Lisa Marie Presley has said Graceland would be inherited by her children after her death. Elvis and Priscilla Presley's only child died Thursday at age 54.
Lisa Marie is the sole heir of Elvis’ beloved Graceland estate. According to Graceland’s website, Elvis listed his father, Vernon Presley, and his grandmother, Minnie Mae Presley, in his will."Vernon Presley died in 1979. Minnie Mae Presley died in 1980. This left Lisa Marie Presley as the sole heir to the estate. Elvis' will stated that her inheritance was to be held in trust for her until her twenty-fifth birthday, February 1, 1993," the website states.
Trust, to continue the successful management of the estate, with Priscilla Presley and the National Bank of Commerce continuing to serve as co-trustees."
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