Priscilla Presley<\/strong> told the IRS that she only had $6,000 in jewelry amid her battle<\/a> with granddaughter Riley Keough<\/strong> over the Elvis estate.<\/p>\n \u201cIn reality, Priscilla knew that she owned a multi-million-dollar jewelry collection, and owned collectibles on display and in storage at Graceland worth upwards of $25 million,\u201d according to court documents filed on Friday, October 3, obtained by the National Enquirer.<\/p>\n The documents were filed as part of the lawsuit<\/a> against Elvis Presley<\/strong>\u2019s ex-wife, 80, by her former business associates, Brigitte Kruse<\/strong> and Kevin Fialko<\/strong>.<\/p>\n According to the papers, Priscilla owed<\/a> the IRS $655,612 and was attempting to \u201cnegotiate down her tax obligations\u201d and \u201cfalsely misrepresented\u201d the worth of her jewels.<\/p>\n Superior Court of California<\/span><\/p>\n This happened \u201caround the same time as Kruse and Fialko were working to finalize the settlement between Priscilla and Riley, at Priscilla\u2019s demand (ultimately resulting in a multi-million-dollar payment that Priscilla needed, and resulting in multi-million-dollar payouts to other family members),\u201d the papers allege.<\/p>\n Kruse and Fialko claim they \u201cpushed to have [Priscilla\u2019s] assets appraised\u201d \u2014 including a diamond bracelet and earrings and 1970 Mercedes given to her by Elvis, as well as her wedding dress. \u201cRealizing that Cross-Complainants were actively pushing for her actual assets to be appraised and disclosed to the IRS (and given that Cross-Complainants had already successfully secured a multi-million-dollar settlement for her), Priscilla orchestrated their immediate termination,\u201d the suit alleges.<\/p>\n Superior Court of Californai<\/span><\/p>\n Priscilla reportedly received a $1 million lump sum payment from her granddaughter and a $100,000 yearly payment for her role as a special advisor to the trust, per People<\/a>.\u00a0According to a separate complaint<\/a> Kruse and Fialko filed against Priscilla\u2019s son, Navarone Garcia<\/strong>, also got a \u201cseven-figure\u201d piece of the trust, despite not being related to Elvis.)<\/p>\n This story Priscilla Presley Hid \u201cMulti-Million-Dollar\u201d Jewelry Collection Amid Fight Over Elvis Estate, Lawsuit Claims<\/a> first appeared on National Enquirer<\/i><\/a>. Add National Enquirer<\/i> as a Preferred Source by clicking here<\/a>.<\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.yahoo.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Priscilla Presley told the IRS that she only had $6,000 in jewelry amid her battle with granddaughter Riley Keough over the Elvis estate. \u201cIn reality, Priscilla knew that she owned a multi-million-dollar jewelry collection, and owned collectibles on display and in storage at Graceland worth upwards of $25 million,\u201d according to court documents filed on […]<\/p>\n","protected":false},"author":2,"featured_media":2079884,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25173],"tags":[365191,25617,390833,365192,322006,95813,357691],"class_list":["post-2079883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artists","tag-brigitte-kruse","tag-elvis","tag-elvis-estate","tag-kevin-fialko","tag-national-enquirer","tag-priscilla-presley","tag-riley-keough"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/10\/Priscilla-Presley-Hid-Multi-Million-Dollar-Jewelry-Collection-Amid-Fight-Over-Elvis.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2079883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2079883"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2079883\/revisions"}],"predecessor-version":[{"id":2079885,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2079883\/revisions\/2079885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2079884"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2079883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2079883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2079883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/span><\/div>\n
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