The divorce of Elvis and Priscilla Presley was officially finalised. They remained close friends and held hands as they left the courthouse in Santa Monica.
Elvis Presley and Priscilla Presley finalized their divorce after six and a half years of marriage. Priscilla was awarded property, $725,000 in cash and $4,200 a month in support, plus half the proceeds from the sale of a Los Angeles home and five percent of the outstanding stock in two publishing companies. The couple left the Santa Monica courthouse arm in arm after the short hearing.
After five years of marriage, Elvis and Priscilla Presley filed for divorce. They agreed to joint custody of their daughter Lisa Marie. Priscilla received $725,000 in cash, alimony, 5% of Elvis's new publishing companies and half the proceeds from the sale of their Beverly Hills home.
Elvis Presley and Priscilla were in Las Vegas with the group after Colonel Parker sent them there because of a traffic accident near Elvis's home in Bel Air involving one of the members of the Memphis Mafia.
The mobile home once owned by Elvis and Priscilla Presley was auctioned together with Michael Jackson's glove at the GWS Auctions “Legends: Iconic Film and Music Memorabilia Auction”.