Priscilla Presley will receive a one-time payout from the Trust.
On May 17, Keough and her grandmother, Pricilla Presley, announced a settlement was reached regarding Lisa Marie Presley's trust.
Priscilla Presley makes an appearance at her twin granddaughters middle school graduation but remains separate from the family.
The twins' 33-year-old sister, Riley Keough, did not attend the ceremony.
Priscilla Presley’s wish to be buried next to Elvis was denied in the settlement over Lisa Marie’s estate.
The report comes days after the parties involved struck a deal over Lisa Marie Presley's estate.
Priscilla Presley also had kind words for her granddaughter, Riley Keough.
Four months after Lisa Marie Presley's death, Priscilla Presley and Riley Keough reach an agreement in the battle over her estate.
Michael Lockwood also signed on to the agreement.
Presley died in January after suffering cardiac arrest.
Harper Vivienne Ann and Finley Aaron Love are currently 14 years old.
Priscilla opened up at 'An Evening to Remember' in the UK.
The musician also spoke about performing at her funeral.
The ex of the late King of Rock 'n' Roll took a walk down memory lane.
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