News -
Priscilla Presley has reached a settlement agreement over her petition questioning the validity of her late daughter Lisa Marie Presley鈥檚 will.
鈥淭he parties would like to report that they鈥檝e reached a settlement,鈥 Ronson J. Shamoun, Priscilla Presley鈥檚 attorney, told Judge Lynn Scaduto at a court hearing in Los Angeles on Tuesday.
The agreement pertains to the Promenade Trust, which names Riley Keough, Lisa Marie Presley鈥檚 oldest daughter, as the beneficiary of her late mother鈥檚 estate. Details of the agreement were not discussed in court. Attorneys for the parties said they plan to file a motion to seal the settlement agreement.
The judge asked for the settlement and the motion to seal to be filed by June 12 and set another hearing in the case for Aug. 4.
鈥淭he families are happy,鈥 Shamoun told reporters outside court. 鈥淓veryone is happy, unified, together and excited for the future.鈥
Justin Gold, attorney for Riley Keough, told CNN 鈥渟he is very content.鈥
Lisa Marie Presley, Elvis Presley鈥檚 only child, died in January after being hospitalized following an apparent cardiac arrest at her California home.
Priscilla Presley disputed a 2016 amendment to her daughter鈥檚 will which states that Lisa Marie Presley removed her mother and former business manager, Barry Siegel, as co-trustees, replacing them with her children Riley and Benjamin Keough. Benjamin Keough later died in 2020.
The petition, filed in January and obtained by CNN, alleged that Priscilla Presley did not receive the amendment while her daughter was alive, as required by her Trust, and that the document misspells Priscilla鈥檚 name. The petition also alleged that the amendment was not witnessed or notarized and questioned the authenticity of Lisa Marie Presley鈥檚 signature.
Lisa Marie Presley鈥檚 cause of death remains under review, according to the Los Angeles County Coroner.