Priscilla Presley will receive a trust settlement from Riley Keough for $1 million plus $400K
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Reportedly state that the hefty payment will happen “at the same time” Riley, 34, receives “the proceeds of her mother’s life insurance policy.”
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According to the documentation, Priscilla, 78, was officially removed from her duties as the estate's trustee on May 11
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The latter will take over as the official beneficiary after she and Keough agree
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Priscilla received a large payment from the settlement, her request to be buried next to her late husband,
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Elvis Presley during negotiation talks was reportedly denied during exhumation negotiations
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Reps for Priscilla & Keough did not immediately respond to Page Six’s request for comment
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My family and I hope that everyone will give us the privacy we need to properly grieve Lisa Marie
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Keough’s lawyer, Justin Gold, told CNN that his client was “very satisfied” with his statement
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While Riley kept mum on the shocking claims, a friend of Lisa Marie told Page Six that Priscilla’s efforts were more than a ''money grab.”
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Sources told Page 6 that the two women were not communicating with each other due to the alleged split in the family flowing the Legal Drama
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Lisa Marie passed away on Jan. 12 after going into cardiac arrest. She was 54
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