Elvis Presley’s famous estate, Graceland will go to Lisa Marie Presley’s three daughters — just like she wanted.
The Memphis, Tenn., property — which is in a trust — will benefit Riley Keough and twins Harper and Finley Lockwood.
Not only did Lisa Marie grow up in that home, but it’s also where Elvis died in 1977 at age 42 when his daughter was 9.
Graceland was left to Lisa Marie — the King of Rock and Roll’s only child — as part of her inheritance in a trust that dissolved on her 25th birthday in 1993, at which point she became the sole owner of the property.
However, to continue the successful management of the estate, Lisa Marie chose to form a new trust — The Elvis Presley Trust — with her mother, 77-year-old Priscilla Presley, and the National Bank of Commerce.
Lisa Marie was adamant that the property stay in the family.
In 2013 she said, “Graceland was given to me and will always be mine. And then passed to my children. It will never be sold.”
On Monday, the Presley family announced that they will be holding a public memorial service for the singer-songwriter on Graceland’s front lawn on Jan. 22 at 9 a.m.
Lisa Marie will be laid to rest there next to her dad and son, Benjamin Keough, who died by suicide in July 2020 at age 27.
Source: NY Post.
Photo Credit: Christopher Polk/Getty Images for Wonderwall.