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Elvis Presley’s iconic Memphis, Tennessee mansion, Graceland, will stay with the Presley family.
After Lisa Marie Presley passed away on Thursday, the estate in trust will benefit Lisa Marie’s three daughters, Riley, Harper and Finley, a Graceland representative confirmed to PEOPLE.
The King of Rock and Roll’s former home passed to his only daughter, Lisa Marie, after his death in 1977. It is now available for various tours and accommodation.
Lisa Marie had two children from her marriage to Danny Keough. She is Riley, 33, and Benjamin, who committed suicide in July 2020 when she was 27. She married Michael Lockwood in 2006 and now has 14-year-old twin daughters. Harper and Finley. Presley and Lockwood split in 2016, and their divorce was finalized in 2021.
Related: Lisa Marie Presley, daughter of Elvis and Priscilla, dies at 54: ‘The strongest and most loving woman’
Axel/Bauer Griffin/Filmmagic Left to right: Steve Binder, Harper Vivian Anne Lockwood, Lisa Marie Presley, Baz Luhrmann, Priscilla Presley, Riley Keough, Austin Butler, Finley Aaron Love Lockwood
According to Graceland’s official website, the estate was placed in trust when Lisa Marie was nine years old, and on her 25th birthday in 1993, the trust was officially dissolved, giving her full ownership of the home. was given. She then founded the Elvis Presley Trust and managed her assets with her mother, Priscilla Presley, and the National Bank of Commerce.
Related: Lisa Marie Presley was ‘peaceful’ while visiting Graceland days before her death, says friend David Kessler
On Thursday, January 12, Lisa Marie was rushed to hospital for possible cardiac arrest and died later that day at the age of 54. Priscilla confirmed her daughter’s death on PEOPLE.
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“It is with a heavy heart that I have to share the devastating news that my beautiful daughter Lisa Marie has left us,” Priscilla told PEOPLE Thursday night in a statement.
“She was the most passionate, strong and loving woman I have ever known. We ask for privacy as we try to deal with this profound loss. Thank you for your love and prayers.” .No further comments at this time.
Related: Lisa Marie Presley buried next to ‘beloved’ son Benjamin in Graceland
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On Friday, it was confirmed that she will be buried in Graceland’s Meditation Garden next to her son Benjamin.
“Lisa Marie’s final resting place will be in Graceland next to her beloved son Ben,” read a statement to PEOPLE from daughter Riley Keough’s rep.
It is also the final resting place of Elvis, his mother Gladys Presley, Elvis’ father Vernon Presley, and Elvis’ grandmother Minnie May Presley.
