Lisa Marie Presley’s ex-husband Michael Lockwood is taking an anything-goes approach to parenting the deceased Graceland heiress’ surviving teenage twins, Finley and Harper, say sources, who claim the hands-off approach is generating serious concern on the Presley side of the family.
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According to insiders, Michael and his current wife, celebrity makeup artist Stephanie Hobgood, have been treating the 16-year-olds more like adults than kids — letting them wear skimpy outfits, showering them with oversized monthly allowances and green-lighting a party-hearty lifestyle.
What’s more, sources say that non-helicopter parents Michael and Stephanie have allowed the high schoolers to pursue their celebrity aspirations, with Harper working on a nascent modeling career and Finley following in her grandfather Elvis Presley‘s footsteps by pursuing a life in music.
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“That is exactly what Lisa Marie did not want for her daughters,” says a source. “She wanted to shield them from public life and encourage them to pursue normal, everyday careers as regular, everyday people.”
“She felt like she had gone awry with [her son] Benjamin by letting him do whatever he wanted, and he fell in with the wrong crowd and she blamed herself for his eventual death from suicide.”
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“Now, the twins are acting more like Kardashians than embracing the low-key life Lisa Marie wanted for them — and Michael and Stephanie are just going with the flow.”
Complicating the situation are suspicions that Michael is also exploiting the twins to help revive his dormant music career, as well as using their inheritance to take splashy trips and live large around the globe, sources say.
“They just got back from Belfast and that’s only the tip of the iceberg,” says one insider. “The fear is that he’s using them to live the high life and get famous again.”
But Michael tells the National Enquirer that there is “absolutely no truth” to any of our reporting.
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Yet sources say the situation has particularly annoyed Lisa Marie’s mom, Priscilla Presley, 80, who saw firsthand how celebrity destroyed both Elvis and their daughter, and she wishes that her granddaughters could live more private lives.
“Priscilla is upset,” says a source. “The last thing she wants is to see her grandkids going down that glittery path of stardom because of the significant dangers and pitfalls associated with that sort of life.”
As the Enquirer previously reported, Michael, 64, gained sole custody of the twins after Lisa Marie died in January 2023 at age 54 from complications of a small bowel obstruction, which resulted from bariatric surgery she had several years earlier.
The pair endured a bitter divorce in May 2021, although they had been separated since June 2016.
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Ever since Lisa Marie’s death, Harper and Finley have lived primarily in Los Angeles with Michael and Stephanie — although they also spend time with Priscilla, sources say.
“Priscilla tries to exert what positive — and restraining — influence she can on the girls, but it only goes so far,” says an insider. “She doesn’t want to push too hard. She’s lost so many loved ones that she’s loath to alienate the girls — or Michael. She doesn’t like what’s going on, but there’s only so much she can do.”