Lisa Marie Presley and her ex-husband, Michael Lockwood, continue to feud over finances.
Although Elvis Presley's daughter and her ex split more than five years ago and finalized their divorce in May, money continues to be a sore subject, and Michael is now asking for help with child support — and he wants the funds to come from her late father, in a roundabout way.
In legal documents obtained by The Blast, Michael claims Lisa makes a substantial sum of money from her late father's estate and says their 11-year old twins reap the benefit of a lavish lifestyle while they're with her. He believes that he, too, should be able to provide the children with an equally privileged lifestyle when they're with him.
"Presley has significant income for purposes of a child support calculation, due to continuing and recurring distributions Presley receives from her trust(s) and from the significant assets including her family business," he says in the filing. "Presley's father was Elvis Presley, a world-famous entertainer and one of the most successful people in show business history. Presley is Elvis' sole heir and as such is an owner of Graceland and interests in Elvis' recordings, songs, merchandise rights, and life story rights."
Michael says that neither he nor his wife made much money on their own during their marriage, claiming nearly all of it came from the estate.
"In fact, both Presley and Lockwood earned very minimal income throughout their marriage, however as set forth in Lockwood's declaration, the Parties lived what can conservatively be considered a very extravagant lifestyle," the court filing says. "Their monthly expenses averaged at least $100,000 per month, and the Parties received funds from Presley's family business (either directly or by way of payments made on the Parties' behalf), and distributions from Presley's trust(s) as well as family gifts, which allowed the Parties' extravagant lifestyle."
Michael believes he should get a small percentage of whatever the Elvis estate makes in a year to help with child support, The Blast states. He also laid out how much he believes he's entitled to: If the estates makes $20 million in a year, he wants $61,463 a month; if the estates makes $10 million in a year, he wants $30,991 monthly. It evens out to about .003 percent.
A judge has yet to rule on the filing.