sentences:  Upon his death in 1979, he chose Priscilla to serve as the estate executor for Elvis' only child, Lisa Marie who was only 11.Graceland itself cost $500,000 a year in upkeep, and expenses had dwindled Elvis' and Priscilla's daughter Lisa Marie's inheritance to only $1 million.Taxes were due on the property; those and other expenses due came to over $500,000.