Alex Cracknell
Real Estate

Fate of Graceland finally decided

Reports have finally confirmed that the iconic Memphis, Tennessee estate, Graceland that famously belonged to Elvis will go to Lisa Marie Presley's daughters, following her death from cardiac arrest at 54 years of age.

Elvis’ granddaughters will inherit the estate after ownership was called into question. Graceland was first passed down to Lisa Marie when she was just nine, following the death of her legendary father in 1977.

Graceland will now be entrusted to Lisa Marie's daughters, actress Riley Keough, 33 and 14-year-old twins Finley and Harper Lockwood. Lisa Marie will also be honoured with a public memorial service at Graceland following her death.

A representative Riley has said that "Riley, Harper, Finley, and Priscilla are grateful for the support, well-wishes, and outpouring of love honouring their beloved Lisa Marie. A public memorial service has been arranged on the front lawn of Graceland at 9:00 am on Sunday, January 22 in Memphis, Tennesee."

Her final resting place will be at Graceland next to her son Benjamin, who sadly died by suicide in 2020.

Riley is the daughter of Lisa Marie and her first husband, Danny Keough, who also tried to save her life after she went into full cardiac arrest the day she died.

Finley and Harper are the daughters of Lisa Marie and her fourth husband, musician Michael Lockwood, who Lisa Marie officially split from in 2021.

According to the official website of Graceland, the estate was left to Lisa Marie in trust when she was nine.

The trust officially dissolved on her 25th birthday in 1993, which gave her full ownership of the home.

Lisa Marie later formed The Elvis Presley Trust to manage the property alongside her mother, Priscilla Presley, and the National Bank of Commerce.

Images: Wikipedia / Getty Images

Tags:
Graceland, Inheritance, Lisa Marie Presley, Elvis Presley, Priscilla Presley