In a recent development, Lisa Marie Presley's 14-year-old twin daughters, Finley and Harper Lockwood, have taken legal action to ensure they receive a fair share of their late mother's estate. The twins have hired legal counsel and requested a guardian ad litem in the trust case initiated by their elder sister, Riley Keough, 34, in June, six months after their mother's demise in January.
According to court documents, the twins sought legal representation for matters related to Lisa Marie's estate due to their minor status. The move is seen as a step to safeguard their interests as the family heads to court over the trust.
This development follows an agreement reached between Riley and their maternal grandmother, Priscilla Presley, 78. The agreement appointed Riley as the sole Trustee of her mother's estate. Priscilla agreed to drop her legal battle to be named co-trustee of her late daughter's trust in exchange for a $1 million payout from her granddaughter.
Priscilla had initially filed a petition claiming that Lisa Marie's will had appointed her and an ex-business manager, Barry Siegel, as co-trustees of her trust. She also questioned the validity of a 2016 amendment that removed her from the co-trustee role, citing doubts about the signature on the paperwork. However, Riley never responded to the case and instead privately negotiated the settlement with her grandmother.
At the time of her death, Lisa Marie was in significant debt but had taken out multiple life insurance policies. Her estate collected $35 million from these policies, with the only beneficiaries being Riley and her younger twin sisters, Finley and Harper.
The release of Lisa Marie's autopsy report revealed that she died from a small bowel obstruction. The report also found traces of Oxycodone, an opioid Buprenorphine used to treat opioid overuse, and Quetipaine, an antipsychotic drug, in her system.