'Debt-ridden' Lisa Marie Presley who became 'flush with cash' after death leaves behind $30 million estate to 3 daughters
If you or someone you know is considering suicide, please contact the National Suicide Hotline at 1-800-273-TALK (8255).
LOS ANGELES, CALIFORNIA: Lisa Marie Presley, the only child of legend Elvis Presley, "died rich", as per the latest media report. After suffering from double cardiac arrest on January 12, the debt-ridden celebrity leaves a $30 million estate to her three daughters. In an investigative report, TMZ claims that Lisa Marie became "flush with cash" on the day she died. “Lisa was never disciplined about money,” said the outlet in the video clip.
“She was a big spender, and she made some bad investments. She basically blew through $100 million dollars in 25 years,” added TMZ producer Katie Hayes. “We’ve learned that at the time of Lisa’s death, she was $4 million in debt, including $2.5 million still owed to the IRS. But we found out that on the day she died, Lisa’s estate was suddenly flushed with cash,” continued TMZ Executive Producer Charles Latibeaudiere. The third TMZ Executive Producer, Harvey Levin in the report alleged, “Sources tell us Lisa had taken out multiple life insurance policies. One for $25 million, and the other one for $10 million. And there may have been a third $10 million policy but they’re not sure if it lapsed. Bottom line, there’s more than $30 million dollars to be divided among the three kids."
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Lisa Marie on son's death
The 54-year-old lost her son, Benjamin Keough after he committed suicide at the age of 27, reports DailyMail. He had been suffering from depression and substance abuse for years. Lisa Marie had written a moving essay and talked about how his death ‘destroyed’ the songwriter.
"Today is National Grief Awareness Day, and I have been living in the horrific reality of its unrelenting grips since my son's death two years ago. I thought I would share a few things to be aware of in regard to grief for anyone who is interested. If not to help yourself but maybe to help another who is grieving." It further read, “This is quite long, potentially triggering, and very hard to confront. But if we're going make any progress on the subject, grief has to get talked about. I'm sharing my thoughts in the hopes that somehow, we can change that."