Who Gets Graceland after Lisa Marie Presley‘s Death?

By: Nick Leydorf
estate planning and elder law attorney
Meet Nick Leydorf
My practice is dedicated to helping families get their affairs in order so that they can stay out of court and out of conflict. I’ve experienced first-hand how a lack of planning can have a terrible impact on a family. One morning, my wife received a phone call that her mother had been found unconscious in her bathroom and had been rushed to a local hospital. We panicked and drove to Grand Rapids as fast as we could to be with her. For two weeks, she never regained consciousness and she passed away. My wife and I were devastated.
Lisa Marie Presley‘s surviving three children will reportedly inherit her Graceland estate.

The daughter of Elvis and Priscilla Presley, died on January 12 at 54 after suffering a cardiac arrest at her home in Calabasas, California. She will be buried near her late father and son (Ben Keogh) at Graceland, reports NME’s recent article entitled “Lisa Marie Presley’s children to inherit Graceland estate.”

According to People, Lisa Marie’s three daughters – actor Riley Keough, 33, and twins Harper and Finley Lockwood, 14 – will inherit Graceland in Memphis, Tennessee.

She was the sole heir to her father’s estate, which she assumed in 1980 after the Presley’s death in 1977. She owned Elvis’ former home, including his Graceland mansion and its surrounding 13 acres.

The estate was passed to Lisa Marie in trust when she was just nine. That trust officially dissolved on her 25th birthday in 1993, giving her full ownership of Graceland.

Graceland was turned into a public museum in tribute to Elvis in 1982. About 650,000 people visit the estate every year. The property is estimated to be worth $500 million.

Lisa Marie vowed to keep Graceland in the family.

“Graceland was given to me and will always be mine,” she said in a 2013 interview. “And then passed to my children. It will never be sold.”

The family has requested that fans donate to The Elvis Presley Charitable Foundation, instead of giving flowers.

With the news of Lisa Marie’s passing, tributes poured in from the likes of her ex-husband Nicolas Cage, John Travolta, Elvis star Austin Butler and the Michael Jackson estate.

Lisa Marie Presley opened up about bereavement in a 2022 essay for People, writing that “grief does not stop or go away in any sense, a year, or years after the loss.” She lost her son Ben to suicide in 2020.

She added: “Grief is something you will have to carry with you for the rest of your life, in spite of what certain people or our culture wants us to believe.”

Reference: NME (Jan. 17, 2023) “Lisa Marie Presley’s children to inherit Graceland estate”

Suggested Key Terms: Estate Planning Lawyer, Wills, Probate Court, Inheritance, Asset Protection, Trusts, Trustee, Probate Attorney, Charitable Donation

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