Priscilla Presley is reportedly fighting for a share of her late daughter, Lisa Marie’s estate. According to TMZ sources, Lisa Marie had two life insurance policies worth a total of $35 million, and after paying off her debts, the remaining estimated $30 million is set to be split evenly among her three children. But the drama starts there.
Priscilla No Longer Included In Lisa Marie’s Will
Lisa Marie amended her will in 2016, cutting both her mother and former business partner out as trustees, and naming her daughter Riley and son Benjamin (now deceased) as the new trustees. But now, Priscilla has filed legal documents challenging the validity of the amendment, leading some to question her motives. A source close to the situation referred to Priscilla’s challenge as a “money grab” situation, considering she and Lisa Marie were not very close.
Is Priscilla Presley Stealing Grandchildren’s Million Dollar Inheritance?
“It is wild that she would challenge the validity of the amendment,” the source told Page Six. In her legal challenge, Priscilla is asking the judge to compare Lisa Marie’s signature on the amendment to other documents and argue that it isn’t Lisa’s signature and that her daughter’s name is even spelled wrong.
If Priscilla is successful, she will be named as one of the trustees of the $35 million estate, potentially taking away some of the inheritance meant for her grandchildren. “On the outside looking in, it appears as if Priscilla Presley is going to war in an attempt to take some of this very flush estate from her grandchildren,” said the source. With the judge set to rule on the validity of the amendment, the world waits with bated breath to see what will happen next in this family feud.
Priscilla’s Quest for Control: What Is She Challenging?
While some may see Priscilla’s challenge as a simple dispute over the inheritance, others believe it could be about control. By being named as one of the trustees, Priscilla would have a say in how the money is managed and dispersed, potentially putting her in a position of power over her grandchildren’s inheritance.
Regardless of the motives, the legal challenge puts the future of the $35 million estate in jeopardy. The outcome of the case will determine whether Priscilla will be named as one of the trustees and how much, if any, of the inheritance her grandchildren will receive.
The battle for Lisa Marie’s estate is heating up with Priscilla Presley challenging the validity of the amendment to her late daughter’s will. Accusations of a “money grab” have been thrown around, and the outcome of the legal challenge could determine the future of the $35 million estate meant for Lisa Marie’s three children. Whether it’s about control or simply fighting for a share of the inheritance, the world will have to wait and see what happens next in this dramatic family feud.
