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Post by Admin on Jan 28, 2023 19:41:29 GMT
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Post by Admin on Jan 30, 2023 21:54:52 GMT
Extreme weight loss, opioid abuse, and plastic surgery — these are just some of the dramatic and heartbreaking new headlines surrounding Lisa Marie Presley’s shocking death, as TMZ exposes new details about her final days. Plus, why a fight could be brewing between Priscilla Presley and granddaughter Riley Keough over Lisa Marie’s trust.
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Post by Admin on Jan 31, 2023 17:50:38 GMT
Lisa Marie Presley struggled with her finances throughout much of her life. After her $100 million Elvis Presley estate inheritance was squandered away by bad business dealings and a shady manager, Lisa Marie found herself in debt to the tune of $4 million at the time of her death at the age of 54.
It appeared she was trying to clear up that mess by trying to cash out on one of her life insurance policies worth $25 million, according to TMZ. She reportedly owed $2.5 million to the IRS and wanted to pay off that debt. Lisa Marie had already filled out the paperwork to withdraw $2 million from the policy , but there was an error in the documents, so it never went through.
More from SheKnows
Priscilla Presley Preps for a Fight Over Lisa Marie's Trust Which Puts Her at Odds With Granddaughter Riley Keough
The late daughter of Elvis also had another life insurance policy worth $10 million, so her estate would be worth about $30 million once her debts are cleared up. This is where things get even trickier because mother Priscilla Presley has already begun a legal fight to challenge the amendment made to Lisa Marie’s trust in 2016. Apparently, she replaced Priscilla and former business manager Barry Siegel and added daughter Riley and late son Benjamin Keough as the trustees — Priscilla wants to be added back as the trustee in place of Riley.
The family feud will play out in the courts where they decide the fate of Lisa Marie’s trust. It’s already a tragedy, but now, the finances are going make her passing even more difficult for her surviving loved ones.
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Post by Admin on Jan 31, 2023 21:40:48 GMT
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Post by Admin on Feb 1, 2023 18:47:19 GMT
Lisa Marie Presley, the daughter of Elvis and Priscilla Presley, died on Jan. 12 at the age of 54 after suffering a cardiac arrest at her home in Calabasas, California. Feb. 1 would have been her 55th birthday. Priscilla shared a statement on Wednesday marking the now somber occasion. "Today would have been Lisa’s 55th birthday. My wish is to protect my three grandchildren and keep our family together," she said in a statement to Page Six. "From the first moment I held Lisa in my arms, I've protected, loved and guided her, as I have my son. Our hearts are broken, and I am having to learn to live without my only daughter." "We truly love all of you, and we feel your prayers," she added, referring to the outpouring of support the Presley family has received. "Thank you so much for caring so deeply for our family." Lisa Marie's sudden death on Jan. 12 came as shock to many, her family included. A rep for the Presley family released a statement announcing the sad news at the time. "Priscilla Presley and the Presley family are shocked and devastated by the tragic death of their beloved Lisa Marie," a rep for the family confirmed to ET. "They are profoundly grateful for the support, love and prayers of everyone, and ask for privacy during this very difficult time." The only daughter of Elvis and Priscilla, Lisa Marie was born in Memphis, Tennessee, and split her time between Los Angeles and Memphis as a child. She eventually followed in her father's footsteps, making music of her own. She would go on to have several high-profile relationships, most notably with another music icon, Michael Jackson. The latter part of her life was spent being a mom to her four children, Riley Keough, 33, twins Finley and Harper Lockwood, 14, and her son, Benjamin Keough, who tragically died in 2020 at the age of 27. In the wake of Lisa Marie's tragic death, ET is looking back at the ups and downs of her storied life.
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