How Lisa Marie Presley's Estate Landed In Major Financial Trouble

While Lisa Marie Presley's family was able to work through their issues regarding the late singer's will, peace was only a temporary feat. In September 2023, Naussany Investments & Private Lending, LLC filed a lawsuit against the "Storm & Grace" artist's estate. According to the filing obtained by E! News, the financial business accused Lisa

While Lisa Marie Presley's family was able to work through their issues regarding the late singer's will, peace was only a temporary feat. In September 2023, Naussany Investments & Private Lending, LLC filed a lawsuit against the "Storm & Grace" artist's estate. According to the filing obtained by E! News, the financial business accused Lisa Marie of failing to pay back a $3.8 million loan, which was initially taken out in May 2018. The legal documents also revealed that "I'll Figure It Out" talent used her ownership of Elvis Presley Enterprises and Graceland as collateral. Lisa Marie had owned the King of Rock N Roll's estate from her 25th birthday in 1993 until her death. Lastly, Naussany Investments & Private Lending claimed that their last correspondence with the "High Enough" singer was in March 2022, despite numerous attempts at communication.

While the original lawsuit came with a hefty price tag, the aforementioned LLC did offer the estate somewhat of a deal. If the estate pays off 75% of the loan within 45 days, equaling $2.850 million, then the company would drop the lawsuit. As of this writing, Naussany Investments & Private Lending has yet to reveal if the debt has been paid. Since Lisa Marie's tragic death, her daughter Riley Keough has been the sole trustee of her mother's estate.The "Daisy Jones and The Six" star has yet to release a statement regarding the lawsuit.

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