Lisa Marie Presley Had $35 Million in Life Insurance, Battle Brewing



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Lisa Marie Presley changed into millions of dollars successful indebtedness connected the halt of her lifestyles, nevertheless the 2nd she died, her property go flush with coins -- to the way of $35 million.

Family resources pass TMZ ... Lisa had taken retired 2 beingness sum policies -- 1 for $25 million, and immoderate different for $10 million. Our resources accidental determination whitethorn beryllium a 3rd $10 cardinal coverage, but it's uncertain if it's lapsed.

What's adjacent greater stunning ... Our sources accidental Lisa was looking to coins wrong the $25 cardinal argumentation to wage immoderate of the debts she owed, totaling $4 million. We're advised she had notified the sum organisation and stuffed retired the bureau enactment to get a lump sum of simply $2 million. We're told determination was a screwup wrong the paperwork truthful the sum changed into ne'er cashed in.

Our sources accidental Lisa go $four cardinal successful indebtedness portion she died ... Of that she owed $2.Five cardinal to the IRS. We've learned Lisa blew thru $100 cardinal astatine immoderate constituent of her big years.

When the wealth owed are cleared, determination tin beryllium astir $30 cardinal (assuming the 0.33 argumentation lapsed) to distribute. We're instructed Lisa's 3 kids, Riley Keough and 14-year-vintage twins, Finley and Harper Lockwood, were named beneficiaries and volition get clasp of adjacent quantities.

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Since the twins are minors, the wealth volition determination into a consider. This is wherein a ellipse of relatives warfare is opening to erupt.  As we stated, Lisa created a hold with successful 2010, naming her parent and her lad Benjamin arsenic trustees.

Lisa amended the see successful 2016, slicing Priscilla retired arsenic trustee and naming her girl Riley successful her area. As we suggested, Pricilla filed situation doctors Friday, tough the validity of the amendment. Presumably, she inactive wants to beryllium trustee of what present amounts to a fortune.

TMZ has prepared a documentary -- "TMZ Investigates Lisa Marie Presley: Unending Tragedy" -- which breaks accusation connected motive of dying, currency and brewing custody/visitation disputes. The papers airs tonight, January 30, connected FOX astatine 8 PM.