Lisa Marie Presley had an annual earnings of $1.2 million previous to her death on the age of 54 on Jan. 12, in accordance with court docket paperwork obtained by HollywoodLife. The quantity was agreed on by her and her ex-husband Michael Lockwood, who can be the daddy of her 14-year-old twin daughters Finley and Harper, the paperwork present. There was additionally a Obligatory Settlement Convention relating to youngster assist funds attended by the previous spouses on Oct. 3., they usually set the bottom assist utilizing a $1,204,020 annual earnings for Lisa Marie.
On the time of her passing, Lisa Marie was paying Michael, whom she filed for divorce from in 2016, $4600 a month in youngster assist for his or her twins. The paperwork additionally present he was in search of $48,818.31 in youngster assist for 112.7 hours and claimed it “was cheap as a result of he needed to conduct Uncover, akin to, requests for manufacturing, interrogatories, overview responses, and so forth.; draft and overview pleadings, akin to, Reply papers, RFOs, FOAH, and so forth.” Though their Oct. settlement assembly led to an settlement between each of them, they have been nonetheless in dispute relating to the phrases of the Proposed Judgment when Lisa Marie unexpectedly died of a reported cardiac arrest final week.
Final yr, Michael informed the court docket he believed Lisa Marie was making round $238K a month (round $3 million per yr) from her late father, Elvis Presley‘s property and stated she acquired one other $1 million for her memoir and a considerable quantity of the Elvis biopic. Each Lisa and her mom, Priscilla Presley, have been in full assist of the movie, which documented the life and profession of Elvis, who was performed by actor Austin Butler, and sometimes attended occasions, akin to premieres, to assist put it up for sale.
Lisa Marie and Michael have been married in 2006 and their divorce was finalized in 2021, 5 years after the preliminary submitting. Since she was the proprietor of her dad’s world well-known property referred to as Graceland, which is positioned in Memphis, TN, it’s unclear if her three remaining youngsters, together with oldest daughter Riley Keough, 33, will inherit it or not now that she’s deceased. Lisa Marie’s second-oldest youngster, son Benjamin Keough, sadly died by suicide in 2020.
On Jan. 15, Michael was noticed for the primary time since Lisa Marie’s demise. The guitarist and producer was photographed strolling exterior his Los Angeles, CA residence whereas carrying a pink sleeveless shirt, denims, and a fur cap. Shortly after his ex-wife’s passing, he launched a press release by his legal professional that exposed he’s the one who’s been caring for Finley and Harper because the tragic information. “Michael had been hoping for a speedy and full restoration as a result of her children wanted her. It is extremely unhappy it didn’t end up that manner,” his legal professional Joe Yanny informed ET Online final week. “Michael’s world has been turned on its ear. He’s with each of his daughters now.”