Elvis Presley’s granddaughter, Riley Keough, is fighting to keep Graceland in her family.
Earlier in May, a notice for the foreclosure sale of Graceland — the home in Memphis, Tennessee, that Presley made famous — became public. It claimed that Promenade Trust, which oversees Graceland, owes $3.8 million to Naussany Investments and Private Lending after neglecting to pay back a loan taken out six years ago.
Keough inherited the Promenade Trust when her mother , Lisa Marie, died in January 2023 at age 54 after suffering a cardiac arrest. While Missouri-based Naussany Investments claims that Lisa Marie used Graceland as collateral to secure a loan that she did not pay back, Keough alleges in her lawsuit that the lender’s “documents are fraudulent. Lisa Marie never borrowed money from Nassau Investments and never gave a deed of trust to Nassau Investments.