Larkin, Ingrassia & Tepermayster, LLP
Need Help? Call Today
845-234-4852

Lisa Marie Presley in prenuptial agreement dispute with husband

Lisa Marie Presley, the daughter of Elvis Presley, is in the middle of a prenuptial agreement dispute with her estranged husband, Michael Lockwood. Presley married Lockwood in 2006, but filed for divorce in June of 2016. Presley is in a financial fight with Lockwood right now over the true value of her assets.

According to Lockwood, Presley claimed she was worth only $60 million when the two signed their prenuptial agreement. Lockwood thinks that Presley is worth much more than $60 million, but has failed to disclose all of her financials.

Presley is saying that her almost $300 million fortune is almost gone, while Lockwood is asking for $40,000 per month in spousal support and $100,000 in legal fees. Presley has laid claims that she is struggling to pay her divorce lawyer, which costs $5,000 per month.

Lockwood told the court that he has been living close to the poverty line since divorce was filed in June and that Presley has not supported him.

On top of the prenuptial agreement dispute, Presley claims she found very disturbing images on Lockwood's computer and that the former couple's twin daughters were living with their grandmother at the time.

Presley said that she has to pay for two nannies to be with the twin girls as monitors when they are with Lockwood, their father. Lockwood wants a post-nuptial agreement signed by the couple in 2007 to be shredded. The document reportedly stated that neither party should have a claim on either's property should the marriage end in divorce.

Lockwood has said that Presley still receives more than $5.6 million per year, or $466,000 per month, from the trust that Elvis set up for her prior to his death. Lockwood has also quoted Presley's tax returns, saying that from 2013-2015 she received more than $4.5 million per year in capital gains and dividends.

An experienced family law attorney in Newburgh, New York, can handle your prenuptial agreement disputes and explain your rights.

Source: IB Times, "Elvis Presley's grandchildren in care after 'disturbing images' found in family home - court papers," Feb. 17, 2017

No Comments

Leave a comment
Comment Information

We Can Help Fill out this form to contact our team of experienced attorneys

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us Today

Offices located in Newburgh and Middletown | Se Habla Español | Connect With Us:

Newburgh Office
356 Meadow Avenue
Newburgh, NY 12550

Toll Free: 877-278-5062
Phone: 845-234-4852
Fax: 845-566-5148
Newburgh Law Office Map

Middletown Office
626 East Main Street
Middletown, NY 10940

Toll Free: 877-278-5062
Phone: 845-234-4852
Fax: 845-344-4996
Middletown Law Office Map