Los Angeles, California - As more details emerge following the sudden death of Lisa Marie Presley, it has been confirmed that the star's daughters will inherit their grandfather's famous estate.

Elvis Presley's legacy will continue among his family.

On Monday evening, a Graceland rep confirmed to People that the late star's three daughters – Riley, and twins, Finley and Harper – will become the owners of Elvis' one-time home.

Lisa Marie inherited her father's Memphis estate when she was nine-years-old, and the trust in which it was placed officially dissolved on her 25th birthday in 1993, giving her full ownership of the home.

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She then formed The Elvis Presley Trust to manage the property with her mother, Priscilla, and the National Bank of Commerce. The locale is now open for tours and overnight stays.

Now, the late singer's daughters will become the heads of the Presley landmark following her death on Thursday.

Currently, Lisa Marie's 14-year-old twin daughters are reportedly staying with their grandmother and will not return to their home, where the singer went into cardiac arrest on Thursday morning.

According to TMZ, Lis Marie's oldest daughter Riley is also staying with Priscilla and her sisters, while the twins' father Michael Lockwood, Lisa Marie's ex-husband, has also been taking care of the girls during this difficult time. Riley's father is Lisa Marie's ex-husband Danny Keough. The two also had a son, Benjamin, who passed away in 2020.

Lisa Marie was also briefly married to actor Nicholas Cage and pop icon Michael Jackson.

A public memorial service for Lisa Marie has been scheduled for Sunday at 9 AM CT on the front lawn of Graceland, where she will also be laid to rest.