Priscilla Presley Remembers Being Told She’d Have To Sell Graceland. Here’s How She Turned the Estate Around (Exclusive)

Priscilla Presley Recalls the Moment She Was Advised to Sell Graceland

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Priscilla Presley, the former wife of the legendary Elvis Presley, recently shared an exclusive insight into a pivotal moment in her life when she was told that she would have to sell Graceland, the iconic mansion belonging to the late music icon. Priscilla revealed this revelation in a cover story for PEOPLE magazine, highlighting the financial struggles the estate faced after Elvis’ passing in 1977.

Following Elvis Presley’s untimely death, his father Vernon took charge of Graceland. When Vernon passed away in 1979, Priscilla was entrusted as the trustee of the estate. At that time, Graceland was facing significant financial challenges, with only $500,000 remaining from the inheritance for Priscilla and Elvis’ daughter Lisa Marie Presley.

During this tumultuous period, Priscilla was informed by attorneys that Graceland was on the brink of being sold due to its financial woes. Refusing to accept this fate, Priscilla made a resolute stand, declaring that selling Graceland was not an option. This marked a turning point in her journey with the estate.

Determined to find a solution, Priscilla immersed herself in research and sought guidance from Morgan Maxfield, a visionary entrepreneur with experience in building gas stations. Maxfield played a crucial role in devising a plan to open Graceland to the public. Tragically, before witnessing the fruition of their efforts, Maxfield passed away in a plane crash in 1981.

Despite the heartbreaking loss of Maxfield, Priscilla persevered in honouring his vision. In 1982, Graceland welcomed its doors to the public, marking the beginning of a new chapter for the estate. Today, Graceland attracts approximately 600,000 visitors annually, with a diverse range of guests, including younger generations donning Elvis-inspired outfits.

In her upcoming memoir, “Softly as I Leave You: Life after Elvis,” set for release on September 23, Priscilla reflects on the enduring legacy of Graceland. She addresses misconceptions surrounding the estate, notably dispelling rumours about Elvis’ alleged continued presence at the mansion. Priscilla candidly shares that while she wishes Elvis was still alive, she is committed to preserving his memory and legacy through Graceland.

Priscilla’s journey with Graceland serves as a testament to her unwavering dedication and determination to uphold Elvis Presley’s legacy. Her resilience in the face of adversity and her commitment to preserving a cultural icon like Graceland exemplify her enduring love and respect for Elvis and his remarkable legacy.

As Priscilla continues to navigate the responsibilities tied to Graceland, her story stands as a poignant reminder of the enduring power of love and perseverance in the face of adversity. Through her unwavering efforts, Priscilla has not only safeguarded Graceland’s historical significance but also ensured that Elvis Presley’s spirit lives on for generations to come.