Lisa Marie Presley was born into about $100 million in Elvis Presley's wealth. Decades later, that fortune was drained mainly. Court filings describe a long slide into debt, unpaid taxes, and high-stakeswith her former business manager. At her death, she reportedly owed more than 1 million dollars to the IRS and millions more to other creditors.

In this episode, attorney Leslie Marenco and guest Ernie Martinez break down what really happened with Lisa Marie’s trust, the lawsuit over alleged mismanagement, and the family fight over a 2016 trust amendment that shifted control to her daughter Riley Keough. You will learn how trustee oversight works, why small technical mistakes in trust amendments can spark big court battles, and how to protect generational wealth and landmarks like Graceland from predators and preventable legal mistakes.