Who Inherited Lisa Marie Presley's Wealth? Details on Her Estate Trust
Discover who Lisa Marie Presley left her fortune to, focusing on her children's inheritance and the details of her estate trust.
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Lisa Marie Presley left her money primarily to her children. Specifically, her estate was placed in a trust for her three daughters, ensuring that they would be the main beneficiaries of her assets.
FAQs & Answers
- What is a trust in estate planning? A trust is a fiduciary arrangement where a trustee holds and manages assets for the benefit of beneficiaries.
- How does inheritance tax work? Inheritance tax is a tax levied on individuals who inherit assets and can vary based on jurisdiction and the value of the estate.
- Who are the beneficiaries of Lisa Marie Presley's trust? Lisa Marie Presley's trust primarily benefits her three daughters, ensuring they receive her assets.