Scientology has gotten millions from Priscilla and Lisa in their lifetime and their money came from Elvis so late for that but hopefully this ends now.
@@janetcoombes8483 Very true. This is why Priscilla only joined them after he died, he would never have allowed her to drag Lisa into that cult if he were still alive.
I imagine Lisa-Marie expected to outlive Priscilla. I don't think she was being malicious to leave her mom out of the will. She probably listed Riley as her executor or trustee because it is typical to designate the oldest child for that role.
Yes, you're quite right there, I've designated my eldest child, she knows what's to be done when I die. I wouldn't leave my mother anything except a few small things that she'd like and a few other things up to a certain monetry value and dad can also have a few things up to a certain monetary value My mother and father are quite wealthy in their own right, and they would definitely expect me to leave everything to my children.I think most people would leave everything to their children. I have a will already made, so hopefully when I snuff it everything will go smoothly.
I've heard rumors Lisa was on her third liver transplant. Probably just rumors. I'm sure rich celebrities don't go to China and get prisoner transplants on the down low when they blow their livers out with drugs and alcohol.
As the designated executor for a couple of elderly people, I know that attorneys recommend designating a younger person to this job. This is only because people that are older/same age might not outlive the will’s owner. Sadly, sometimes this is not the case.
Priscilla's spin on the estate was that she brought it back from the edge and turned it into a big successful franchise . And helped mamage, even after Lisa was 18, because she had the experience and was willing to do the job. She managed it for so long that maybe she feels some ownership (and emotional attachment) of the estate, since she was involved so long. Wasn't/isn't she married to the manager listed in the ammendment along with her? That might have been an issue. Regardless, that guy started helping her manage it at some point. I'm sure Priscilla isn't broke, but it's the loss of her business 'baby' , controlling her ex's estate and of course the loss of her child. Loss of control, at a time like this can eat you up. A terrible time for her and Riley. Hope the hell $ci stays out of it. Bet they would love to get that estate! I wish the family could work it out for the best of all. They have enough to handle as it is. And Riley could use her advice and someone to run it, if Riley's not interested. It's a full time job for a young person. Sad.
I would think Priscilla has enough of her own money and she would want her grandchildren to be properly financially taken care of. I can't help but question Priscilla's intent with all this.
@juliapatricia6223 Do you know they all got out together in 2014. And the funniest part of this is people hate on that church. But your supporting it when you watch tmz. And one tabloids. So where people are saying she hated being in that church. But yet your supporting it.
I read Pricilla was paying herself $900,000 in fees to manage the trust. Literally funneling money from the estate and Lisa Marie had a major falling out with her because of that.
I met Priscilla Presley twice. She would travel to NYC during the Christmas holidays to buy gifts at Bergdorf Goodman’s where I worked during high traffic holidays. Anyway, she collected French ormolu items and I recalled this from the year before. I’ve never been into Elvis Presley nor was star struck by Priscilla. I remembered stating to her that there were French ormolu items in a specific area and she coldly asked “Why would I know what she’d would be looking for?” I simply stated that she bought French ormolu last year and walked away. If she had been a unknown customer that I remembered buying specific items from the year before, I would haves assisted them with the same courtesy. I have no idea where I’m going with this rambling! 😂 Perhaps I felt she was unnecessarily rude but then again there’s such a big hoopla over the Presley family. It’s incredibly sad the Lisa Marie died so young and her son as well. Bottom line, money can relieve financial stress but it certainly doesn’t buy true happiness. I’ve met many ultra wealthy people who are lonely and unhappy in this world.
Damn, that’s the thanks you get for providing excellent customer service, huh 💀 well if you were my employee I’d be giving you a promotion for your attention to detail
Have a little empathy here. She was a bit of a celebrity and you - a stranger to her - knew something personal about her. Imagine ladies, if you were approached by a man whom you didn't know, knew a personal thing about you. You wouldn't be suspicious about this fella knowing something about you he normally shouldn't? You wouldn't think that he might be a stalker or something like that?
I don't think Lisa was being malicious about anything. I mean unless she had some underlying illness, the circle of life is usually the parent goes first. Not always but usually.
The liver diseases affecting the heart include complications of cirrhosis such as hepatopulmonary syndrome, portopulmonary hypertension, pericardial effusion, and cirrhotic cardiomyopathy as well as noncirrhotic cardiac disorders such as high-output failure caused by intrahepatic arteriovenous fistulae.
From what they have been reporting LM was millions in debt but the huge amount of life insurance she had will pay off the debts and still leave a good chunk to her kids. Priscilla is just mad she won’t get to skim money off the trust.
Elvis historian here. Yes Priscilla was made co-Executor of the trust/estate by Vernon Presley just before his death in 1979 along with some bankers in Memphis. When LMP became 25 she became the sole owner of EP Enterprises, etc, however she maintained her Mother as co-Executor/Trustee. LMP then sold 85 % of EP Enterprises for 100 million about 10-15 years ago to Mr. Weinshanker who hosted her funeral/celebration of life and was often by her side at events. She maintained complete ownership of the house/property (Graceland) and all EP's personal items forever! She passed with debt but value of EPE and Graceland!
In 2005, Lisa sold 85% of EPE to, a man named Sillerman. Joel Weinshanker bought EPE in 2013. Joel Weinshanker said that he has been business partner and friend to Lisa for about 10 yrs.
Correct indeed. I eliminated the 1st sale to shorten comment since J. Weinshanker has control now. Thx for adding!!! The whole story is tragic and my condolences abound!
When Lisa made the Amendment she did so quietly to avoid Lockwood being able to get his hands on ANYTHING with Presley attached. He has been suing her for money since they filed for divorce. Her Mom has always ran Graceland. She built Graceland to what it is today. That said, She also sold her $32MILLION DOLLAR estate to help Lisa pay off her debt, fight for 60% custody of her twins, settle their divorce and pay her legal fee's. Riley is married, has a baby and good head on her shoulders. This was the PERFECT case scenario. Lisa is the 9th person in her family to die before 55. She KNEW her time was getting near and she was making sure that last Gold digger could not touch what her Mom worked her entire life to save. The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid. It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment. While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020. The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect. The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother. WONDERFUL idea. Priscilla is the face of Graceland and has been since Elvis died. Lisa has only handled Elvis grave & Birthday celebration maybe 3 times her entire life.
@@kelliintexas3575 yes I am very aware. Been visiting Graceland since 1967 before it opened to the public. Went to Vegas to see EP in 1971 at 15 and again 1973. Lifetime fan. Read all about this crap. But still want peace for the family. Generational curses need to be broken! Blessed day to you.
Scientology should NEVER BE ABLE TO EVER TOUCH ANYTHING THAT HAD TO DO WITH ELVIS’S ESTATE! They need to just go away and not have anything to do with anything Presley related!!
I agree with part of what your saying. Was she really out of S. Because they are the ones that called and told her to attempt to pay off the rape victim. And if you read the article it had already been decided she did not know enough to testify against them. Look it up. And while people are saying she was miserable with that church. Every time you watch tmz or buy a tabloid you are putting money in their pockets.
BTW. although I've never been a Scientologist, I find your videos informative and interesting. Thanks for making them and informing us about this crazy cult.
People keep saying cult they have 800 thousand members. Your saying that many people can be brainwashed. And if she was so miserable than why didn't she get out sooner. And if she was afraid she would give it to the church. Then why didn't she talk to her woman to woman. Same thing with removing her as trustee. And before people say they weren't talking. You wouldn't of put that aside long enough to have a conversation about your father legacy. Sounds pretty petty to me. And she left her will wide open for her husband to get the girls money. So the spite that is going to P. Based on her daughter pettiness. Is pretty ridiculous. And just so you know when people based comments based on tmz and a tabloid. Guess what Scientology owns them.
I'm not even sure where to start....this conversation would have been better served by a 5 minute explanation of Elvis' estate and the history. A good chunk of what the guest said doesn't apply. Elvis' image, record sales etc is off the table. 85% of EPE was sold in 2005. Lisa retains a 15% interest. HOWEVER, she retained full ownership of Graceland and it's contents. In multiple interviews she made it crystal clear that Graceland would always remain in the family and that when she dies it is in a trust for her children. Where it gets messy/complicated is that Priscilla has rewritten history and the majority of people actually believe it to be factual now. Everything I'm about to say is 100% provable, if anyone cares about the truth. When Elvis and Priscilla got divorced, she agreed to stop using the Presley name and to have no say in any of his dealings. Vernon had appointed 2 well respected businessmen to handle EPE after his passing. (Please see full details on the Official Graceland site). On his deathbed, Priscilla convinced Vernon to include her for Lisa's sake. PRIOR to Vernon's death, he and one of the men were in talks with the City of Memphis about opening Graceland to the public (you can find several pics of stories online documenting this). Vernon got too ill, and when he passed, HE (the named businessman) is the one who was appointed by the Court as the business & financial Guardian for Lisa Marie. HE is the one who suggested they continue with the plans to open Graceland. The only change was rather than do it with the City of Memphis, they did it with an expanded EPE. Priscilla has taken credit for decades for saving Graceland, when she had nothing to do with it, beyond agreeing. Should I continue? Maybe just a few more key facts. I'll assume anyone reading this is interested. Shortly after Vernon died, she started using the name Presley again, because who could stop her? (She also spread vicious, salacious lies about Elvis & how he treated her, both in print & on the TV talk show circuit. She has backstepped on all she said, but some of us heard it, and still have the book). She was with another man for 30 years and had a son (who Lisa couldn't stand, and vice versa). She refused to marry him to keep the Presley name. She has been on the EPE board of Directors (highly paid) since shortly after Elvis' death until today, including post sale. AND she gets tons of credit for doing interviews etc, but folks overlook she is a PAID spokeswoman for EPE. I can't prove this, but it's long been said Lisa wanted to play more of a role, but her Mother pushed her out and wanted to remain "The Queen" of The King's estate. Ironically, he hated that nickname & said there is only one King, the Lord above. Ok that's the basic FACTS. Oh one more. Folks are guessing she is doing this to keep Michael Lockwood's grubby hands off the money. If anything it is the opposite. She and the Mad Hatter were/are close, she supported him over Lisa in the divorce for most of the time, and he flew on her private Jet to the Memorial (whereas Riley flew separately). This is a complicated mess, but what Grandmother sues to undo her daughter's wishes, esp when it is against her very own Granddaughter????
Wow. So much to take in. I admit I prob won't go looking for the proof of everything you just typed BUT I will admit that it isn't difficult to believe. Mainly because we now know of PP's deep involvement- and clout- in CoS. Nothing good could come from that! I don't want to judge... but I can't help but feel disappointed with PP and protective of LM and her kids. CoS has been nothing but nasty to her family. And everyone deserves better! This is messy but tragic, too, for LM.
Well said. I really can’t dispute any of your points here. I’ve definitely been aware of all this. I’m not trying to undermine PP achievements but I’ve always felt that she’s been given way too much credit for Graceland’s success. Priscilla was basically in a way handed a done deal with Graceland when Vernon Presley died.
Great video, A-Aron. Did youtube straighten out the mess with the algorithms? I seem to be getting the usual amounts of video recommendations for your content. Zac - It's always lovely to hear from you. You're a super legal explainer, and I'm looking forward to your channel!
Pray that the Church of Scientology gets all her assets. Truly, Elvis would have wanted his money to support a cause or org that helps people improve themselves.
Priscilla is 77 yrs old. Why would she want that responsibility or why would a grandmother challenge and want to control her grandchildren in this highly emotional time.
One of the Scientology schools Lisa Marie was "offloaded" to was Mace Kingsley of the infamous Mace Kingsley Ranch School featured on Leah Reminis Aftermath show. Lisa was not at "The Ranch", but attended at Debbie and Carols house in East Los Angeles. I am not sure if she was one of the kids locked up in Debbies house. She would have been about 16years old.
Thanks for having this challenge of Lisa Marie Presley's estate explained. Between clickbait and paywalls, getting an explanation from online news media seems to range from problematic to incomplete or just plain incorrect.
I haven't been able to comment, but please know you and , Mark, Claire, Mike and all the fellow ex scientoligists, you have brought into my life are the reason these atrocities of COS are being heard. Respect the hell out of you all. Thank you
This is just so sad. Priscilla can't even stop her control issues now that Lisa Marie is gone. She should have been there for her daughter while she was alive and made her a priority.
She was with Lisa Maria at that movie preview and anyone could see that poor girl was very ill. If that was my child regardless of age I would be dragging her to Hospital. The poor girl need help and no one was there for her especially her mother.
@@d.b.595 I totally agree and honestly, I think that movie hastened her death. She was already heavily in mourning for her son and watching that movie probably just sent her over the edge. I've seen the movie and to me it's pretty unsettling.
@@HippieSoul77 Yeah, I found it weird LM was so supportive of the film. I thought it was PP who wanted this movie done. I haven't watched it, and I'm not versed in the Elvis story but I did read about his cousins being left out of the film which felt intuitively wrong! Elvis loved his people! So, my impression was that this was a manipulated version of the facts as it fit PP?
People need to remember that when Elvis died, he was considered broke with only $5million to his estate. He completely overspent his wealth and almost was down to nothing and he left that money to his mother, father and Lisa Marie. After the grandparents died, it was down to about $1million and Priscilla was the one that turned that into a $100million estate. She was a brilliant businesswoman and was able to make wise decisions on her daughter's behalf and I don't think that what she's attempting to do is done maliciously in the least.
Um, no. She was the spokesperson, but many things you credit her for were already set in stone by Vernon and the financial guy who was executor alongside her
From my understanding LM sold most of EP Enterprises. Something like 85%. Having 4 kids I wouldn’t have sold that much but she was deep in debt. She still owns Graceland. I have to wonder if it has more to do with the twins being under 18 and their dad not getting anything.
The most confusing part was the sale price. They sold 85% for 114 million. EVERYONE questioned this price, as it seemed very low, considering earning potential. IE when they redid the area at Graceland there is now a huge auditorium. There as long been talk (Lisa herself discussed it, as did Priscilla) that when the technology is good enough, there are plans to do an Elvis holographic show. That alone would earn countless millions. PS keep in mind Priscilla is VERY close to Michael Lockwood, the twins Dad and sided with him in court over Lisa. So if anything, she is doing this to direct money to him! I can't fathom what mother would go against her adult, independent and quite capable Granddaughter???
Big hint to the twins: They can emancipate themselves from Poppo bc in CA that age is 14. Who knows? Maybe they like their dad who made mommy's life hell. Helped push her into her grave.
But the selling of 85% was before there was a issue about debt. Sale wasn’t as a result of it of those issues. That sale & partnership with the corporation that brought it payed her a large lump sum. But part of that deal was to increase the EPE brand and she retained stock in EPE which means she still had a stream of income after the sale. And that was back in 04, long before financial issues in 2018.
Graceland was in dyer state when Priscilla stepped in. She SAVED it!!! The other trustees said Graceland must be sold in order to pay taxes. She refused and thus entered Jack Soden. They opened Graceland as a touring site. They had no idea how successful it would be. They got back all they put into it to open within first month. Lisa wouldn’t have had Graceland if it weren’t for Priscilla.
If I remember correctly, when Elvis died Priscilla gathered together a team of people to build the Elvis empire so it is not a surprise that she feels ownership. However, family dynamics are always tricky so who knows what was going on between Priscilla and and Lisa Marie.
It was one report that Priscilla and Lisa Marie Presley had not spoken in a few years. Some people were surprised to see them sitting together at the Premiere of Elvis's movie.
I think it's more about letting go. Priscilla has forever hung onto Elvis through lisa marie and Graceland. I'm sure it devastated her these changes. And if the courts do honor lisa marie wishes, where does that leave Priscilla. The kids cd sell the remainder 15% and quite possibly ownership of Graceland. I wonder if because of Lisa's death, it voids the contract in place for the tourists extra.
Also, Elvis died August 16, 1977. I remember watching television when it was announced. I also remember seeing the funeral procession to Graceland. All the people crying and touching the white hearse. I am 1 year and 19 days younger than Lisa Marie.
I'm around ten months older than Lisa Marie and remember the newspapers reporting his death. I grew up watching Elvis films absolutely loved them and my heart went out to Lisa Marie.
Susan is right. I tell you Susan..unknowingly, I walked into their office in Clearwater, Florida in 1985. Thinking back, what I heard thru those walls (as I filled out work paperwork) shook me up pretty bad. One whit shirt, trimmed in gold arm band, was reading out the worker who walked in. Why weren't you at the meeting last night? I was invited to return and watch a movie. When I returned to my in laws home mymother-in-law said, "Don't you go back there." I did not. The S had bought up all that downtown area before the causeway and Clearwater Beach and motel an converted it to their own little city. I have my own feelings about their way and those who belong.
I am no kind of a lawyer, so I am always interested in how these kinds things are handled. Especially with changing circumstances, things do not go perfectly but are predictable in the aftermath as the changing circumstances come in to pay.
If Priscilla is indeed still a Scientologist, I suppose it's possible Lisa Marie made this move because she knew exactly where the money would end up if she did not. Then again, I'm just speculating my ass off and I doubt Lisa Marie gave an abundance of thought to the idea of possibly perishing before her mom.
I didn’t think she was contesting what was left to her, but contesting who has control of decisions about Graceland and money generated by Elvis’ music, likeness etc.
Enjoy your shows. Although you say you grew up in cult type atmosphere, have to say you are such a kind nice fellow. You seem to have bounced back? But maybe took a lot. Thanks for insight as always🙏💕
@@JohnDough-yr2zt what part of cult do you not understand? Like he lol l it works, they destroy families and take and take and take money from people. Even poor people. They convince people to give them as much money as possible because it’s a so called religion and it’s actually a cult. Plus they treat people terrible that work in that cult.
@@JohnDough-yr2zt Hubbard plagiarized some valid psychotherapy and psychology, as well as wisdom from other religions and scholars. He then claimed as his own "technology" and sold it, mixed in with his drug induced fantasy, for hundreds of thousands of dollars. So in that sense Scientology works to make Hubbard rich.
So true about keeping your will up to date. Relatives can get ugly when their grieving and money is at stake. My grandfather made a will 30 plus years prior to dying and now my sister and I are stuck with 1992 value child support like monthly payments. I'm sure that's not what he had in mind
@@debbielockhart7762 I'm sure she has enough money to see herself through comfortably. And then to leave it to the grandkids you're trying to take it from? Sounds like flat out greedy and controlling
When Lisa inherited Elvis’ estate, it was Priscilla who managed it and reportedly turned the estate from potential bankruptcy into a huge profit. Even after Lisa inherited the trust fund, Pricilla was still on the Elvis business payroll.
I believe it was Vern Elvis father who acted as the business portion of the estate. Priscilla and Elvis were divorced by the time of his death... I don't think she had any control until Vern died... Remember Elvis's estate was not valued very high when he died. In the 1980s Col Parker was also sued by Elvis estate.... The Elvis story is as complicated as Sciencetology
When Lisa made the Amendment she did so quietly to avoid Lockwood being able to get his hands on ANYTHING with Presley attached. He has been suing her for money since they filed for divorce. Her Mom has always ran Graceland. She built Graceland to what it is today. That said, She also sold her $32MILLION DOLLAR estate to help Lisa pay off her debt, fight for 60% custody of her twins, settle their divorce and pay her legal fee's. Riley is married, has a baby and good head on her shoulders. This was the PERFECT case scenario. Lisa is the 9th person in her family to die before 55. She KNEW her time was getting near and she was making sure that last Gold digger could not touch what her Mom worked her entire life to save. The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid. It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment. While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020. The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect. The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother. WONDERFUL idea. Priscilla is the face of Graceland and has been since Elvis died. Lisa has only handled Elvis grave & Birthday celebration maybe 3 times her entire life.
All well explained yet you left out one huge fact: Priscilla is not entitled to trusteeship, was never the rightful heir or owner of Graceland and did not build it up for Lisa, she built it all up to coast on Elvis' legacy in order to earn an income from what Elvis left for Lisa. Scientologists did the work, Priscilla was the face and took the credit. Scientologists own more of Elvis' estate now than any Presley; Elvis would turn in his grave because he hated Scientology! I have come across information that shows that Priscilla has not been very truthful about a lot of things. Friends of Lisa have come forward to reveal that Lisa and Priscilla were estranged and that Lisa did not feel that Priscilla had her, Lisa's, best interests at heart. Lisa banned Priscilla from Graceland which left Priscilla out of Elvis' 88th birthday commemoration and refused to be escorted by her mother or sit next to Priscilla at the Golden Globes. In my view Priscilla was not entitled to keep her trusteeship over Lisa's inheritance from Elvis' estate after Lisa turned 25 and she is not entitled to a trusteeship of her daughter's estate now either. It is in poor taste to fight over money when your child has not even been buried for a month, especially when you already have a nest egg of $50million in the bank.
I see massive greed in Priscilla, from her brief grief over Lisa Marie to older video clips of her giving grief to anyone asking her about Elvis, big change now,
For everyone thinking Graceland is a cash cow that will provide an income for generations, think again. The people who were actually able to see Elvis perform live (like my mother) are dying off. The family of Roy Rogers and Dale Evans reached a point with Roy and Dale's museum and legacy where they had to admit that the draw was no longer there and sold everything off. Lisa Marie already sold off the largest part of her father's catalog and his aircraft years ago. Does Priscilla have time to build it back up or can she just hope to get everyone debt free, encourage everyone to live reasonably, create a college fund for the girls and encourage the girls to work at well paying jobs?
Exactly, a lot of kids now a days don't really know who Elvis is/was nor understand his importance to the development of rock music. And all the older rock musicians who were definitely influenced by him are dying off now too. I had to explain to a kid at Best Buy once who Fred Astaire was cuz I wanted to buy a few of his movies . We are all forgotten eventually, it's just that some of us it takes a little longer.
I have a feeling this has more to do with the personal relationships she has had for decades with the staff running Graceland - not so much the day to day staff but the ones that have been around as long as her who deal with elvis’ music catalog and maintaining his legacy and how that relates to Graceland. She has been personally invested in this the majority of her life. It’s hard to let go.
Priscilla created EPE in 1982 & got it up to $100m+ in 2005. That was a completely different entity from Graceland. It's what was Boxcar (1956) while Elvis was alive and it was all the merchandise across the street after his death. Got Graceland up to $300m. & just built a $619m entertainment complex across the street. She has done a PHENOMENAL job.
@@kelliintexas3575 He already has. He blew through 100 million of Lisa's money that Prissy signed off on. Lisa sued him, and the case is on the internet. Breach of fiduciary duty and fraud!
Understanding how religious Elvis was, he would be turning in his grave at the thought of his estate being left to Scientology. Priscilla is obviously looking out for herself.
After 52 years of living off elvis' name and Lisa's inheritance ie executor fees she's proven her greed. Elvis left her zero because she left him in 1972 for her lover and he moved on to other women happily, not forced relationships. He had no plans of reconcile. Vernon said he planned on marrying ginger and having kids with her especially a son. Priscilla chased him, said she was 16 then blackmailed him to charge him if he didn't marry her period. Got fame, riches for 52 years. Cost Lisa her fortune by spending alot, putting her buddy seagul in charge who didn't pay any of Lisa's bills or taxes, took lockwoods side then brought him to Lisa's memorial when he's Lisa's enemy still fighting for money and put Lisa in the grave. Lisa was estranged was Priscilla since 2016 just together lately but look close. They weren't close
Priscilla Sold her $36M estate for Lisa's legal debt. Priscilla has worked and Managed Graceland since Elvis died. So her Mom is fighting to be on the trust cause this has been her career DAILY. Lisa has never been involved with Graceland really. She has done her thing and raised her kids. Priscilla travels and works on Elvis' legacy DAILY. So this is a massive deal for her. I really don't know what to think, seems like the paper is fake. Priscilla is who handles EVERYTHING. No changes are made without her. So BIZARRE. I do know her and her Mom had a falling out for a few months when she relapsed and had filed for divorce, lost custody of the last two girls for a years or so. That's the same time this was filed. Maybe she did it to protect Graceland from Lockwood. I would almost bet my life on it. She said in December Graceland will never be sold due to the clause and the way its written. She said I will be buried here and so will my kids, kids. 🤷🏻♀️
I’ve seen several reports that Lisa Marie’s daughter is in Scientology. That Pricilla and Lisa Marie had left but in order to not have to disconnect from Riley. If true that would make sense. Also that would mean there was more of a risk with her daughter than her mother of giving control of Graceland to Scientology. Lisa Marie would not misspell her mother’s name.
Didn't Lisa Marie Sue, the manager/lawyer for mishandling her estate,the same guy who is on the lawsuit with Priscilla, also Lisa Marie didn't have much money due to legal fight for custody of twins
That's him. Seems they removed, her and left him. 🤔 Imagine that. Priscilla Sold her $36M estate for Lisa's legal debt. Priscilla has worked and Managed Graceland since Elvis died. So her Mom is fighting to be on the trust cause this has been her career DAILY. Lisa has never been involved with Graceland really. She has done her thing and raised her kids. Priscilla travels and works on Elvis' legacy DAILY. So this is a massive deal for her. I really don't know what to think, seems like the paper is fake. Priscilla is who handles EVERYTHING. No changes are made without her. The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid. It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment. While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020. The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect. The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
I was wondering when Pricilla, was calling out Lisa Marie's signature if it was Sciencetolgy pushing this from behind the curtain. We know Riley is in, but what about the twins, where they raised in Sciencetolgy? And the twins father is he in Sciencetolgy? There must be a reason, because Pricilla has kept the estate making money all these years. So very strange and interesting 🤔🤔🤔🤔
Pricilla needs money to continue to feed the engine of Scientology. I would assume this. She has been so many interviews over the years taking about the same thing. Elvis. Priscilla has been feeding off the Elvis teet for years.
I've wondered if this rift is to do with the fact that both she and of course Lisa Marie actually knew Elvis and she feels it's still her "duty" to the home she once lived in and the legacy? The grandchildren five have that "link". Sometimes, it's hard to let go of the past.
court documents filed as part of Lisa Marie’s divorce battle with her ex-husband Michael Lockwood. As we first reported, the two had been battling over child support for the past year. However, last year, Michael went back to court claiming Lisa Marie was flush with cash. He said she received a $1 million advance for a tell-all book and was pulling in additional funds from the release of the film, Elvis.The two had recently reached a settlement where Lisa Marie agreed to pay $6k a month to Michael for their 14-year-old twins, Harper and Finley. Lisa Marie and Michael were married in 2006 and split in 2016. Lisa Marie had avoided paying child support for years due to her finances being a mess. He also believed that Lisa Marie was in control of a trust set up by Elvis worth $60 million cash. In court documents, he also pointed out that she still had ownership in Graceland and a separate hotel owned on the property. This was Avoiding Lockwood 100%
It is my understanding that Lisa went through the cash assets extremely fast and even had serious debt issues. I believe Graceland was left in trust, but it was Priscilla that turned things around to open Graceland to the public and it became a money maker. Priscilla did all the work. I believe it is still a Trust that's being left to Lisa's kids. But Priscilla did work hard to keep Elvis's memory alive so I can see how she might be surprised
You understand wrong. Lisa fired and sued her manager for mismanaging funds, and removed both the manager and her mother at the same time. She then put her children in as her trustees. Now this greedy woman who has been sailing on the Presley name for decades is going after her own granddaughter to wrest control from her. It's sickening.
That sounds like a missing puzzle piece that makes this whole thing make a bit more sense. I think it's important to remember that Lisa Marie has battled addiction pretty much her whole adult life and addicts aren't known for being the most fiscally responsible people. Thanks for that, Miki (another cute name). 💞💞💞
$100mil in 25 years = $4mil a year. Absent investments and gain on principal. How would your books look if you had a coterie of dinglberries, a rapacious "church tithe", rehabs, private security, agents, managers, taxes.... I HOPE she finagled her money away from lockwood's reach.
@@dsoule4902 Yeah, wealthy peeps have bills us regular people don't even think about, like you say, security and such. Add a drug habit on top of those things and I guess you could zip through some dough pretty quick!
Elvis’s estate grew because he was dead and could not spend the money that was coming in. Pricilla did not grow the Estate, but she knew how to keep her fingers in the pie.
So, I was a wills and estates lawyer for over 10 years. In the common law jurisdictions (UK, Australia etc) it is common for a will to create a trust and the will then appoints executors and trustees. (These are called testamentary trusts). If a will is potentially giving gifts to minors or someone who has not yet reached a specified age, then it is common for that gift to be held on trust by a trustee until the beneficiary reaches the specified age. So, it is not that weird to me to hear that a will appointed particular persons as trustees for a testamentary trust.
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid. It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment. While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020. The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect. The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
She should be trying to offer help to her granddaughter not trying to take what Lisa Maria wanted. I hope she doesn't get away with it. Riley is an adult and should be given a chance. Priscilla should be ashamed. Regardless on what Lisa Maria did when she was alive she said her Children get everything not her Mother.
Oh my goodness, great point! Even if it's true that PP has the business acumen- why not accept and support her own grandchild as trustee. It doesn't smell right
Priscilla Sold her $36M estate for Lisa's legal debt. Priscilla has worked and Managed Graceland since Elvis died. So her Mom is fighting to be on the trust cause this has been her career DAILY. Lisa has never been involved with Graceland really. She has done her thing and raised her kids. Priscilla travels and works on Elvis' legacy DAILY. So this is a massive deal for her. I really don't know what to think, seems like the paper is fake. Priscilla is who handles EVERYTHING. No changes are made without her. So BIZARRE. I do know her and her Mom had a falling out for a few months when she relapsed and had filed for divorce, lost custody of the last two girls for a years or so. That's the same time this was filed. Maybe she did it to protect Graceland from Lockwood. I would almost bet my life on it. She said in December Graceland will never be sold due to the clause and the way its written. She said I will be buried here and so will my kids, kids. 🤷🏻♀️
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid. It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment. While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020. The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect. The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
court documents filed as part of Lisa Marie’s divorce battle with her ex-husband Michael Lockwood. As we first reported, the two had been battling over child support for the past year. However, last year, Michael went back to court claiming Lisa Marie was flush with cash. He said she received a $1 million advance for a tell-all book and was pulling in additional funds from the release of the film, Elvis.He also believed that Lisa Marie was in control of a trust set up by Elvis worth $60 million. In court documents, he also pointed out that she still had ownership in Graceland and a separate hotel owned on the property.The two had recently reached a settlement where Lisa Marie agreed to pay $6k a month to Michael for their 14-year-old twins, Harper and Finley. Lisa Marie and Michael were married in 2006 and split in 2016. Lisa Marie had avoided paying child support for years due to her finances being a mess. She was avoiding her gold digger ex.
God!! Can you just imagine Priscilla getting it and then leaves it to bloody scientology, instead of guaranteeing her grandchildren a secure future. Especially the youngest girls.
Why isn't anyone thinking that most children think they will live a long life and out live their parents, usually that's how it works, so it would make sense that she would leave it to her own children, if she knew that her mother would out live her, I think the situation would be different
You should compensate the Trustee of your own Trust. They take off time from work, maybe fly in from another state, fix your home up so that it’s ready to sell, go through all of your stuff and disperse it to who you’ve chose to receive, contact all of the banks where you have accounts…… just the energy alone arranging everything so that your trust is executed the way you want it, is definitely worth something. The time it takes a Trustee to execute a trust is more than anyone realizes. Do the trustee a favor and compensate them for their work after you’re gone. :)
It would break my heart to think Scientology got its greedy hands on any of Elvis’s estate.
I know. Scientology is so evil
You will have Priscilla to thank for that.
Scientology has gotten millions from Priscilla and Lisa in their lifetime and their money came from Elvis so late for that but hopefully this ends now.
Elvis really disliked Scientology and would have nothing to do with it
@@janetcoombes8483
Very true.
This is why Priscilla only joined them after he died, he would never have allowed her to drag Lisa into that cult if he were still alive.
I imagine Lisa-Marie expected to outlive Priscilla. I don't think she was being malicious to leave her mom out of the will. She probably listed Riley as her executor or trustee because it is typical to designate the oldest child for that role.
Good point. Lisa Marie wouldn’t have thought that her mother would outlive her. Probably wouldn’t have crossed her mind to leave anything to her mom.
Yes, you're quite right there, I've designated my eldest child, she knows what's to be done when I die. I wouldn't leave my mother anything except a few small things that she'd like and a few other things up to a certain monetry value and dad can also have a few things up to a certain monetary value My mother and father are quite wealthy in their own right, and they would definitely expect me to leave everything to my children.I think most people would leave everything to their children. I have a will already made, so hopefully when I snuff it everything will go smoothly.
I've heard rumors Lisa was on her third liver transplant. Probably just rumors. I'm sure rich celebrities don't go to China and get prisoner transplants on the down low when they blow their livers out with drugs and alcohol.
As the designated executor for a couple of elderly people, I know that attorneys recommend designating a younger person to this job. This is only because people that are older/same age might not outlive the will’s owner. Sadly, sometimes this is not the case.
Priscilla's spin on the estate was that she brought it back from the edge and turned it into a big successful franchise . And helped mamage, even after Lisa was 18, because she had the experience and was willing to do the job. She managed it for so long that maybe she feels some ownership (and emotional attachment) of the estate, since she was involved so long. Wasn't/isn't she married to the manager listed in the ammendment along with her? That might have been an issue. Regardless, that guy started helping her manage it at some point. I'm sure Priscilla isn't broke, but it's the loss of her business 'baby' , controlling her ex's estate and of course the loss of her child. Loss of control, at a time like this can eat you up. A terrible time for her and Riley. Hope the hell $ci stays out of it. Bet they would love to get that estate! I wish the family could work it out for the best of all. They have enough to handle as it is. And Riley could use her advice and someone to run it, if Riley's not interested. It's a full time job for a young person. Sad.
It would make sense for Elvis to leave everything to his daughter. Priscilla was his ex-wife, Lisa Marie was his daughter for life.
It's amazing when there's money involved its horrible people are so greedy
My thoughts exactly why would a grandmother want to take from her grandchildren? SELFISH
Agatha Christie loved will stories.
Agatha Christie loved will stories.
I would think Priscilla has enough of her own money and she would want her grandchildren to be properly financially taken care of. I can't help but question Priscilla's intent with all this.
She has to give her money to Scientology.
I think the twins drug addict father could spend all of the twins money. Just a thought!
She may be wanting to protect the estate from Lisa Marie's last former husband. If so, that'd be a worthy goal.
@River in Tha 901 She's worth 50 million plus. She has more than all her grandchildren do.
@juliapatricia6223 Do you know they all got out together in 2014. And the funniest part of this is people hate on that church. But your supporting it when you watch tmz. And one tabloids. So where people are saying she hated being in that church. But yet your supporting it.
I read Pricilla was paying herself $900,000 in fees to manage the trust. Literally funneling money from the estate and Lisa Marie had a major falling out with her because of that.
I met Priscilla Presley twice. She would travel to NYC during the Christmas holidays to buy gifts at Bergdorf Goodman’s where I worked during high traffic holidays. Anyway, she collected French ormolu items and I recalled this from the year before. I’ve never been into Elvis Presley nor was star struck by Priscilla. I remembered stating to her that there were French ormolu items in a specific area and she coldly asked “Why would I know what she’d would be looking for?” I simply stated that she bought French ormolu last year and walked away.
If she had been a unknown customer that I remembered buying specific items from the year before, I would haves assisted them with the same courtesy.
I have no idea where I’m going with this rambling! 😂 Perhaps I felt she was unnecessarily rude but then again there’s such a big hoopla over the Presley family.
It’s incredibly sad the Lisa Marie died so young and her son as well. Bottom line, money can relieve financial stress but it certainly doesn’t buy true happiness. I’ve met many ultra wealthy people who are lonely and unhappy in this world.
does not surprise me she reacted so rudely....she coasted on her ex hubby's $$ and reputation her whole life.
Damn, that’s the thanks you get for providing excellent customer service, huh 💀
well if you were my employee I’d be giving you a promotion for your attention to detail
Have a little empathy here. She was a bit of a celebrity and you - a stranger to her - knew something personal about her.
Imagine ladies, if you were approached by a man whom you didn't know, knew a personal thing about you. You wouldn't be suspicious about this fella knowing something about you he normally shouldn't? You wouldn't think that he might be a stalker or something like that?
@@Inquisitor6321 Not if he worked in a shop. Where she’s shopped before. It went right over your head this one didn’t it??
@@Inquisitor6321 society shouldn’t be excusing people being an asshole. It was unnecessary what Priscilla said and you know it.
I don't think Lisa was being malicious about anything. I mean unless she had some underlying illness, the circle of life is usually the parent goes first. Not always but usually.
The liver diseases affecting the heart include complications of cirrhosis such as hepatopulmonary syndrome, portopulmonary hypertension, pericardial effusion, and cirrhotic cardiomyopathy as well as noncirrhotic cardiac disorders such as high-output failure caused by intrahepatic arteriovenous fistulae.
The Keebler Elf wants to own Graceland so he can hang out with Tom Cruise in the Jungle Room! 😜
😯 Juicy!
6.6.
Wonderful 😆.. Just Wonderful😁😅🤣✌️
💥
From what they have been reporting LM was millions in debt but the huge amount of life insurance she had will pay off the debts and still leave a good chunk to her kids.
Priscilla is just mad she won’t get to skim money off the trust.
Elvis historian here. Yes Priscilla was made co-Executor of the trust/estate by Vernon Presley just before his death in 1979 along with some bankers in Memphis. When LMP became 25 she became the sole owner of EP Enterprises, etc, however she maintained her Mother as co-Executor/Trustee. LMP then sold 85 % of EP Enterprises for 100 million about 10-15 years ago to Mr. Weinshanker who hosted her funeral/celebration of life and was often by her side at events. She maintained complete ownership of the house/property (Graceland) and all EP's personal items forever! She passed with debt but value of EPE and Graceland!
In 2005, Lisa sold 85% of EPE to, a man named Sillerman. Joel Weinshanker bought EPE in 2013. Joel Weinshanker said that he has been business partner and friend to Lisa for about 10 yrs.
Correct indeed. I eliminated the 1st sale to shorten comment since J. Weinshanker has control now. Thx for adding!!! The whole story is tragic and my condolences abound!
When Lisa made the Amendment she did so quietly to avoid Lockwood being able to get his hands on ANYTHING with Presley attached. He has been suing her for money since they filed for divorce. Her Mom has always ran Graceland. She built Graceland to what it is today. That said, She also sold her $32MILLION DOLLAR estate to help Lisa pay off her debt, fight for 60% custody of her twins, settle their divorce and pay her legal fee's. Riley is married, has a baby and good head on her shoulders. This was the PERFECT case scenario. Lisa is the 9th person in her family to die before 55. She KNEW her time was getting near and she was making sure that last Gold digger could not touch what her Mom worked her entire life to save.
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid.
It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment.
While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020.
The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect.
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother. WONDERFUL idea. Priscilla is the face of Graceland and has been since Elvis died. Lisa has only handled Elvis grave & Birthday celebration maybe 3 times her entire life.
@@kelliintexas3575 yes I am very aware. Been visiting Graceland since 1967 before it opened to the public. Went to Vegas to see EP in 1971 at 15 and again 1973. Lifetime fan. Read all about this crap. But still want peace for the family. Generational curses need to be broken! Blessed day to you.
I thought he died in 1977. I remember because I was born in '76 and my brother '78 so it was in between our births. 🤔
Scientology should NEVER BE ABLE TO EVER TOUCH ANYTHING THAT HAD TO DO WITH ELVIS’S ESTATE! They need to just go away and not have anything to do with anything Presley related!!
As long as Prissy is in it, they won't stop until they have it all.
I agree with part of what your saying. Was she really out of S. Because they are the ones that called and told her to attempt to pay off the rape victim. And if you read the article it had already been decided she did not know enough to testify against them. Look it up. And while people are saying she was miserable with that church. Every time you watch tmz or buy a tabloid you are putting money in their pockets.
BTW. although I've never been a Scientologist, I find your videos informative and interesting. Thanks for making them and informing us about this crazy cult.
same 💯💪🎯
this guy is a lame lawyer
People keep saying cult they have 800 thousand members. Your saying that many people can be brainwashed. And if she was so miserable than why didn't she get out sooner. And if she was afraid she would give it to the church. Then why didn't she talk to her woman to woman. Same thing with removing her as trustee. And before people say they weren't talking. You wouldn't of put that aside long enough to have a conversation about your father legacy. Sounds pretty petty to me. And she left her will wide open for her husband to get the girls money. So the spite that is going to P. Based on her daughter pettiness. Is pretty ridiculous. And just so you know when people based comments based on tmz and a tabloid. Guess what Scientology owns them.
I'm not even sure where to start....this conversation would have been better served by a 5 minute explanation of Elvis' estate and the history. A good chunk of what the guest said doesn't apply. Elvis' image, record sales etc is off the table. 85% of EPE was sold in 2005. Lisa retains a 15% interest. HOWEVER, she retained full ownership of Graceland and it's contents. In multiple interviews she made it crystal clear that Graceland would always remain in the family and that when she dies it is in a trust for her children.
Where it gets messy/complicated is that Priscilla has rewritten history and the majority of people actually believe it to be factual now. Everything I'm about to say is 100% provable, if anyone cares about the truth. When Elvis and Priscilla got divorced, she agreed to stop using the Presley name and to have no say in any of his dealings. Vernon had appointed 2 well respected businessmen to handle EPE after his passing. (Please see full details on the Official Graceland site). On his deathbed, Priscilla convinced Vernon to include her for Lisa's sake. PRIOR to Vernon's death, he and one of the men were in talks with the City of Memphis about opening Graceland to the public (you can find several pics of stories online documenting this). Vernon got too ill, and when he passed, HE (the named businessman) is the one who was appointed by the Court as the business & financial Guardian for Lisa Marie. HE is the one who suggested they continue with the plans to open Graceland. The only change was rather than do it with the City of Memphis, they did it with an expanded EPE. Priscilla has taken credit for decades for saving Graceland, when she had nothing to do with it, beyond agreeing. Should I continue?
Maybe just a few more key facts. I'll assume anyone reading this is interested. Shortly after Vernon died, she started using the name Presley again, because who could stop her? (She also spread vicious, salacious lies about Elvis & how he treated her, both in print & on the TV talk show circuit. She has backstepped on all she said, but some of us heard it, and still have the book). She was with another man for 30 years and had a son (who Lisa couldn't stand, and vice versa). She refused to marry him to keep the Presley name. She has been on the EPE board of Directors (highly paid) since shortly after Elvis' death until today, including post sale. AND she gets tons of credit for doing interviews etc, but folks overlook she is a PAID spokeswoman for EPE. I can't prove this, but it's long been said Lisa wanted to play more of a role, but her Mother pushed her out and wanted to remain "The Queen" of The King's estate. Ironically, he hated that nickname & said there is only one King, the Lord above. Ok that's the basic FACTS. Oh one more. Folks are guessing she is doing this to keep Michael Lockwood's grubby hands off the money. If anything it is the opposite. She and the Mad Hatter were/are close, she supported him over Lisa in the divorce for most of the time, and he flew on her private Jet to the Memorial (whereas Riley flew separately). This is a complicated mess, but what Grandmother sues to undo her daughter's wishes, esp when it is against her very own Granddaughter????
Nice.
Wow. So much to take in. I admit I prob won't go looking for the proof of everything you just typed BUT I will admit that it isn't difficult to believe. Mainly because we now know of PP's deep involvement- and clout- in CoS. Nothing good could come from that!
I don't want to judge... but I can't help but feel disappointed with PP and protective of LM and her kids. CoS has been nothing but nasty to her family. And everyone deserves better! This is messy but tragic, too, for LM.
Wow! 💥
This is so interesting!! It all makes so much sense too! Thank you!
Well said. I really can’t dispute any of your points here. I’ve definitely been aware of all this. I’m not trying to undermine PP achievements but I’ve always felt that she’s been given way too much credit for Graceland’s success. Priscilla was basically in a way handed a done deal with Graceland when Vernon Presley died.
Great video, A-Aron. Did youtube straighten out the mess with the algorithms? I seem to be getting the usual amounts of video recommendations for your content. Zac - It's always lovely to hear from you. You're a super legal explainer, and I'm looking forward to your channel!
As I understand it today, Priscilla was receiving at least $900,000 a year for being trustee. Riley does not intend to take a salary.
A-Aron and Zee-ac thank you for this post.
Pray that the Church of Scientology gets all her assets. Truly, Elvis would have wanted his money to support a cause or org that helps people improve themselves.
We are supposed to get ice in Texas as well. Truly not looking forward to it.
It is already here in ft worth
Good luck! It was wild here in northern Oklahoma we had thunder with the sleet and little bit of snow!
Important to note Elvis and Priscilla were divorced well before Elvis' death.
We all know that, it’s Priscilla that needs to be reminded!
Cool. A video about my question to you in the live streem 😎
I live in Oklahoma too Zac and the thunder, snow, and sleet here was crazy wicked!
Hope your safe! Here in North Texas trying to stay warm too!
Priscilla is 77 yrs old. Why would she want that responsibility or why would a grandmother challenge and want to control her grandchildren in this highly emotional time.
One of the Scientology schools Lisa Marie was "offloaded" to was Mace Kingsley of the infamous Mace Kingsley Ranch School featured on Leah Reminis Aftermath show. Lisa was not at "The Ranch", but attended at Debbie and Carols house in East Los Angeles. I am not sure if she was one of the kids locked up in Debbies house. She would have been about 16years old.
The books I read referred to it as a "boarding school" 😔
She was writing a book at the time of her death and her custody paperwork noted she had already received a cash advance.
Thanks for having this challenge of Lisa Marie Presley's estate explained. Between clickbait and paywalls, getting an explanation from online news media seems to range from problematic to incomplete or just plain incorrect.
I haven't been able to comment, but please know you and , Mark, Claire, Mike and all the fellow ex scientoligists, you have brought into my life are the reason these atrocities of COS are being heard. Respect the hell out of you all. Thank you
This is just so sad. Priscilla can't even stop her control issues now that Lisa Marie is gone. She should have been there for her daughter while she was alive and made her a priority.
She was with Lisa Maria at that movie preview and anyone could see that poor girl was very ill. If that was my child regardless of age I would be dragging her to Hospital. The poor girl need help and no one was there for her especially her mother.
@@d.b.595 I totally agree and honestly, I think that movie hastened her death. She was already heavily in mourning for her son and watching that movie probably just sent her over the edge. I've seen the movie and to me it's pretty unsettling.
@@HippieSoul77 Yeah, I found it weird LM was so supportive of the film. I thought it was PP who wanted this movie done. I haven't watched it, and I'm not versed in the Elvis story but I did read about his cousins being left out of the film which felt intuitively wrong! Elvis loved his people! So, my impression was that this was a manipulated version of the facts as it fit PP?
People need to remember that when Elvis died, he was considered broke with only $5million to his estate. He completely overspent his wealth and almost was down to nothing and he left that money to his mother, father and Lisa Marie. After the grandparents died, it was down to about $1million and Priscilla was the one that turned that into a $100million estate. She was a brilliant businesswoman and was able to make wise decisions on her daughter's behalf and I don't think that what she's attempting to do is done maliciously in the least.
Elvis mother had already passed away long before and when he and Priscilla divorced he gave her $5million. So what you are saying is completely false.
Priscilla played a small part, but it took many people to open Graceland. Elvis's attorneys, Vernon and other made this happen.
Um, no. She was the spokesperson, but many things you credit her for were already set in stone by Vernon and the financial guy who was executor alongside her
Remember, Mondays with Marc and Mike has been pushed back to tomorrow night (Tuesday) for this week!!!
Maybe Lisa never thought she would pass before her mother!
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
I am saving this video because of the comments- so much good and valuable info shared by the bright and informed subscribers of this channel.
From my understanding LM sold most of EP Enterprises. Something like 85%. Having 4 kids I wouldn’t have sold that much but she was deep in debt. She still owns Graceland. I have to wonder if it has more to do with the twins being under 18 and their dad not getting anything.
The most confusing part was the sale price. They sold 85% for 114 million. EVERYONE questioned this price, as it seemed very low, considering earning potential. IE when they redid the area at Graceland there is now a huge auditorium. There as long been talk (Lisa herself discussed it, as did Priscilla) that when the technology is good enough, there are plans to do an Elvis holographic show. That alone would earn countless millions.
PS keep in mind Priscilla is VERY close to Michael Lockwood, the twins Dad and sided with him in court over Lisa. So if anything, she is doing this to direct money to him! I can't fathom what mother would go against her adult, independent and quite capable Granddaughter???
Big hint to the twins: They can emancipate themselves from Poppo bc in CA that age is 14. Who knows? Maybe they like their dad who made mommy's life hell. Helped push her into her grave.
This! It's about keeping Lockwood out of Presley family matters, I think.
But the selling of 85% was before there was a issue about debt. Sale wasn’t as a result of it of those issues. That sale & partnership with the corporation that brought it payed her a large lump sum. But part of that deal was to increase the EPE brand and she retained stock in EPE which means she still had a stream of income after the sale. And that was back in 04, long before financial issues in 2018.
That sale took place long before she was married the the last time and had her last two children. At the time she only had Riley & Ben.
Graceland was in dyer state when Priscilla stepped in. She SAVED it!!! The other trustees said Graceland must be sold in order to pay taxes. She refused and thus entered Jack Soden. They opened Graceland as a touring site. They had no idea how successful it would be. They got back all they put into it to open within first month. Lisa wouldn’t have had Graceland if it weren’t for Priscilla.
Thanks for posting everyday!
FYI..I'm still getting your videos in my recommended feed
If I remember correctly, when Elvis died Priscilla gathered together a team of people to build the Elvis empire so it is not a surprise that she feels ownership. However, family dynamics are always tricky so who knows what was going on between Priscilla and and Lisa Marie.
It was one report that Priscilla and Lisa Marie Presley had not spoken in a few years. Some people were surprised to see them sitting together at the Premiere of Elvis's movie.
I think Priscilla is being given (and has controlled this) too much credit for this.
I think it's more about letting go. Priscilla has forever hung onto Elvis through lisa marie and Graceland. I'm sure it devastated her these changes. And if the courts do honor lisa marie wishes, where does that leave Priscilla. The kids cd sell the remainder 15% and quite possibly ownership of Graceland. I wonder if because of Lisa's death, it voids the contract in place for the tourists extra.
No, Vernon put a team of people together to open Graceland, including the City of Memphis. Priscilla has lied about this for yrs.
Also, Elvis died August 16, 1977. I remember watching television when it was announced. I also remember seeing the funeral procession to Graceland. All the people crying and touching the white hearse. I am 1 year and 19 days younger than Lisa Marie.
wow. you're really old. good for you still using a computer. god bless
@@TimApple. Praying for you Mr. Apple. Good vibes being sent your way. Peace and love to you and your family 🙏❤✌
I'm around ten months older than Lisa Marie and remember the newspapers reporting his death. I grew up watching Elvis films absolutely loved them and my heart went out to Lisa Marie.
Great day Zac’s back 🎉🎉
Although a snow day is rare, my niece in Lewes, DE has a number of fog delays or cancellations each school year.
Susan is right. I tell you Susan..unknowingly, I walked into their office in Clearwater, Florida in 1985. Thinking back, what I heard thru those walls (as I filled out work paperwork) shook me up pretty bad. One whit shirt, trimmed in gold arm band, was reading out the worker who walked in. Why weren't you at the meeting last night?
I was invited to return and watch a movie.
When I returned to my in laws home
mymother-in-law said, "Don't you go back there." I did not. The S had bought up all that downtown area before the causeway and Clearwater Beach and motel an converted it to their own little city. I have my own feelings about their way and those who belong.
I'm watching from the UK and we are struggling to find you brother.
Love this video, keep up the great work
You're struggling to find Aaron's videos? 😬YT is not being good, is it!
@@Flick14 Not good...
Aaron was having issues with his channel not showing up on the feed. Feels sinister sometimes but maybe I'm just being paranoid
I am no kind of a lawyer, so I am always interested in how these kinds things are handled. Especially with changing circumstances, things do not go perfectly but are predictable in the aftermath as the changing circumstances come in to pay.
don't try & learn from this guy - no one misspells their own name. not a lawyer i'm looking to gain knowledge from. clown - disconnected himself
Very interested to see how this plays out.
OK this "Zack" is ADORABLE! 🤣
I expect that what Priscilla would like to do is become trustee and then name the church of Scientology the trustee at the time of her own death.
Very interesting Aaron
Can I just say that Priscilla is so pale she looks like a vampire in the thumbnail for this video.
If Priscilla is indeed still a Scientologist, I suppose it's possible Lisa Marie made this move because she knew exactly where the money would end up if she did not. Then again, I'm just speculating my ass off and I doubt Lisa Marie gave an abundance of thought to the idea of possibly perishing before her mom.
Very informative
I didn’t think she was contesting what was left to her, but contesting who has control of decisions about Graceland and money generated by Elvis’ music, likeness etc.
I find it amazing how many commenters are experts when it comes to EP’s estate 😂
Enjoy your shows.
Although you say you grew up in cult type atmosphere, have to say you are such a kind nice fellow.
You seem to have bounced back?
But maybe took a lot.
Thanks for insight as always🙏💕
Maybe Scientology works?
@@JohnDough-yr2zt what part of cult do you not understand? Like he lol l it works, they destroy families and take and take and take money from people. Even poor people. They convince people to give them as much money as possible because it’s a so called religion and it’s actually a cult. Plus they treat people terrible that work in that cult.
@@JohnDough-yr2zt Hubbard plagiarized some valid psychotherapy and psychology, as well as wisdom from other religions and scholars. He then claimed as his own "technology" and sold it, mixed in with his drug induced fantasy, for hundreds of thousands of dollars. So in that sense Scientology works to make Hubbard rich.
Watched it. Great show. Althea
So true about keeping your will up to date. Relatives can get ugly when their grieving and money is at stake. My grandfather made a will 30 plus years prior to dying and now my sister and I are stuck with 1992 value child support like monthly payments. I'm sure that's not what he had in mind
Contesting your daughter's will is not a part of the grieving process. This is sickening.
@@debbielockhart7762 I'm sure she has enough money to see herself through comfortably. And then to leave it to the grandkids you're trying to take it from? Sounds like flat out greedy and controlling
When Lisa inherited Elvis’ estate, it was Priscilla who managed it and reportedly turned the estate from potential bankruptcy into a huge profit. Even after Lisa inherited the trust fund, Pricilla was still on the Elvis business payroll.
Poor Lisa might have been better off not having so much money. She inherited way too much, and did not know how to deal with it.
I believe it was Vern Elvis father who acted as the business portion of the estate. Priscilla and Elvis were divorced by the time of his death... I don't think she had any control until Vern died... Remember Elvis's estate was not valued very high when he died. In the 1980s Col Parker was also sued by Elvis estate.... The Elvis story is as complicated as Sciencetology
Vernon, businessmen, the City of Memphis, attorneys etc. opened Graceland. Prissy was out in California.
@@norway178 prissy???
Thought Scientologusts werent supposed to sue each other?
When Lisa made the Amendment she did so quietly to avoid Lockwood being able to get his hands on ANYTHING with Presley attached. He has been suing her for money since they filed for divorce. Her Mom has always ran Graceland. She built Graceland to what it is today. That said, She also sold her $32MILLION DOLLAR estate to help Lisa pay off her debt, fight for 60% custody of her twins, settle their divorce and pay her legal fee's. Riley is married, has a baby and good head on her shoulders. This was the PERFECT case scenario. Lisa is the 9th person in her family to die before 55. She KNEW her time was getting near and she was making sure that last Gold digger could not touch what her Mom worked her entire life to save.
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid.
It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment.
While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020.
The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect.
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother. WONDERFUL idea. Priscilla is the face of Graceland and has been since Elvis died. Lisa has only handled Elvis grave & Birthday celebration maybe 3 times her entire life.
All well explained yet you left out one huge fact: Priscilla is not entitled to trusteeship, was never the rightful heir or owner of Graceland and did not build it up for Lisa, she built it all up to coast on Elvis' legacy in order to earn an income from what Elvis left for Lisa.
Scientologists did the work, Priscilla was the face and took the credit.
Scientologists own more of Elvis' estate now than any Presley; Elvis would turn in his grave because he hated Scientology!
I have come across information that shows that Priscilla has not been very truthful about a lot of things.
Friends of Lisa have come forward to reveal that Lisa and Priscilla were estranged and that Lisa did not feel that Priscilla had her, Lisa's, best interests at heart.
Lisa banned Priscilla from Graceland which left Priscilla out of Elvis' 88th birthday commemoration and refused to be escorted by her mother or sit next to Priscilla at the Golden Globes.
In my view Priscilla was not entitled to keep her trusteeship over Lisa's inheritance from Elvis' estate after Lisa turned 25 and she is not entitled to a trusteeship of her daughter's estate now either.
It is in poor taste to fight over money when your child has not even been buried for a month, especially when you already have a nest egg of $50million in the bank.
I see massive greed in Priscilla, from her brief grief over Lisa Marie to older video clips of her giving grief to anyone asking her about Elvis, big change now,
Graceland is not in Nashville. It is in Memphis.
For everyone thinking Graceland is a cash cow that will provide an income for generations, think again. The people who were actually able to see Elvis perform live (like my mother) are dying off. The family of Roy Rogers and Dale Evans reached a point with Roy and Dale's museum and legacy where they had to admit that the draw was no longer there and sold everything off. Lisa Marie already sold off the largest part of her father's catalog and his aircraft years ago. Does Priscilla have time to build it back up or can she just hope to get everyone debt free, encourage everyone to live reasonably, create a college fund for the girls and encourage the girls to work at well paying jobs?
Exactly, a lot of kids now a days don't really know who Elvis is/was nor understand his importance to the development of rock music. And all the older rock musicians who were definitely influenced by him are dying off now too. I had to explain to a kid at Best Buy once who Fred Astaire was cuz I wanted to buy a few of his movies . We are all forgotten eventually, it's just that some of us it takes a little longer.
I’m one of those fans who went to Elvis concerts!! I have not had the chance to ever go to Graceland..
I do hope those two girls go to college, and stay away from the show biz world.
I have a feeling this has more to do with the personal relationships she has had for decades with the staff running Graceland - not so much the day to day staff but the ones that have been around as long as her who deal with elvis’ music catalog and maintaining his legacy and how that relates to Graceland. She has been personally invested in this the majority of her life. It’s hard to let go.
Priscilla created EPE in 1982 & got it up to $100m+ in 2005. That was a completely different entity from Graceland. It's what was Boxcar (1956) while Elvis was alive and it was all the merchandise across the street after his death. Got Graceland up to $300m. & just built a $619m entertainment complex across the street. She has done a PHENOMENAL job.
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
@@kelliintexas3575 He already has. He blew through 100 million of Lisa's money that Prissy signed off on. Lisa sued him, and the case is on the internet. Breach of fiduciary duty and fraud!
Understanding how religious Elvis was, he would be turning in his grave at the thought of his estate being left to Scientology. Priscilla is obviously looking out for herself.
I think that may be Prissy's goal.
HeY.. Scientology DONT F w Elvis.
After 52 years of living off elvis' name and Lisa's inheritance ie executor fees she's proven her greed. Elvis left her zero because she left him in 1972 for her lover and he moved on to other women happily, not forced relationships. He had no plans of reconcile. Vernon said he planned on marrying ginger and having kids with her especially a son. Priscilla chased him, said she was 16 then blackmailed him to charge him if he didn't marry her period. Got fame, riches for 52 years. Cost Lisa her fortune by spending alot, putting her buddy seagul in charge who didn't pay any of Lisa's bills or taxes, took lockwoods side then brought him to Lisa's memorial when he's Lisa's enemy still fighting for money and put Lisa in the grave. Lisa was estranged was Priscilla since 2016 just together lately but look close. They weren't close
Lllllllllllllllllll
I hope it goes to Marie Presley‘s children not her mother.
Yes in Oklahoma and Texas we get ice days. Snow every once in a while.
Lisa Marie left her assets to her children. Period!
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
Priscilla Sold her $36M estate for Lisa's legal debt. Priscilla has worked and Managed Graceland since Elvis died. So her Mom is fighting to be on the trust cause this has been her career DAILY. Lisa has never been involved with Graceland really. She has done her thing and raised her kids. Priscilla travels and works on Elvis' legacy DAILY. So this is a massive deal for her. I really don't know what to think, seems like the paper is fake. Priscilla is who handles EVERYTHING. No changes are made without her. So BIZARRE. I do know her and her Mom had a falling out for a few months when she relapsed and had filed for divorce, lost custody of the last two girls for a years or so. That's the same time this was filed. Maybe she did it to protect Graceland from Lockwood. I would almost bet my life on it. She said in December Graceland will never be sold due to the clause and the way its written. She said I will be buried here and so will my kids, kids. 🤷🏻♀️
Becker and Fagan of Steely Dan had a similar problem when Becker passed away.
Wow. Sounds like this is going to be messy. Hope it doesn't cause a rift in the family.
I’ve seen several reports that Lisa Marie’s daughter is in Scientology. That Pricilla and Lisa Marie had left but in order to not have to disconnect from Riley. If true that would make sense. Also that would mean there was more of a risk with her daughter than her mother of giving control of Graceland to Scientology. Lisa Marie would not misspell her mother’s name.
Prissy is still in and it's quite apparent by her behavior. Who steals from their granddaughters?
Great, Zac, that ice is headed my way 😂 (TN). I think Lisa Marie would have wanted her kids to have her estate.
Didn't Lisa Marie Sue, the manager/lawyer for mishandling her estate,the same guy who is on the lawsuit with Priscilla, also Lisa Marie didn't have much money due to legal fight for custody of twins
That's him. Seems they removed, her and left him. 🤔 Imagine that.
Priscilla Sold her $36M estate for Lisa's legal debt. Priscilla has worked and Managed Graceland since Elvis died. So her Mom is fighting to be on the trust cause this has been her career DAILY. Lisa has never been involved with Graceland really. She has done her thing and raised her kids. Priscilla travels and works on Elvis' legacy DAILY. So this is a massive deal for her. I really don't know what to think, seems like the paper is fake. Priscilla is who handles EVERYTHING. No changes are made without her.
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid.
It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment.
While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020.
The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect.
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
I was wondering when Pricilla, was calling out Lisa Marie's signature if it was Sciencetolgy pushing this from behind the curtain. We know Riley is in, but what about the twins, where they raised in Sciencetolgy? And the twins father is he in Sciencetolgy? There must be a reason, because Pricilla has kept the estate making money all these years. So very strange and interesting 🤔🤔🤔🤔
Lisa made sure her twins were not exposed to scientology.
I’m 63 & he died when I was a teen. So closer to 50 years
Hello from Edmond Oklahoma.
Pricilla needs money to continue to feed the engine of Scientology. I would assume this. She has been so many interviews over the years taking about the same thing. Elvis. Priscilla has been feeding off the Elvis teet for years.
Plus good will info. One needs to make very very clear.🙏
Commenting for support. Love your channel!!
Keep up the good work! ❤🎉
A-A-Ron got a VPN sponsor!?
Lets go! Keep them vids coming.
I find this all fascinating:)
Keep up the excellent work A-Aron!
Very interesting as are all of your videos
I've wondered if this rift is to do with the fact that both she and of course Lisa Marie actually knew Elvis and she feels it's still her "duty" to the home she once lived in and the legacy? The grandchildren five have that "link".
Sometimes, it's hard to let go of the past.
court documents filed as part of Lisa Marie’s divorce battle with her ex-husband Michael Lockwood. As we first reported, the two had been battling over child support for the past year.
However, last year, Michael went back to court claiming Lisa Marie was flush with cash. He said she received a $1 million advance for a tell-all book and was pulling in additional funds from the release of the film, Elvis.The two had recently reached a settlement where Lisa Marie agreed to pay $6k a month to Michael for their 14-year-old twins, Harper and Finley.
Lisa Marie and Michael were married in 2006 and split in 2016.
Lisa Marie had avoided paying child support for years due to her finances being a mess.
He also believed that Lisa Marie was in control of a trust set up by Elvis worth $60 million cash. In court documents, he also pointed out that she still had ownership in Graceland and a separate hotel owned on the property.
This was Avoiding Lockwood 100%
Thank you Zac for PROPERLY explaining this complex and important situation, by which I mean that OU's mascot is the cheaters (Go Pokes!).
It is my understanding that Lisa went through the cash assets extremely fast and even had serious debt issues. I believe Graceland was left in trust, but it was Priscilla that turned things around to open Graceland to the public and it became a money maker. Priscilla did all the work. I believe it is still a Trust that's being left to Lisa's kids. But Priscilla did work hard to keep Elvis's memory alive so I can see how she might be surprised
In any case it depends on her standing. Which is very very little.
You understand wrong. Lisa fired and sued her manager for mismanaging funds, and removed both the manager and her mother at the same time. She then put her children in as her trustees. Now this greedy woman who has been sailing on the Presley name for decades is going after her own granddaughter to wrest control from her. It's sickening.
That sounds like a missing puzzle piece that makes this whole thing make a bit more sense. I think it's important to remember that Lisa Marie has battled addiction pretty much her whole adult life and addicts aren't known for being the most fiscally responsible people. Thanks for that, Miki (another cute name). 💞💞💞
$100mil in 25 years = $4mil a year. Absent investments and gain on principal.
How would your books look if you had a coterie of dinglberries, a rapacious "church tithe", rehabs, private security, agents, managers, taxes.... I HOPE she finagled her money away from lockwood's reach.
@@dsoule4902 Yeah, wealthy peeps have bills us regular people don't even think about, like you say, security and such. Add a drug habit on top of those things and I guess you could zip through some dough pretty quick!
Elvis’s estate grew because he was dead and could not spend the money that was coming in. Pricilla did not grow the Estate, but she knew how to keep her fingers in the pie.
Hey from McLoud Oklahoma
Vernon made Priscilla a co-executor of Elvis estate right before he died. He put his trust in Priscilla to do what was right.
So, I was a wills and estates lawyer for over 10 years. In the common law jurisdictions (UK, Australia etc) it is common for a will to create a trust and the will then appoints executors and trustees. (These are called testamentary trusts). If a will is potentially giving gifts to minors or someone who has not yet reached a specified age, then it is common for that gift to be held on trust by a trustee until the beneficiary reaches the specified age. So, it is not that weird to me to hear that a will appointed particular persons as trustees for a testamentary trust.
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid.
It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment.
While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020.
The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect.
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
Right. So what's the point? It's not weird, annnnnd......? It's normal here too. Happened with Lisa Marie. Happens all the time.
This is filed in Shelby County. Memphis, TN
Priscilla was the Trustee & a Gaurdian. She founded Graceland in Elvis Presley Enterprises.
She should be trying to offer help to her granddaughter not trying to take what Lisa Maria wanted. I hope she doesn't get away with it. Riley is an adult and should be given a chance. Priscilla should be ashamed. Regardless on what Lisa Maria did when she was alive she said her Children get everything not her Mother.
Oh my goodness, great point! Even if it's true that PP has the business acumen- why not accept and support her own grandchild as trustee. It doesn't smell right
Priscilla Sold her $36M estate for Lisa's legal debt. Priscilla has worked and Managed Graceland since Elvis died. So her Mom is fighting to be on the trust cause this has been her career DAILY. Lisa has never been involved with Graceland really. She has done her thing and raised her kids. Priscilla travels and works on Elvis' legacy DAILY. So this is a massive deal for her. I really don't know what to think, seems like the paper is fake. Priscilla is who handles EVERYTHING. No changes are made without her. So BIZARRE. I do know her and her Mom had a falling out for a few months when she relapsed and had filed for divorce, lost custody of the last two girls for a years or so. That's the same time this was filed. Maybe she did it to protect Graceland from Lockwood. I would almost bet my life on it. She said in December Graceland will never be sold due to the clause and the way its written. She said I will be buried here and so will my kids, kids. 🤷🏻♀️
The filing by attorney Brian M. Malloy argues a document purported to amend the trust to remove Priscilla as a trustee is invalid.
It alleges Priscilla was not notified - as required - of the amendment, that it exists only as a PDF copy, that it includes a signature claiming to be Lisa Marie's but which appears inconsistent with her handwriting and that it has Lisa Marie's signature on a blank page devoid of language pertaining to the amendment.
While Priscilla and business manager Barry Siegel are named as current trustees, the would-be amendment from 2016 would essentially shift that responsibility to Keough. It also named her brother, Benjamin Keough, as a trustee before his death in 2020.
The petition seeks to have the court declare the purported amendment invalid and a 2010 version of the trust - with Priscilla and Siegel acting as co-trustees - to be in effect.
The petition says Siegel is likely to exit the trust agreement soon, which would give Keough a place as a co-trustee alongside her grandmother.
court documents filed as part of Lisa Marie’s divorce battle with her ex-husband Michael Lockwood. As we first reported, the two had been battling over child support for the past year.
However, last year, Michael went back to court claiming Lisa Marie was flush with cash. He said she received a $1 million advance for a tell-all book and was pulling in additional funds from the release of the film, Elvis.He also believed that Lisa Marie was in control of a trust set up by Elvis worth $60 million. In court documents, he also pointed out that she still had ownership in Graceland and a separate hotel owned on the property.The two had recently reached a settlement where Lisa Marie agreed to pay $6k a month to Michael for their 14-year-old twins, Harper and Finley.
Lisa Marie and Michael were married in 2006 and split in 2016.
Lisa Marie had avoided paying child support for years due to her finances being a mess.
She was avoiding her gold digger ex.
Oh that gravy train is ending
Elvis once said "****** Scientology, they just want my money".
God!! Can you just imagine Priscilla getting it and then leaves it to bloody scientology, instead of guaranteeing her grandchildren a secure future. Especially the youngest girls.
Why isn't anyone thinking that most children think they will live a long life and out live their parents, usually that's how it works, so it would make sense that she would leave it to her own children, if she knew that her mother would out live her, I think the situation would be different
Pay the additional cost, get an unrevocable trust. Your relatives will thank you. 100% better than a will.
You should compensate the Trustee of your own Trust. They take off time from work, maybe fly in from another state, fix your home up so that it’s ready to sell, go through all of your stuff and disperse it to who you’ve chose to receive, contact all of the banks where you have accounts…… just the energy alone arranging everything so that your trust is executed the way you want it, is definitely worth something. The time it takes a Trustee to execute a trust is more than anyone realizes. Do the trustee a favor and compensate them for their work after you’re gone. :)
Information is the next battlefield eh!