When Priscilla Presley stopped by TODAY to give an update on Graceland\u2019s upcoming plans, she also gave an update on her family. She confirms that her daughter, Lisa Marie Presley, is "doing well." Priscilla says she is "worried" about the tell-all book that her daughter plans to release, including details about her late father and ex-husband Michael Jackson. \u201cThe are great, they\u2019re almost 11 years old now,\u201d Priscilla continues. \u201cTime is flying by so fast.\u201d Priscilla talks about what her twin granddaughters are up to Priscilla, Elvis, and Lisa Marie \/ Moviestore\/Shutterstock The 74-year-old grandmother took the opportunity to really gush about her twin granddaughters and it's pretty adorable. \u201cI think they\u2019re quite talented actually,\u201d Priscilla says. \u201cThey were in ballet and dance class and opera, so they\u2019re testing the waters a little bit.\u201d Sounds like the whole family has been keeping busy with their creative work! While Lisa Marie is working on her new book, Priscilla is working closely with director Baz Luhrmann on a biopic about the late King of Rock and Roll. Priscilla says that the family is "very much involved" with the creative process of the film. Lisa Marie Presley's family \/ Instagram Priscilla continues on about the upcoming biopic, \u201cIt\u2019s going to be a very interesting picture... Of course, Baz, it\u2019s going to be stylized very different and a different take, something quite honest. We\u2019re really looking forward to it.\u201d The biopic is currently starring Austin Butler as Elvis and Tom Hanks as his controversial manager, Colonel Tom Parker. Priscilla also gives her thoughts about what Elvis would think about the biopic if he were alive today. \u201cHe would not believe it,\u201d she says. \u201cTruly, he would not believe it.\u201d Elvis Presley, Colonel Tom Parker \/ GAB Archive\/Redferns\/Getty Images Lisa Marie Presley's new book As far as Lisa Marie's new book deal goes, we're all curious to see what new details could arise about the people involved. \u201cThere was a very profound point in the marriage when he had to make a decision. Was it the drugs and the sort of vampires, or me? And he pushed me away.\u201d Lisa Marie says about being with Michael Jackson. \u201cThe one thing that correlates with Michael and with my father on this subject is that they had the luxury of creating whatever reality around them they wanted to create.\u201d Michael Jackson and Lisa Marie Presley \/ PA Think you know everything there is to know about Lisa Marie Presley? Check out these interesting facts about her life you may have not known before!