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Lisa Marie Presley died too youthful at age 54 remaining month, and a model new documentary in regards to the singer's life reveals particulars about her property. "Lisa Marie Presley: Unending Tragedy," the newest installment of the "TMZ Investigates" documentary assortment, claims that Presley took out as many as three life insurance coverage protection insurance coverage insurance policies which have now left her property doubtlessly debt-free and "flush with cash."

The documentary research that Presley took out "as a lot as three" life insurance coverage protection insurance coverage insurance policies at quite a few components sooner than her untimely demise. According to TMZ's Harvey Levin:

"Sources inform us Lisa had taken out life insurance coverage protection insurance coverage insurance policies. One for $25 million {{dollars}}, and one for $10 million {{dollars}}…And there may have been a third $10 million protection nevertheless they aren't optimistic if it lapsed. Bottom line, there's better than $30 million {{dollars}} to be divided among the many many three kids."

That will be Presley's 14-year-old twin daughters Harper and Finley and 33-year-old actress Riley Keough, who're moreover inherited the well-known Graceland mansion in Memphis that was as quickly as owned by Lisa Marie's well-known father Elvis, and which nonetheless stands as a vacationer attraction for Elvis followers all around the world. That money may additionally go within the course of paying the reported tons of of 1000's in debt that Presley left behind when she died, along with a $2.4 million tax bill.

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Presley's financial woes have been properly publicized all via her life.  The $100 million fortune she inherited from her father in a belief fund held for her till her twenty fifth birthday was infamously burned via due to some poor cash habits and dangerous investments. As TMZ's Katie Hayes outlined:

"Lisa was certainly not disciplined about money…She was an enormous spender, and he or she made some dangerous investments. She mainly blew via $100 million {{dollars}} in 25 years."

That would have been the highest of the story, nevertheless Lisa Marie's mother Priscilla Presley goes to courtroom to attempt to get what she says is her rightful share of her daughter's property. The is disputing the authenticity and validity of an modification made to Lisa Marie's perception in 2016 which transferred trustee standing away from Priscilla and enterprise supervisor Barry Siegel and to Keough (and her husband Ben, who has moreover since handed away). In a approved submitting, Priscilla says that the modification was certainly not delivered to her, and that the dates and signatures on it are suspicious, citing notably Lisa Marie's signature which she claims is "inconsistent alongside together with her atypical and customary signature.

Unfortunately, the approved battle over Lisa Marie's property is all part of a pattern of assorted financial disputes and financial mismanagement all via her life. She was sued by ex-husband Michael Lockwood in 2016 over their prenuptial settlement, and as soon as extra in 2021 over allegedly unpaid toddler assist. She moreover sued enterprise supervisor Siegel over allegedly mishandling the Elvis property that had dwindled from $100 million at its peak to $14,000 in cash in 2016. Siegel countersued, saying it was Lisa Marie's "uncontrolled spending" that led to her dire financial straits.

The courts and Lisa Marie's insurers will lastly determine exactly how lots her kids will inherit.