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Priscilla Presley and Riley Keough settle Lisa Marie Presley’s estate
Priscilla Presley has had her settlement with granddaughter Riley Keough, concerning her daughter Lisa Marie Presley’s estate, approved by the courts.The settlement states that Priscilla can now be buried as close to her ex-husband Elvis Presley as possible at the Graceland estate when she dies, and that her son Navarone Garibaldi can participate in the memorial ceremony.“Riley agrees to allow Priscilla to be buried upon her death in the Meditation Garden of Graceland. The burial location will be at the location closest to Elvis Presley without moving any existing gravesite,” reads the official settlement.As reported by Rolling Stone, the agreement has been confirmed in a probate court in Los Angeles County, and signed off by a judge, thereby avoiding a potentially long and costly legal battle.In addition, Priscilla is set to receive a $1 million (£810,000) payment from Lisa-Marie’s $25 million (£20.2 million) life insurance trust, as well as $100,000 a year for the next ten years for her services as “special advisor” to Elvis Presley Enterprises, Inc.The settlement further states that Keough “agrees to use her best efforts to ask Elvis Presley Enterprises, Inc., or any successor thereof, not to pursue litigation against Priscilla related to her name, image and likeness.”The conflict between Priscilla and actor Keough arose around the sudden death of Lisa Marie Presley in January this year, which threw the inheritance of the Presley estate into question.