Lisa Marie Presley’s Estate Sued For $3.8 Million Loan: Report

Lisa Marie Presley's estate is being sued for a $3.8 million loan. The singer, who died in January 2023, took out the loan in May 2018 using assets tied to her father Elvis Presley's estate as collateral, according to a new report.

The company Naussany Investments & Private Lending says Presley used her ownership stake in Elvis Presley Enterprises and in Graceland to secure the loan, according to ET. She had previously borrowed $450,000 in July 2016, but had paid it back in full less than a month later.

According to the report, Presley agreed to pay the full loan by May 2022, but then stopped hearing back after March 23, 2022. They are seeking a settlement where the trust pays 75% of the loan (which is $2.85 million) in 45 days.

In August, a judge approved the agreement between Presley's mom Priscilla Presley and Presley's daughter Riley Keough over Lisa Marie Presley's trust, which Keough was made the sole trustee of.

The judge also granted the family's request that approval of settlement is in the best interest for the minors (Keough's twin half-sisters Harper and Finley, 14) and has a signature from their father, Michael Lockwood.

Additionally, their motion to seal the dollar amounts of the trust provisions will be decided by the court at a later date. The Messenger was present in the courtroom for the ruling, though the legal counsel for parties involved did not offer comment.

In August, Presley's final home, which she had planned to buy, was sold for $4.6 million just four days after being listed.