Reply With QuoteWhen a will is probated, the original is attached as part of the Petition to Probate, so it is part of the court documents and also public record.
Has anyone ever seen a copy of that? Elvis's is easily seen on the internet. Why not Vernon's. Are wills considered public records that anyone can get a copy of. If so, why is there non of available of Vernon's. We have been told for 30 years what it said, but has anyone actually seen it?
When a will is probated, the original is attached as part of the Petition to Probate, so it is part of the court documents and also public record.
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
Hmm just odd that all these years, and with the internet, I'm not sure anyone has seen a copy of his?????
Anyone can go into the civil records of whatever county that Memphis part of and pull up a search that will give you the Probate Docket No. which will correspond to the Succession. The only reason you would not be able to find a copy of the will would be if a gag order was placed on it, which would be given for a certain amount of time. But I doubt that this was the case nor have a read anything that states that. I would have to guess that no one is interested in Vernon's will since Elvis was the one that died first, had the controversy surrounding his estate and was tied up in litigation.Originally Posted by MissyM
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
That would be my guess also. If something of a controversial nature had been in Vernons will, it would have brought interest to it-and the press would have surely got a copy and it would be all over the news then and today on the Internet. Vernon had nothing to leave other than his own personal property and finances-separate from the Trusts holdings.
Elvis's will actually left Vernon nothing other than as stipulated in the will:
.....such portion of the principal at any time and from
time to time to time for health, education, support, comfortable
maintenance and welfare of.....
So he was guaranteed to live out his life free from financial worry (as long as the trust was solvent) But he got nothing he could in turn leave to anyone from Elvis's estate.
Absolutely, Ken. Just as an example of how some Succession work, here in our State, if a person's Estate is worth an amount of $50K or less AND does not own immovable property, then a Succession is not even necessary.
In Vernon's case, he lived in a house behind Elvis while married to Dee. Whatever happened to that house? Did he continue to live there after Elvis died or did he sell it and move into Graceland? It is possible that he didn't have anything in the way of immovable property when he died. The trust provided for him and Minnie Mae until their deaths.
Insofar as naming an Executor for his Estate and subsequently, a Trustee for the Trust, it would appear that Vernon may not have had much in the way of possessions, movable or immovable.
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
That's what I don't get. If Vernon, Minnie and Lisa were beneficiaries of Elvis's estate, does that mean they (Vernon and Minnie) got nothing because the estate wasn't sold in order to disburse monies??? That's what normally happens. Someone dies, their estate is sold and the money is divided between disignated beneficiaries. So if one dies before the estate is sold, then their heirs get nothing. Do I have that right?
No, that is incorrect. Lisa Marie was the sole beneficiary of Elvis' estate. Vernon and Minnie Mae were to have usufruct of the home and be taken care of by the trust.
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
Also, estates aren't sold and money divided. When the deceased has left a will, then the will is what is used to transfer the immovable and movable property. When a will is not left by the decedent, then the immovable and movable property is divided using that States Succession laws.
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
Well....I tried to load the pics but it keeps saying that it "failed"..maybe Gail can post hers. The house is in deplorable conditions...terrible. It's owned by someone in California. I can't imagine how the neighbors stand it. The empty, rotting pool has to be a safety risk.
Lisa was the sole beneficiary of Elvis' will.....
Here we go Elizabeth....admire this beauty.
I know. That's what I said. We've also covered this already here and in private emails.Lisa was the sole beneficiary of Elvis' will.....
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
That is so sad to see! Too bad Graceland could not buy it back and bring it back to its original condition.....
Where do I make reservations???? Do you know if this house was sold before Elvis died or after Vernon died?? I also wonder if the title was in Vernon's name or Elvis. I remember reading that he purchased the house for Vernon when he wanted them out of Graceland. These 2 things would determine what and/or if property was conveyed in Vernon's succession.Here we go Elizabeth....admire this beauty.
"More people today should see him not simply as a performer, but as an artist with a great soul."
John Bakke, professor emeritus
University of Memphis
Here's one more.......
Who is that by the gate.... is it Gail up to her old tricks again?
Okayyyyyyy~excuse meeeeeee.
The money was not suppose to be disbursed and equally divided that is not what the will says-it says to set up a trust.
Even if the estate had been sold-then the money would have been in the trust-used to take care of their needs as they arose but when Vernon and Minnie died that ended their coverage under the will. It also ended the coverage of the 4th list of unnamed relatives who might need some help or support as the executor saw fit.
(a) The Trustees is directed to take, hold, manage, invest and
reinvent the corpus of the trust and to collect the income
therefrom in accordance with the rights, powers, duties,
authority and discretion hereinafter set forth. ......
(b) After payment of all expenses, taxes and costs incurred in
the management of the expenses, taxes and costs incurred in the
management of the trust estate, the Trustee is authorizes to
accumulate the net income or to pay or apply so much of the net
income and such portion of the principal at any time and from
time to time to time for health, education, support, comfortable
maintenance and welfare of: (1) My daughter, Lisa
Marie Presley, and any other lawful issue I might have, (2) my
grandmother, Minnie Mae Presley, (3) my father, Vernon E.
Presley, and (4) such other relatives of mine living at the time
of my death who in the absolute discretion of my Trustees are in
need of emergency assistance for any of the above mentioned
purposes and the Trustee is able to make such distribution
without affecting the ability of the trust to meet the present
needs of the first three numbered categories of beneficiaries
herein mentioned or to meet the reasonably expected future needs
of the first three classes of beneficiaries herein mentioned.
Any decision of the Trustee as to whether or not distribution,
to any of the persons described hereunder shall be final and
conclusive and not subject to question by any legatee or
beneficiary hereunder.
(c) Upon the death of my Father, Vernon E. Presley, the Trustee
is instructed to make no further distributions to the fourth
category of beneficiaries and such beneficiaries shall cease to
have any interest whatsoever in this trust.(d) Upon the death of both my said father and my said
grandmother, the Trustee is directed to divide the Residuary
Trust into separate and equal trusts, creating one such equal
trust for each of my lawful children .....
The idea of this will was never to leave the estate in whole to anyone except Lisa.
Vernon, Minnie and the provision for relatives needing emergency assistance did not inherit anything except the promise of living expenses (as mentioned in the will) during their lives- until they died.
After they died the trust was Lisas alone until she reached the age specified to turn it over to her.
This will was set up to make Lisa the one and only inheritor of all property and money. There was never any provision to divide anything amonst the named and (unnamed people) in this will.
No..that's me. This is me as well, climbing the fence in the backyard.
Attachment 25473
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