Lisa Marie Presley Reaches Settlement With Ex-Husband Michael Lockwood In Nasty Youngster Help Battle

“Presley has significant income for purposes of a child support calculation, due to continuing and recurring distributions Presley receives from her trust(s) and from the significant assets including her family business,” his lawyer wrote. “Presley’s father was Elvis Presley, a world-famous entertainer and one of the most successful people in show business history. Presley is Elvis’ sole heir and as such is an owner of Graceland and interests in Elvis’ recordings, songs, merchandise rights, and life story rights.”

Michael wrote in a declaration, “I am struggling to survive and for the past year subsisted on little more than unemployment compensation and emergency relief compensation from the government. During our marriage, [Lisa Marie] insisted that I refuse jobs with other artists and forced me to work exclusively with her as a musician.”

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