Riley Keough Becomes Sole Trustee of Lisa Marie Presley's Estate

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Riley Keough Becomes Sole Trustee of Lisa Marie Presley's Estate
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Riley Keough won a bittersweet legal victory on Friday, when she was named the sole trustee of the estate of her late mother, Lisa Marie Presley.

, and Michael Lockwood, the Guardian Ad Litem for her two younger siblings. The settlement terms, obtained by ET back in June, will see Riley serve as the sole trustee of her mother's estate and the sub-trusts for her sisters, 14-year-old twins Harper and Finley Lockwood.

For her part, Priscilla will serve as Trustee of the sub-trust for her son -- Lisa Marie's half-brother, Navarone Garibaldi -- who will be granted 1/9 of the Trust. The remaining 8/9 of the Trust will be split among Lisa Marie's daughters -- Riley, Finley and Harper. Additionally, Priscilla will receive a lump sum, one-time payment from the Trust for an undisclosed amount, and will now serve as a"Special Advisor to the Trust," with Riley paying her an undisclosed monthly amount for the role. , which he gave to his daughter, Lisa Marie, when he died -- in Memphis, Tennessee, and will allow Priscilla to retrieve any personal belongings she has at Graceland or in any storage units controlled by Graceland.

Riley will also"to the extent of her authority" allow Priscilla to be buried on the property at Graceland's Meditation Garden upon her death. The doc notes that Priscilla's burial location"will be at the location closest to Elvis Presley without moving any existing gravesite." reporting in May that she had requested to be buried next to her late ex-husband. However, Elvis is already buried between his grandmother, Minnie Mae, and his father, Vernon Presley.

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