Did Lisa Marie Presley Own Elvis’ Graceland Estate?

Graceland is the second most well-known house in the USA, behind the White Home. Elvis Presley all the time meant the abode to be full of household and laughter. It was the place Elvis lived for 20 years earlier than dying in his non-public rest room in 1977. After that, the Presleys used the house for household gatherings and holidays, even after opening it as much as the general public in 1982. However did Lisa Marie Presley, Elvis’ solely daughter, personal her ancestral house?

Lisa Marie Presley and Graceland Property | Axelle/Bauer-Griffin/FilmMagic/GAB Archive/Redferns

Graceland remained a spot that Lisa Marie known as house

Lisa Marie’s dying on Jan. 12, 2023, shocked followers. She returned to the Memphis, TN property simply 4 days earlier, on Jan. 8, to have a good time the life and legacy of her late father on his birthday. This annual occasion attracts Elvis followers worldwide, who have a good time the king of rock and roll at his beloved house. Memphis Travel commemorated the event on Twitter.

In an interview with Immediately, Lisa Marie shared her feelings regarding Graceland. She mentioned, “I’m all the time comfortable once I’m right here. It all the time jogs my memory of once I was the happiest, I feel, in my life. It all the time brings me proper there once I come again.

Lisa Marie spent Christmas 2022 with her family on the palatial property, reported Specific. Graceland archivist Angie Marchese informed the information outlet: “Christmas at Graceland for Lisa is always a very special time of the year. Today, she still brings her family here to celebrate the holidays. Graceland is a very special place not only for fans but also for Lisa. It’s home to her.”

Nevertheless, after Lisa Marie offered her majority curiosity in Elvis Presley enterprises in 2005, followers puzzled if she retained management of her ancestral house. Who owns Graceland?

Did Lisa Marie Presley personal Graceland?

Upon Elvis’ dying in 1977, his will appointed his father, Vernon Presley as executor and trustee, reported Graceland’s official website. The beneficiaries have been Elvis’ grandmother, Minnie Mae Presley; his father, Vernon Presley; and his solely little one, Lisa Marie. After Minnie Mae and Vernon’s dying, The Washington Post reported that Lisa Marie grew to become the Elvis Presley Belief’s sole inheritor. The belief managed Graceland and different property together with Elvis Presley Enterprises.

Upon Lisa Marie’s twenty fifth birthday in 1993, the belief routinely dissolved. She shaped a brand new belief to handle the property alongside along with her mom, Priscilla, and the Nationwide Financial institution of Commerce. Lisa grew to become the proprietor of The Elvis Presley Belief and its enterprise entity, Elvis Presley Enterprises, Inc.(EPE), till February 2005, when she offered her majority curiosity within the firm.

Lisa Marie retained possession of Graceland Mansion, the 13 acres round it, and the gadgets inside the house. The household launched no data concerning who would personal the property shifting ahead. Nevertheless, Lisa Marie doubtless willed the property to her youngsters Riley, Harper, and Finley.

How many individuals go to Graceland yearly?

Graceland welcomes over 500,000 guests every year. In 1991, the constructing was positioned on the Nationwide Register of Historic Locations. In 2006, it was designated a Nationwide Historic Landmark reported its the home’s official website.

The web site claims that the most well-liked instances for guests are between Memorial Day by means of Labor Day every year. Whereas within the colder months of the yr, the house welcomes a couple of hundred guests, within the hotter months, that quantity may swell to upwards of 4,000 per day.



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