The Presley family have been embroiled in a tense legal battle over the validity of Lisa Marie's will.
Lawyers for the two women told a Los Angeles courthouse on Tuesday they had reached an agreement after several months of bitter conflict.
"They have reached a settlement. Families are happy," Ronson Shamoun, Priscilla's lawyer, told reporters."Everyone is happy. Unified and together and excited for the future."Months of family tension has been brewing over the contents of the late actress’ will, which is estimated to contain at least $35 million in life insurance policies as well as access to the Promenade Trust.
Priscilla argued the amendment was invalid as Lisa Marie had not informed her of the changes as required by the trust.
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