Well Priscillaā¦..there goes your relationship with your grand-daughters. You are not a young woman yourself. Lisa Marieās kids deserve to get what Lisa Marie wanted them to have. You are not a Presley anymore. You divorced Elvis, but you sure have used that name to live nicely through the years.
That should go to her daughter’s. Period. If they were little girls then they need someone to manage the money but Priscilla needs to back off. Her daughter didn’t want her in the will. That’s not made up. That was her choice.
When you have a life insurance policy your supposed to name the beneficiary. If they both are then they split it. Or it goes to the primary person. I donāt know where there would be any fighting if there is someone named
This is such BS. First off life insurance policies donāt pay off debt. ļæ¼ They are paid directly to the beneficiary/s.
Iām pretty sure the dept she owed is probably mortgage on their home/s. ļæ¼
Prisilla is not fighting for the money. If anything, she just wants to be one of the trustees over the minors. ļæ¼
The story is just click bait.
Priscilla did right by Lisa from what o read the Will had not been updated since the son passed and she wants to make sure itās fair to all 3 kids. 2 of which are minors.
Yeah sure, Priscilla is worth $50M and is 77 years old and decades ago she turned Lisaās $5M inheritance-into $100M by opening up Graceland, she then watched Lisa get a $100M more through deals-watched her die -in debt after $200M, but is trying to take money from granddaughter. If Riley speaks up then there is an issue.
I assume that Priscilla wants to control the money so that it is not mishandled or foolishly spent. I don’t know if she will be successful but I think her motives are fairly pure
Okay. She built a legacy for her daughter. Made Graceland what it is today. A money maker for her daughter and keep Elvis name alive. You think sheās going to do her grandkids dirty? Come on….š
Upon Elvis dying his estate was paltry with Priscillaās help and guidance the estate value grew largely for her daughter Lisa to benefit. Today, per reading estateās value is low just maybe Priscilla is willing to take over the reins in order for the grandchildren to even have an inheritance.
A lot of yāall didnāt read the article. Priscilla isnāt disputing the life insurance (which the kids are named beneficiaries of and will split evenly). Two of the kids are minors so their money will go in a trust. Priscilla is saying she should be a trustee still. Personally I can see Lisa changing the trustees in 2016 bc of Priscillaās age.
Also, who knows the family dynamics, Priscilla may not trust the oldest daughter or the minors father so she wants to be in charge to make sure the younger two arenāt cheated.
I read the court documents about the trustee stuff. it says right in them she is just trying to be co-trustee WITH Rileyās permission. Sheās not trying to take anything. Priscilla has a right to contest this as the circumstances are fishy. Sheās not going after any of the money. For all we know Riley might want her help. My guess is Priscilla doesnāt want Lockwood anywhere near the funds and wants to protect the twins. I think there is a good chance Riley wants her help. they are close knit family and when Lisa died the twins and Riley didnāt wanna be anywhere, but it Priscillaās house. I wish people would stop dragging Priscilla without her Graceland wouldnāt exist right now, and Elvisās Legacy wouldnāt be living on.
Ffs don’t let money come between Priscilla and the grandchildren. If she doesn’t let this be, it would leave her alone. without her remaining family members. Leave it alone, PP!!
She should be there trustee. Look at what she did for the Elvis estate. And if i remember correctly, she made sure Lisa didnāt get her inheritance until she was older, because she knew she would blow it.. and she did.
Riley and her brother (now deceased) were named in the trust. Priscilla could just be ensuring that if something happens to Riley, the trust does not go up for grabs. for some reason, I also thought that Priscilla had some sort of custody over the twin girls for awhile. She could be ensuring that they are equally taken care of. Lisa Marie was paying child support to her ex, so it could also be preventing him from trying to grab a piece of the pot.
As Iāve never been a big fan of Priscilla.. but if it wasnāt for her there wouldnāt be any Presley money to āfight ā over I believe sheās just trying to protect Graceland and keep it safe from certain greedy people
Priscilla shouldn’t have done this, Lisa Marie knows what she’s doing and wanted who she wanted for her estate. Now there’s going to be bad blood between grandma and granddaughter
All life insurance goes to Lisa’ heirs not to her mom, unless she had specifically written differently in a Will. If children are under 21 then the courts could develop a trust where they can start withdrawing from at age 21 or 25 dependent upon State Law.
46 Comments
Comments are closed.