Lisa Marie Presley has filed for a divorce.

It is alleged the mother-of-four – who has daughter Riley, 27, and son Benjamin, 23, with her ex-husband Danny Keough, and seven-year-old twin daughters Finley and Harper with the 57-year-old – wants full custody of her and Michael’s children.

However, Lisa – who married Michael in 2006 in a traditional Japanese ceremony in Kyoto, Japan - is willing to let the American guitarist visit their children, which will be monitored, although she is reportedly not requesting to receive any child support from the split.

Meanwhile, sources have claimed the pair have a post nuptial arrangement, which does not detail any division of property, and it is rumoured Lisa has not made the arrangement for financial gains.

A source said: “She [Lisa] doesn't want any of his money."

And the brunette beauty has reportedly listed the date of their separation as June 13.

Lisa – who was previously married to Danny, Michael Jackson for two years in 1994 and Nicolas Cage before wedding Michael – has previously admitted the secret behind her fourth marriage was Michael’s hands on approach.

Speaking previously, she said: “He takes care of everything. He picks the musicians. He gets them ready to tour.

“That's how we met, so we kind of knew each other that way and fell in love - you know, by just working together.

“I'm just amazed at how much he takes on and how much he deals with and handles.”