’

Along with Riley, Lisa Marie additionally had two different daughters. Harper Vivienne and Finley, daughters of musician Michael Lockwood and Presley, often appeared with their dad and mom on the pink carpet.

On the time of their mom’s dying the 14-year-olds had been residing along with her in Calabasas, though they’d at instances lived with their grandmother Priscilla, all through their dad and mom’ acrimonious divorce.

In October their father remarried, to movie star hairdresser Stephanie Hobgood.

The twins had been ‘grooms girls’.

Lockwood stated, following Lisa Marie dying, that the ladies had been with him. 

”Michael had been hoping for a speedy and full restoration as a result of her kids wanted her. It is vitally unhappy it did not end up that means,’ stated Joe Yanny, Lockwood’s spokesman. 

‘Michael’s world has been turned on its ear. He’s with each of his daughters now.’ 

Lisa Marie has beforehand spoken of her son’s, left, similarity to her dad Elvis, proper, calling their resemblance ‘uncanny’

Lisa Marie (proper) and her mom Priscilla (left) had been on the Golden Globe Awards on Tuesday evening to see Austin Butler (heart) who performed her father within the film ‘Elvis’

In July 2020 Benjamin took his personal life. On the time, sources revealed he’d been ‘struggling’ and that his dying, whereas devastating, was not a ‘enormous shock’ to his mom or different family members.

It is unclear how a lot alcohol or cocaine he had in his system however there have been traces of each, in keeping with Los Angeles County Coroner’s workplace.

The report additionally describes Benjamin’s historical past with psychological sickness.

He had tried to take his life six months earlier, then spent three weeks in rehab 4 months earlier than he died.

Benjamin had tried rehab thrice earlier than. The post-mortem makes reference to his drug abuse and says he additionally had a historical past of despair.

On what would have been his twenty eighth birthday in 2020, Lisa Marie posted a poignant tribute. ‘My lovely lovely angel,’ the singer-songwriter wrote on Instagram subsequent to an image of Benjamin as he’s about to blow out birthday candles on a cake.

‘I worshipped the bottom you walked on, on this earth and now in Heaven. My coronary heart and soul went with you. The depth of the ache is suffocating and bottomless with out you each second of each day.

‘I’ll by no means be the identical. Please look ahead to me my love, and maintain my hand whereas I keep to proceed to guard and lift your little sisters and to be right here for Riley.

‘I do know you’d need that. Completely satisfied Birthday my candy candy Boy. You had been a lot too good for this world.’

Lisa Marie Presley paid tribute to her late son, Benjamin Keough (pictured above), on what would have been his twenty eighth birthday

‘I worshipped the bottom you walked on, on this earth and now in Heaven,’ Lisa Marie wrote on what would have been her son’s twenty eighth birthday. ‘My coronary heart and soul went with you.’

Benjamin Keough together with his mom Lisa Marie Presley in 2012. He took his personal life in July 2020

Graceland, the Memphis, Tennessee property, was purchased by her Mississippi-born father Elvis within the spring of 1957, when he was 22 and had simply hit fame.

The 1939 home and its grounds had been bought to the younger rocker for $100,000, and on his dying in 1977 they handed to his solely baby, Lisa Marie.

Lisa Marie’s mom Priscilla – who divorced Elvis in 1973 – reworked the faltering property right into a vacationer attraction on his dying, opening it to guests in 1982.

The grounds now see 600,000 guests a 12 months – making it second solely to the White Home and the Biltmore Property for vacationer numbers.

And whereas the home sees a stream of individuals to gawk on the jaw-dropping extra of the jungle room, and gaze on the fabulously kitsch white and blue Nineteen Seventies front room, the constructing stays in use as a household house – the place the Presleys collect for dinners and reunions.

Lisa Marie is pictured with twins Harper Vivienne and Finley, daughter Riley, and son Benjamin

Benjamin was the son of musician Danny Keough, who married Lisa Marie in 1988 and divorced her in 1994. Pictured, Lisa Marie and Danny 

His suicide led to fears for a devastated Lisa Marie’s personal well being, along with her ex-husband Michael Lockwood saying in courtroom paperwork he feared she would relapse into drug habit.

Riley and Benjamin had been born throughout their mom’s first marriage, to actor Danny Keough.

Regardless of Lisa Marie leaving him in 1994 and marrying Michael Jackson 20 days later, Danny and Lisa Marie remained on pleasant phrases.

She was residing with him on the time of her dying, and he discovered her collapsed at their house after coming back from taking the twins to highschool: he carried out CPR till the paramedics arrived.

How a lot cash Lisa Marie’s three daughters will inherit stays unclear.

Regardless of their grandfather being one of many biggest-selling musicians of all time, the funds had been often precarious – due to The King’s lavish way of life and generosity.

When he died in 1977, he had solely $5million within the financial institution – thanks, partly, to a deal made by his supervisor, Colonel Tom Parker, 5 years earlier than his dying.

In 1973 Parker bought all of Presley’s grasp recordings to RCA Information for $5.4million, which implies the label pays no royalties to the property for tracks launched earlier than 1973.

Of his 23 studio albums, solely 5 had been launched after 1973.

Elvis’s catalogue has been shopped round over time: in 2013 the rights to his music and picture had been purchased by Genuine Manufacturers, which owns Marilyn Monroe and Muhammad Ali’s rights.

Final 12 months, Genuine introduced a take care of Common Music to share the rights.

The royalties should not the one problem.

Elvis’s belief, which was as soon as valued at $100million, was all however passed by 2015.

Lisa Marie appointed Barry Siegel in 2003 to handle the cash – the identical 12 months she launched a musical profession of her personal.

Siegel, senior managing director of Provident Monetary Administration and a outstanding leisure enterprise supervisor, counted Al Pacino, Elijah Wooden, Pulitzer Prize-winning playwright David Mamet, and Frankie Valli and the 4 Seasons as his shoppers. 

However in 2005 Siegel bought off 85 per cent of Lisa Marie’s share in Elvis Presley Enterprises, which noticed her lose management of her father’s identify and picture rights.

Siegel stated the deal ‘cleared up over $20million in money owed that Lisa had incurred and netted her over $40million money and a multi-million greenback revenue stream’.

Lisa Marie stated it misplaced her thousands and thousands due to a subsequent funding in Core Leisure, the corporate behind American Idol that went bankrupt in 2016.

Siegel then allegedly started liquidating Lisa Marie’s belongings with a purpose to complement her belief revenue. 

She claimed his enterprise selections left her with a $500,000 bank card debt.

Barry Siegel started managing Lisa Marie’s funds in 2003, and in 2005 bought off 85 per cent of her share in Elvis Presley Enterprises, which noticed her lose management of her father’s identify and picture rights. He insisted it was essential to repay her money owed

Lisa Marie divorced her fourth husband, Michael Lockwood, in 2016, and of their divorce proceedings claimed she was $16million in debt – which Lockwood stated was not true. 

In line with the paperwork, Lisa Marie on the time owed greater than $10million in taxes from 2012 to 2017 and had defaulted on her debt of greater than $6million from her United Kingdom house. 

She additionally owed $263,050 in skilled frees, $47,844 in bank card debt and an estimate of $250,000 in miscellaneous unpaid payments.

Presley revealed her monetary struggles in response to a request from Lockwood that she assist pay a part of his $450,000 in lawyer charges.

In 2018, she sued Siegel, accusing him of mismanaging her funds. 

Siegel and his firm, Windfall Monetary Administration, countersued, alleging Presley’s ‘out-of-control spending’ led to her monetary predicament.

Leon Gladstone, a lawyer representing Barry Siegel, stated on the time: ‘It is clear that Lisa Marie goes by a tough time in her life and is trying to blame others as a substitute of taking duty for her actions.’ 

But Lisa Marie was adamant that the monetary collapse was his fault.

Lisa Marie and Michael Lockwood signed a pre nuptial settlement, however once they divorced in 2016 he challenged it. The case was nonetheless pending on the time of her dying

‘Between 2005 and the time of the American Idol chapter, Siegel billed $4.9million to ‘handle’ the belief, a mean annual wage of $701,000 per 12 months,’ the courtroom paperwork state.

‘Had Siegel disclosed the the belief’s true monetary situation to Presley and restricted spending to the belief’s ‘revenue’ somewhat than its principal belongings, Presley would have lived comfortably on an annual finances of between $1.5 and $2million per 12 months, after taxes.

‘On this finances, Siegel’s profitable compensation bundle would have amounted to between 40 to 50 per cent of Presley’s post-tax annual finances – an quantity she undoubtedly wouldn’t have agreed to had she been conscious of her true monetary situation.’

As an alternative of telling Lisa Marie the reality, Siegel lined up the dire straits of her funds, say her legal professionals.

‘Siegel repeatedly led Lisa to imagine she was in “good condition” along with her funds,’ the paperwork state.

Her attorneys cited a number of emails from Siegel responding to inquiries from Lisa Marie about how her belief fund was faring.

Lisa Marie drug remedy over time additionally ate into her financial institution balances.

She stated she was in rehab not less than 5 instances – with stints at one web site she attended, Hills Therapy Middle in Los Angeles, costing $40-50,000 a month.