The daughter of Elvis Presley, Lisa Marie passed away owing more than $1M in taxes

Lisa Marie Presley, the daughter of Elvis Presley and ex wife of Michael Jackson passed away on Thursday January 12th from cardiac arrest at age 54. Lisa Marie is survived by three of her four children, Riley Keough, 33, and twins Harper and Finley Lockwood, 14. Her son, Ben Keough, died by suicide in 2020.

Despite inheriting roughly $100 millions from her father, in recent months, Lisa had a debt with the IRS of just over a million dollars.

Last November, Lisa Marie had to reveal how her finances were doing as a result of the legal battle she was waging against her fourth and last husband, music producer Michael Lockwood, for custody of her twin daughters Harper and Finley. Lisa's finances showed that she spent $92,000 dollars a month, of which $23,500 was for rent and $1,700 for the payments of her Maserati luxury car. She also stated that she earned $4,361 a month as an "employee" of Graceland. Lisa Marie claimed to have just over $95,000 in cash and just over $714,000 in stocks, bonds and various assets.