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PERCHED on a secluded hilltop behind towering Corinthian columns, Graceland was Elvis Presley’s sanctuary for two decades. But tomorrow the grand mansion in Memphis, Tennessee , where the King of Rock ’n’ Roll and most of his family are buried, could be sold to pay off his late daughter’s £3million debt. The 120-acre property , the second most visited home in the United States after The White House, has been put on the market by an investment firm.

It claims that Lisa Marie Presley , who died in January last year, used Graceland as collateral when securing a loan. The treasured home, valued at half a billion dollars, can only be kept in the family if a last-minute legal challenge by his granddaughter Riley Keough succeeds. Hollywood actress Riley, whose films include Mad Max: Fury Road, claims Naussany Investments and Private Lending has no right to sell Graceland.



Her lawyers described the documents provided by Naussany as “fraudulent” and claimed Lisa Marie’s signatures were “forgeries”. Riley, 34, is the sole heir to Graceland and has found herself in the midst of legal battles since her mum died suddenly aged 54. They have included a tussle with her grandmother Priscilla Presley over the rock legend’s fortune.

Lisa lived an extravagant lifestyle and racked up huge debts at different points in her life. It was often the income provided by Graceland , where VIP tours cost £188 a ticket, that bailed her out. Riley, though, alleges in court documents: �.

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