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Priscilla Presley gives rare update on million-dollar-legal battle with Riley Keough and where their relationship stands

Priscilla and the Daisy Jones & the Six actress have been battling over Lisa Marie Presley's estate

Priscilla Presley and Riley Keough at the The Humane Society of the United States Gala, Los Angeles, America - 07 May 2016
Beatriz Colon
Beatriz Colon - New York
New York WriterNew York
12 April 2023
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Priscilla Presley, amid months of an ongoing legal battle over her daughter Lisa Marie Presley's estate with her granddaughter Riley Keough, is maintaining that there is no rift within the family.

The two heirs to the Elvis Presley legacy and fortune have been marred with rumors of ill-will since Lisa Marie Presley's passing on January 12th, after Priscilla, days after her daughter's January 22 funeral, contested her daughter's decision to make the Daisy Jones & the Six star the sole trustee of her estate.

Now, while there has been no update on the legal front, the first and only wife of the King of Rock insists that everything is "fine" on the familial side of things.

WATCH: Lisa Marie Presley's last on-screen interview with daughter Riley

MORE: Priscilla Presley says Elvis Presley would say 'you are me' of Austin Butler's portrayal of him

Speaking at the Tyne Theatre and Opera House in Newcastle upon Tyne, she said her granddaughter was "great" and that there was no fight between them.

Additionally, she addressed rumors that she had been locked out of Graceland – she moved into the historic home when she was 18 after meeting Elvis when she was 14 – calling them "not true."

MORE: Priscilla Presley speaks out on her petition questioning Lisa Marie Presley's decision to give Riley Keough control of her will

"We are just fine," she added of her family, which includes Lisa Marie's twin daughters with Michael Lockwood, Finley and Harper Lockwood.

Lisa Marie Presley, Priscilla Presley, and Riley Keough attend the Handprint Ceremony honoring Three Generations of Presley's at TCL Chinese Theatre on June 21, 2022 in Hollywood, California© Getty
The three Presley women appeared to be tight-knit while attending events for the late singer's biopic featuring Austin Butler

The focus of Riley and Priscilla's legal battle has been an amendment the late singer made to her will in 2016 which made Riley, as opposed to Priscilla and her former business manager Barry Siegel, the sole trustee. Priscilla and Barry had been co-trustees since 2010, but in 2016, they were removed in favor of Riley and her late brother Benjamin Keough, who died by suicide at age 27 in 2020.

MORE: Riley Keough recalls her relationship with stepfather Michael Jackson: 'I loved him'

MORE: Riley Keough and Ben Smith-Petersen's relationship timeline as they confirm the arrival of their baby girl

Being that Lisa Marie is the only daughter of Elvis, Graceland – which he bought in 1957 for $100,000 at age 22, and today generates millions of dollars per year in revenue – is at stake.

Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Presley, Riley Keough, and Finley Aaron Love Lockwood attend the Handprint Ceremony honoring Three Generations of Presley's at TCL Chinese Theatre on June 21, 2022 in Hollywood, California© Getty
Part of Lisa Marie's estate also goes to her twins

Also at risk is a 15 percent stake in Elvis Presley Enterprises, which since 2016 was meant to go to Riley. This contributes to the millions of dollars the Presley estate generates each year.

Since 2013, Authentic, formerly Authentic Brands Group, has owned the rights to Elvis, and though Lisa Marie remained owner of Graceland until her death, the deal called for new management of the property.

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