POP/ROCK - Feb. 2, 1993
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The Presley File: Elvis Presley’s daughter, Lisa Marie, turned 25 on Monday but won’t take over her father’s estate as provided in his will. Lisa Marie is leaving management of Graceland and other parts of her father’s multimillion-dollar estate to Jack Soden, head of Elvis Presley Enterprises Inc. That arrangement will continue for at least five years. For the past 15 years, the estate has been managed under a trust that dissolved Monday. The estate, worth $4.9 million when Presley died Aug. 16, 1977, is now estimated to be worth $50 million to $100 million.
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