- Riley Keough is now the sole trustee of the late Lisa Marie Presley’s estate
- Riley filed a petition to approve the settlement agreement, stating that she will not charge for her role as a trustee
- By settling the claims and avoiding litigation, the parties are potentially saving legal fees and preventing arguing over how the estate should be handled
- The change in trusteeship was implemented on May 11th, after Priscilla Presley signed off on the change