As we heard this week, Riley Keough and Priscilla Presley came to some kind of settlement agreement over Lisa Marie Presley’s estate. Priscilla challenged her daughter’s will, just days after Lisa Marie’s passing in January. Riley barely got a chance to mourn her mother before she had to lawyer up and deal with her grandmother’s drama. LM’s will basically cut out Priscilla’s longtime business manager from the running of the estate, and it was kind of clear that LM didn’t want her mom anywhere near the trust which (partially) controls Graceland and what’s left of Elvis’s music rights. As I said earlier, I suspect that Riley basically just gave in to whatever Priscilla wanted because Riley simply didn’t want the drama. Well, People Mag had an exclusive about just that:
Riley Keough is looking forward to putting family drama behind her. After the Daisy Jones & The Six star, 33, reached a settlement with her grandmother, Priscilla Presley, 77, in court on Tuesday over Lisa Marie Presley’s estate, a source tells PEOPLE exclusively Keough is hoping to move on.
“Riley is relieved to have settled the dispute over her mom’s estate. She doesn’t want any drama with her grandmother,” says the source of Keough, who was photographed in Vancouver on Wednesday picking up coffee. “She was hoping they could reach a settlement quickly.”
Lisa Marie — who was also mom to 14-year-old twins Finley and Harper (with ex-husband Michael Lockwood) — died suddenly in January at 54 years old, and “Riley is still grieving her mom,” adds the source. “It’s been very tough for her. She wants to focus on making memories with her own daughter now. This is her priority.”
Counsel for Priscilla and Keough said in court Tuesday their clients had reached a settlement, and that Keough’s team would be submitting a settlement request under seal for both the Promenade Trust and a life insurance trust.
“Everyone is happy. Unified and together and excited for the future,” said Ronson Shamoun, Priscilla’s lawyer, outside court. Added Keough’s attorney, Justin Gold: “[Riley] would not have agreed to the settlement if she was not happy with it.”
What a mess and what a family. It feels like Riley is just protecting her peace and not trying to deal with Priscilla’s drama and I don’t blame Riley at all. Riley doesn’t need the money – she’s got a career, she’s a talented actress. There’s some indication that Riley was basically in charge of negotiating her half-sisters’ part of the trust too, given that they’re minors and Riley is basically executor of her mother’s estate. Anyway, I hope Riley gets to focus on her husband and daughter now.
Photos courtesy of Cover Images, Avalon Red.
Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Presley, Riley Keough, Finley Aaron Love Lockwood attends the Handprint And Footprint Ceremony honoring Priscilla Presley, Lisa Marie Presley And Riley Keough at TCL Chinese Theatre on June 21, 2022 in Hollywood, California,Image: 701640210, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Pres, Credit line: – / JPI Studios / Avalon 
Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Presley, Riley Keough, Finley Aaron Love Lockwood attends the Handprint And Footprint Ceremony honoring Priscilla Presley, Lisa Marie Presley And Riley Keough at TCL Chinese Theatre on June 21, 2022 in Hollywood, California,Image: 701640266, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Pres, Credit line: – / JPI Studios / Avalon 
Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Presley, Riley Keough, Finley Aaron Love Lockwood attends the Handprint And Footprint Ceremony honoring Priscilla Presley, Lisa Marie Presley And Riley Keough at TCL Chinese Theatre on June 21, 2022 in Hollywood, California,Image: 701640279, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Harper Vivienne Ann Lockwood, Lisa Marie Presley, Priscilla Pres, Credit line: – / JPI Studios / Avalon
HOLLYWOOD, LOS ANGELES, CALIFORNIA, USA – FEBRUARY 23: American actress Riley Keough wearing a Schiaparelli Couture dress arrives at the Los Angeles Premiere Of Amazon Prime Video’s ‘Daisy Jones & The Six’ Season 1 held at the TCL Chinese Theatre IMAX on February 23, 2023 in Hollywood, Los Angeles, California, United States.,Image: 758399693, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Riley Keough, Credit line: Xavier Collin / Image Press Agency / Avalon 
Riley Keough attends the 2023 Vanity Fair Oscar Party Celebrating the 95th Annual Academy Awards Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 12, 2023 in Beverly Hills, California,Image: 762361963, License: Rights-managed, Restrictions: , Model Release: no, Pictured: Riley Keough, Credit line: – / JPI Studios / Avalon 
New York, NY – Actress Riley Keough arrives at The Late Show with Stephen Colbert in New York City. Pictured: Riley Keough BACKGRID USA 1 MARCH 2023 BYLINE MUST READ: MediaPunch / BACKGRID USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
Amazon Prime screening and Q&A of ‘Daisy Jones and The Six’ at 92nd Y in New York. Featuring: Riley Keough Where: New York, New York, United States When: 27 Feb 2023 Credit: Roger Wong/INSTARimages 
Riley Keough And Michelle Yeoh On Late Show With Stephen Colbert Show at the Ed Sullivan Theatre. Featuring: RIley Keough Where: New York, New York, United States When: 01 Mar 2023 Credit: Janet Mayer/startraksphoto.com/Cover ImagesncG1vNJzZmivp6x7pLHLnpmirJOdxm%2BvzqZmcWloZYJze9Gio56xj6CysMHGoZarnZyesrexw5irqJeYlsOmq9Keq62klZmsuLXToZahnaKUtLOtzZ2kqKyYmr%2Bgv8eelp2hlKPBoMPAp6uYnKKWuqJ7