Lisa Marie Presley had $35 million in life insurance, was in debt before death: report - Page Six

Lisa Marie Presley was millions of dollars in debt at the end of her life, according to a new report.

The late singer-songwriter allegedly cashed out two life insurance policies and intended to take out a third to pay off her $4 million debt, TMZ reported Monday.

Lisa Marie Presley reportedly took out three life insurance policies before she died.Steve Cohn/ShutterstockOf the $4 million debt she had accrued, at least half of it was meant for the IRS.

Reps for the late star didn’t immediately return Page Six’s requests for comment.

Lisa Marie’s mother, Priscilla Presley, is contesting her late daughter’s will.

After Lisa Marie’s debts are paid, the remaining fortune will be divided among daughter Riley Keough and twins Finley and Harper Lockwood.