Saving graceland: a last ditch effort to save elvis presley's home from foreclosure

MEMPHIS, TN—Danielle Riley Keough, granddaughter of Elvis Presley, has filed a lawsuit to prevent the foreclosure sale of Graceland, the legendary home of the King of Rock ‘n’ Roll. Filed on May 15, 2024, the lawsuit targets Naussany Investments and Private Lending, and individual Kurt Naussany, accusing them of using forged documents purportedly signed by Keough’s late mother, Lisa Marie Presley.

Scheduled for auction on May 23, 2024, at the Shelby County Courthouse, Graceland’s potential sale follows nearly a year after a settlement was reportedly reached concerning the property’s ownership, previously disputed between Priscilla Presley and the estate of Lisa Marie Presley. Graceland is not only a residence but a major tourist destination with over 600,000 annual visitors, featuring a museum and the gravesites of Elvis, Lisa Marie, and her son, Benjamin Keough.

Riley Keough, a 34-year-old actress recognized for her role in the series “Daisy Jones & the Six,” is determined to preserve her family’s heritage. This legal challenge is a continuation of disputes that flared following Lisa Marie Presley’s sudden death in January 2023, which triggered a conflict over her estate’s management. The estate was primarily handled through a living trust, naming Priscilla Presley and Barry Siegel as co-trustees, a setup contested following a 2016 amendment favoring Lisa Marie’s children.

The amendment’s legality became a focal point after Benjamin’s death, leaving Riley as the sole surviving trustee, a position contested by Priscilla Presley in an effort to revert to the original trustee structure. Lisa Marie’s own legal confrontations with Siegel over the alleged mismanagement of her inheritance from Elvis added layers to the ongoing disputes, culminating in this high-stakes courtroom drama.

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