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Hace 6 horas · MEMPHIS, Tenn. (WMC/Gray News) - The historic home of the King of Rock and Roll could be sold at auction on Thursday to the highest bidder, according to a foreclosure notice.However, the estate’s heir says the notices are not valid. Danielle Riley Keough, daughter of Lisa Marie Presley, became the trustee of Promenade Trust, Graceland’s owner, after her mother’s passing in 2023.
Hace 6 horas · The legal notice claims that Riley's mother, the late Lisa Marie Presley, allegedly signed a Deed of Trust in 2018 to secure a $3.8 million loan, using Graceland as collateral.
Hace 6 horas · Upon Lisa Marie Presley’s death in January 2023, Riley Keough became the sole trustee of Graceland, inheriting the estate after legal battles with her grandmother, Priscilla Presley. The validity of Lisa’s will was questioned by Priscilla, leading to negotiations that resulted in Keough agreeing to pay over $1 million to Priscilla and cover $400,000 in legal fees.
