Lisa Marie Presley testified Tuesday that she believed her estranged husband received the advice of an attorney before he signed the first of two versions of a postnuptial agreement in 2007 that barred him from seeking spousal support if the couple divorced.
“I thought he received counsel before he signed it,” the daughter of singer Elvis Presley said in reference to 57-year-old Michael Lockwood, to whom she has been married for more than 10 years.
Questioned by Lockwood’s lawyer as to whether it was true she never paid Lockwood money or gave him anything in exchange for waiving his right to spousal support, the 50-year-old Presley replied, “Correct.”
The only child of Elvis and Priscilla Presley filed for divorce in Los Angeles Superior Court in June 2016, and a non-jury trial of the validity of her postnuptial agreement with Lockwood — father of her 9-year-old twin daughters — is taking place before Los Angeles Superior Court Judge Dianna Gould-Saltman.
Lockwood maintains the agreement should be nullified because he did not understand what he was signing and because Presley did not have to give up anything in return for avoiding having to pay spousal support.
In other testimony, Presley’s former attorney, Jane Saltsman, said Lockwood’s attorney in 2007 never questioned the validity of the spousal support waiver, but did say he wanted to make sure his client shared in income from any jointly created music.
Lockwood testified Monday that he did not read the two versions of the postnuptial agreement Presley presented him in July and November 2007 before he signed them. He also said he is engaged to his current girlfriend and plans to marry her after his divorce from Presley is finalized.
Final arguments are scheduled Wednesday.
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