Lisa Marie Presley leaves behind a lucrative Graceland — and a complicated financial legacy
Elvis Presley, the King of Rock and Roll, earns more in death than most people ever will in life.
But since the rock legend’s death in 1977, that posthumous payload has seen its share of twists and turns, with everything from his music catalog to his likeness rights buffeted by the winds of capitalism.
The death on Thursday of Lisa Marie Presley, his only child, has thrown another wrinkle into that legacy, and it could mean further changes ahead for the estate — including Elvis’ iconic Memphis, Tenn., mansion, Graceland.
The property is in a trust that will now go to the benefit of Lisa Marie’s children, a Graceland spokesperson said. “Nothing will change with the operation or management,” the representative said
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