Riley Keough and her husband Ben Smith-Petersen have found themselves in hot water with the Internal Revenue Service.
A federal tax lien has been filed against them for a due amount of nearly $70,000 that they allegedly neglected to pay in 2021, according to The Blast.
California's Franchise Tax Board has imposed a shocking $68,116.50 lien on Riley and her other half's former Woodland Hills residence.
Unless this debt is settled promptly, interest and additional fines could be added to what is owed.
It has been a challenging year for Riley Keough and her family, with news emerging that just ten months after Lisa Marie Presley, her mother, passed away, that she has been hit with a lien.
On January 12, 2023, Lisa Marie sadly died from a small bowel obstruction at 54 years old.
Lisa Marie Presley Mourned By Priscilla
In a recent interview with Piers Morgan for his British news show, TalkTV, Priscilla Presley - the grandmother of Riley, reflected on her tragic losses. Priscilla, who experienced heartbreak when Elvis passed away in 1977, shared that she believed her daughter to have been suicidal at the time of her death.
"Losing Ben was the hardest thing for her. He took his own life, and he was the love of her life, that child, she adored him. She would do anything for him, anything. And we were in Memphis, sitting up in the suite."
"And she said, 'Mom, I don't know if I want to be here,' and I go, 'What are you talking about?' 'You know, my Ben,' and she would go on about Ben and how she is still grieving, and this was a couple of months before."
Priscilla Presley Settlement
Despite her gracious offer of a substantial 7-figure sum, Priscilla Presley would not adhere to Riley Keough's request to drop her bid to be co-trustee of the late estate of her mother, the legendary songstress Lisa Marie Presley.
As part of Priscilla's legal battle, a settlement was reached between Priscilla and Riley.
At issue was Lisa Marie's trust fund, which was valued at $35 million.
In court, Priscilla presented a will indicating she and Barry Siegel were appointed co-trustees for her daughter's trust. It is known that upon her death, Lisa Marie had debts ranging from $3 to $4 million to be paid off to various creditors.
Before her death, Riley's mother created a hefty financial legacy for her children.
She did this by taking out multiple life insurance policies, which allowed them to receive $35 million upon her passing. The estate's beneficiaries are Riley and her twin sisters, Harper and Finley.
After lengthy deliberations, Priscilla emerged with a sweetheart deal worth $1.4 million - $1 million in compensation and an additional $400k to cover legal costs.
Notably, she had sought permission from Riley to be interred beside Elvis at Graceland during the talks; however, this request was not granted.
READ MORE: Priscilla Presley Had Concerns With 'Priscilla' Movie But Subtly Slams Lisa Marie's Comments
