Graceland is a mansion on a 13.8-acre (5.6 ha) estate in Memphis, Tennessee that was owned by Elvis Presley . It is located at 3764 Elvis Presley Boulevard in the vast Whitehaven community, about 9 miles (14.5 km) from Downtown and less than four miles (6 km) north of the Mississippi border. It currently serves as a museum. The mansion was opened to the public on June 7, 1982. The site was listed in the National Register of Historic Places on November 7, 1991, and declared a National Historic Landmark on March 27, 2006. Graceland is the second most-visited house in America with over 650,000 visitors a year; second only to the White House.
Elvis Presley died at Graceland on August 16, 1977. His will appointed his father, Vernon Presley, who had long handled Elvis’ personal, non-career business affairs, as executor and trustee. The beneficiaries were Elvis’ grandmother, Minnie Mae Presley; his father, Vernon Presley; and his only child, Lisa Marie Presley. The will provided that Vernon Presley could, at his discretion, provide funds to other family members as needed. Vernon Presley died in 1979. Minnie Mae Presley died in 1980. This left Lisa Marie Presley as the sole heir to the estate. Elvis’ will stated that her inheritance was to be held in trust for her until her twenty-fifth birthday, February 1, 1993.