Who inherited Elvis Presley estate? is one of the questions that every celebrity is asked about after his death. The legend left behind a cash-poor estate worth $5 million. Lisa Marie Presley, who is now 25, will inherit the estate. In addition to her husband’s estate, she will also inherit his daughter Lisa Marie. She will have to turn over bank records prior to 2016, and the proceeds of the sale will be calculated based on the price of the property plus the value of the improvements made by the owner.
In addition to Graceland, Lisa Marie Presley owns all of Elvis’ personal effects and the mansion itself. She is also making the mansion permanently accessible for tours. Elvis Presley died at Graceland on August 16, 1977. His will named his son Vernon Presley as executor and his mother Minnie Mae as the beneficiaries. In addition to his estate, he also left trusts to Priscilla and Lisa Marie.
The estate is a complicated matter. Elvis had several children and had an enormous net worth. Even after his death, the estate continues to earn hundreds of millions in licensing fees. The question, “Who inherited Elvis Presley estate?” is a common one among fans. As such, it is best to hire a lawyer. If you are not comfortable with hiring an attorney, you can always consult with a financial adviser. They can help you navigate the complexities of the estate.