There is allegedly a dispute brewing in the estate of Lisa Marie Presley.
An argument over the riches of the King of Rock 'n' Roll was sparked by the untimely death of Elvis and Priscilla Presley's only child.
Four days after what would have been Elvis' 88th birthday, on January 12, the 54-year-old passed away. She left behind her mother, who was battling for control of Elvis' legacy, and their twin grandchildren, Finley and Harper Lockwood.
Per Radar Online, the twins, whose father is Michael Lockwood, now own two-thirds of Lisa Marie's assets following her passing.
Riley Keough, their half-sister from Lisa Marie's first marriage to Danny Keough, is the rightful owner of the remaining third.
A few years ago, the troubled star gave up most of her stake in her father's estate, but he retained substantial wealth and control of Graceland. She also presided over a trust that her father, who allegedly had $65 million, had established.
According to an individual who spoke to the publication, Michael wants to inherit millions of dollars by being designated the executor of his daughter's trust and financial affairs.
But the insider said that Priscilla is fighting tooth and nail to get Michael's hands off the money because she thinks it belongs to Presley and wants to prevent Michael from touching it.
Insiders also claimed that Michael, who divorced Lisa Marie years after their 2016 breakup, is poised to restart his lingeringlegal money grab.
Lisa Marie consented to pay her ex-husband $6,000 a month in child support in order to avoid a nasty open trial. After years of financial hardship, Michael's ex-wife started stealing money, which prompted him to get assistance.
In addition to the movie starring Austin Butler, he even revealed her $3 to $4 million deal to write a book about Michael Jackson and Elvis Presley.
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Lisa Marie and Michael Lockwood were still fighting at the time of her death over the specifics of the support arrangement.
She had 60 percent custody of their children prior to it, while Michael had 40 percent. Now, Michael will probably have total authority over the kids, and Priscilla won't argue with him about it.
Insiders still think Michael will ask for a raise in child support given that this is taking place. However, according to reports, Priscilla will ensure that she has legal access to Harper and Finley and plans to ask the court for a ruling mandating visiting privileges.
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