Riley Keough is refusing to pay the debt on past due mom Lisa Marie Presley’s U.Ok. house twelve months after her dying.
Keough, 34, driven again on Barclays Financial institution’s request for her to pay an impressive stability of roughly $1.6 million, in keeping with criminal paperwork got through Us Weekly.
Presley bought her Coes Corridor property in Rotherfield, England, in 2010 with a mortgage from Barclays. The financial institution is now claiming that Presley in my opinion assured reimbursement sooner than she died.
Keough, who's the only real trustee of her mom’s property, maintained in her court docket submitting that she shouldn’t be held chargeable for the debt because of a statute of barriers requiring the financial institution to make its declare through January 12, the one-year anniversary of Presley’s dying. Keough additional alleged that Presley best assured mortgage pastime bills between 2010 and 2015.
Presley put Coes Corridor available on the market in 2016 after her cut up from then-husband Michael Lockwood. The house was once in the end offered in 2021.
Elvis Presley’s daughter died at age 54 in January 2023 after struggling a cardiac arrest. Her dying was once brought about through a small bowel obstruction, in keeping with an post-mortem document got through Us.
Along with Riley, Lisa Marie is survived through her mom, Priscilla Presley, and dual daughters Finley and Harper, 15, whom she shared with Lockwood, 62. (Lisa Marie’s son, Benjamin, died through suicide at age 27 in July 2020.)
Following Lisa Marie’s dying, Riley changed into engaged in a criminal combat with Priscilla, 78, who filed to contest her daughter’s will. A agreement was once reached in Might 2023, with Riley’s part sisters being named sub-trustees. Priscilla was once reportedly given a $1 million lump sum fee and $400,000 in criminal charges.
Riley clarified in her September 2023 Self-importance Honest quilt tale that she and her grandmother had been “never not happy” with one every other as they hashed out the main points of Lisa Marie’s will. A supply prior to now instructed Us that Riley served because the mediator between her mother and her grandmother.
“Riley knew there was contention with her mom and grandmother and has always tried to be a bridge between them,” an insider solely published in March 2023. “She’s still doing this even after her mother’s death, but still honoring her mother’s wishes.”
The supply additionally famous that “Riley knew she would be the trustee for her mother, so that was no shock,” including, “She’s been communicating with her dad and sisters.”
Twelve months after Lisa Marie’s dying, Riley shared a candy throwback photograph by the use of Instagram and captioned the snap with a center emoji. The put up got here days after Riley introduced she plans to unencumber the memoir her mom was once operating on sooner than her dying later this yr.