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Lisa Marie Presley had an annual earnings of $1.2 million previous to her loss of life on the age of 54 on Jan. 12, in accordance with courtroom paperwork obtained by HollywoodLife. The quantity was agreed on by her and her ex-husband Michael Lockwood, who can be the daddy of her 14-year-old twin daughters Finley and Harper, the paperwork present. There was additionally a Mandatory Settlement Conference relating to little one help funds attended by the previous spouses on Oct. 3., and so they set the bottom help utilizing a $1,204,020 annual earnings for Lisa Marie.
At the time of her passing, Lisa Marie was paying Michael, whom she filed for divorce from in 2016, $4600 a month in little one help for his or her twins. The paperwork additionally present he was searching for $48,818.31 in little one help for 112.7 hours and claimed it “was reasonable because he had to conduct Discover, such as, requests for production, interrogatories, review responses, etc.; draft and review pleadings, such as, Reply papers, RFOs, FOAH, etc.” Although their Oct. settlement assembly led to an settlement between each of them, they had been nonetheless in dispute relating to the phrases of the Proposed Judgment when Lisa Marie unexpectedly died of a reported cardiac arrest final week.
Last 12 months, Michael advised the courtroom he believed Lisa Marie was making round $238K a month (round $3 million per 12 months) from her late father, Elvis Presley‘s property and stated she acquired one other $1 million for her memoir and a considerable quantity of the Elvis biopic. Both Lisa and her mom, Priscilla Presley, had been in full help of the movie, which documented the life and profession of Elvis, who was performed by actor Austin Butler, and infrequently attended occasions, comparable to premieres, to assist advertise.
Lisa Marie and Michael had been married in 2006 and their divorce was finalized in 2021, 5 years after the preliminary submitting. Since she was the proprietor of her dad’s world well-known property generally known as Graceland, which is situated in Memphis, TN, it’s unclear if her three remaining youngsters, together with oldest daughter Riley Keough, 33, will inherit it or not now that she’s deceased. Lisa Marie’s second-oldest little one, son Benjamin Keough, sadly died by suicide in 2020.
On Jan. 15, Michael was noticed for the primary time since Lisa Marie’s loss of life. The guitarist and producer was photographed strolling exterior his Los Angeles, CA house whereas carrying a pink sleeveless shirt, denims, and a fur cap. Shortly after his ex-wife’s passing, he launched a press release by his lawyer that exposed he’s the one who’s been caring for Finley and Harper for the reason that tragic information. “Michael had been hoping for a speedy and complete recovery because her children needed her. It is very sad it didn’t turn out that way,” his lawyer Joe Yanny advised ET Online final week. “Michael’s world has been turned on its ear. He is with both of his daughters now.”