Riley Keough is refusing to pay the debt on late mom Lisa Marie Presley’s U.Ok. dwelling one yr after her loss of life.
Keough, 34, pushed again on Barclays Financial institution’s request for her to pay an impressive stability of roughly $1.6 million, per authorized paperwork obtained by Us Weekly.
Presley bought her Coes Corridor property in Rotherfield, England, in 2010 with a mortgage from Barclays. The financial institution is now claiming that Presley personally assured compensation earlier than she died.
Keough, who’s the only trustee of her mom’s property, maintained in her court docket submitting that she shouldn’t be held answerable for the debt attributable to a statute of limitations requiring the financial institution to make its declare by January 12, the one-year anniversary of Presley’s loss of life. Keough additional alleged that Presley solely assured mortgage curiosity funds between 2010 and 2015.
Presley put Coes Corridor available on the market in 2016 after her cut up from then-husband Michael Lockwood. The house was finally offered in 2021.
Elvis Presley’s daughter died at age 54 in January 2023 after struggling a cardiac arrest. Her loss of life was attributable to a small bowel obstruction, per an post-mortem report obtained by Us.
Along with Riley, Lisa Marie is survived by her mom, Priscilla Presley, and twin daughters Finley and Harper, 15, whom she shared with Lockwood, 62. (Lisa Marie’s son, Benjamin, died by suicide at age 27 in July 2020.)
Following Lisa Marie’s loss of life, Riley turned engaged in a authorized battle with Priscilla, 78, who filed to contest her daughter’s will. A settlement was reached in Could 2023, with Riley’s half sisters being named sub-trustees. Priscilla was reportedly given a $1 million lump sum fee and $400,000 in authorized charges.
Working issues out. Lisa Marie Presley’s loss of life has precipitated each emotional and authorized turmoil for her well-known household. Elvis Presley’s solely daughter died on the age of 54 on January 12, 2023, after struggling cardiac arrest. Although her eldest daughter, actress Riley Keough, took possession of her property upon her loss of life, Lisa Marie’s mom, Priscilla […]
Riley clarified in her September 2023 Vainness Truthful cowl story that she and her grandmother have been “never not happy” with each other as they hashed out the small print of Lisa Marie’s will. A supply beforehand informed Us that Riley served because the mediator between her mother and her grandmother.
“Riley knew there was contention with her mom and grandmother and has always tried to be a bridge between them,” an insider completely revealed in March 2023. “She’s still doing this even after her mother’s death, but still honoring her mother’s wishes.”
The supply additionally famous that “Riley knew she would be the trustee for her mother, so that was no shock,” including, “She’s been communicating with her dad and sisters.”
One yr after Lisa Marie’s loss of life, Riley shared a candy throwback photograph through Instagram and captioned the snap with a coronary heart emoji. The publish got here days after Riley introduced she plans to launch the memoir her mom was engaged on earlier than her loss of life later this yr.
