In a positive turn of events, the settlement between Riley Keough, Priscilla Presley, and Lisa Marie Presley's estate has been officially approved by a judge, over six months after the agreement was reached in May. The settlement, which includes various financial arrangements and burial plans, brings a much-needed resolution to the legal matters surrounding the late Lisa Marie Presley.

According to sources, one of the key components of the settlement is a lump-sum payment of $1 million to Priscilla Presley from her daughter's life-insurance policy. Additionally, it has been confirmed that Lisa Marie will be buried in Graceland, as close to her father Elvis Presley's grave as possible without disturbing other graves.

Another important detail of the settlement involves the inclusion of Priscilla's son, Navarone Garibaldi, in Lisa Marie's trust. This decision ensures that Navarone will have a stake in his mother's legacy and estate.

To further acknowledge Priscilla's contributions and involvement, she will receive a payment of $100,000 per year for ten years, to be distributed on a monthly basis. This payment is in recognition of her role as a "special advisor of the promenade trust related to its shareholder interest in Elvis Presley Enterprises."

This resolution brings a sigh of relief for all parties involved, especially Riley Keough, who can now focus on supporting Priscilla without the added weight of legal issues. With the settlement finalized, the family can now move forward knowing that their concerns have been addressed and a fair agreement has been reached.

The approval of the settlement by the judge ensures that Priscilla will receive the financial support she deserves and guarantees Lisa Marie's burial arrangements are in accordance with her family's wishes. It is hoped that with this resolution, the Presley family can now find peace and solace, honoring the memory of their loved ones.

As fans and supporters, we are relieved to hear that the Presley peace talks have come to a conclusion. It is comforting to know that the legacy of Lisa Marie Presley will be remembered and cherished, while ensuring the well-being of her family members.