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The royal family

Charles gets all the inheritance so will William.

257 replies

Fifi0000 · 12/03/2023 01:09

Reported in the press , I'm starting to see why Harry might be a little annoyed. He's still a spoilt brat and no excuse for everything he's done but still I'm starting to understand a bit of the bitterness. Charles has inherited all his mother's estate 650 million tax free monarch to monarch. None of the Queen's other children have received a cut. The queen's other children will have to see if Charles decides to give them anything. Perhaps Phillip left them something and it didn't all go to the Queen?.

I'm starting to see where the spares anger and the supposed genetic pain comes from. You are entirely beholden to the monarch and the heir. They have to follow the rules and protocol but don't get the massive wealth the heir does and you spend your life being lesser because of your order of birth. One day William will get the lot of the massive fortune and in charge of the purse strings. It's really an unfair system the heir and spares thing. I thought things like inheritance would be fairer. It's an archaic system for 2023.

He's still a massive twat but I understand a little why he has a massive chip on his shoulder.

OP posts:
RichardsGear · 12/03/2023 08:02

None of them are on the breadline are they? Jesus! I'll save my sympathy for the millions who are genuinely struggling. I couldn't give two shits about supposed genetic pain or any other bollocks, and not one of them will know how it feels to worry about how you're going to pay the mortgage, feed your children, buy their school uniform and keep them warm. It makes me sick.

Bigmirrorssmallrooms · 12/03/2023 08:04

They don’t always need to ask for money, what you on about. Harry was worth over 30 million when he left and was given frogmore to live in.

none of the royals are left broke. Lol.

Roussette · 12/03/2023 08:04

sydneysunset · 12/03/2023 07:49

Most of the posts on here talk as if he is moaning. He isn't.

Have you been living under a rock for the past three years? 😂

No. Thanks for your quip.

I am talking about this thread. Not stuff in the past. The media has Andrew moaning. Harry has not moaned about what the Queen has left him. Facts matter

Mothership4two · 12/03/2023 08:07

HappinesDependsOnYou · 12/03/2023 07:55

What exactly is the monarchs inheritance in though? Does it include the properties such as Kensington Palace etc or is it cash? A lot I imagine is the Royal jewels. It must be weird growing up being taught your only role in life is to be second to your brother. I don't understand why he couldn't be left to pursue his military career instead. He probably would have been much happier having an actual purpose

Money and assets (property, artwork, jewellery, horses and God knows what else) - her private wealth. Estimated (conservatively) at at least £400 million. Not Royal palaces or Crown Estates

KnittingNeedles · 12/03/2023 08:20

Not an expert. But surely a lot of it - the paintings, the houses, the jewellery, the antiques - belongs to "The Crown" rather than the individual who is on the throne at the time. So although Charles has a fortune of however much, he can't split it in two because much of it is stuff handed to the next King. Victoria had 12 (?) children, had she split her fortune 12 ways then it would all have been lost.

In normal families yes the fairest way is splitting evenly between heirs but I think a lot of the items in a monarch's estate isn't theirs to gift. They know that - hence Queenie making sure Anne/Edward/Andrew have places to live. They're not short of cash.

pinkySilver · 12/03/2023 08:23

It's not real money in the way that my Mum leaving her little bungalow all to my brother would be. It's paintings and castles that nothing can be done with. And it's not like he's going to stop working and run off to to a private island and spend it all. Or that Andrew or Ann couldn't afford next week's shop if they didn't get it.

And William doesn't even have it yet - and Harry has more than enough. So "seeing H's point" seems a bit of a stretch.

YetMoreNewBeginnings · 12/03/2023 08:23

HappinesDependsOnYou · 12/03/2023 07:55

What exactly is the monarchs inheritance in though? Does it include the properties such as Kensington Palace etc or is it cash? A lot I imagine is the Royal jewels. It must be weird growing up being taught your only role in life is to be second to your brother. I don't understand why he couldn't be left to pursue his military career instead. He probably would have been much happier having an actual purpose

It’s everything that the monarch owns personally. Nothing owned by Crown Estates or rhe Dutchies of Lancaster or Cornwall.

It includes properties - not Kensington Palace though as that’s crown Estate. so Balmoral and Sandringham primarily. I’ve no doubt they have other property investments as well.

Cash. Investments. Race horses. Personal jewellery.

sydneysunset · 12/03/2023 08:27

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Kitanai · 12/03/2023 08:29

I understand the ‘why’ part of upper class inheritance. It keeps estates together and stops the wealth being diluted.

What I could never understand is why they chose to pass it the estates/wealth/surname down the male line. It’s not exactly a fool proof way of following a biological line.

I imagine a few of the nobility today are actually descended from gardeners and stable boys 😂

KnittingNeedles · 12/03/2023 08:33

This is not just an issue which affects the wealthy.

It was a huge issues for Scottish crofting families - a croft is like a tiny farm which has enough land to support a single family. In the days when people were regularly having a dozen kids you simply couldn't split the land 12 ways or everyone gets a bit the size of a small front garden. Or even split evenly between the boys. So it went to the eldest son.

Fifi0000 · 12/03/2023 08:36

KnittingNeedles · 12/03/2023 08:33

This is not just an issue which affects the wealthy.

It was a huge issues for Scottish crofting families - a croft is like a tiny farm which has enough land to support a single family. In the days when people were regularly having a dozen kids you simply couldn't split the land 12 ways or everyone gets a bit the size of a small front garden. Or even split evenly between the boys. So it went to the eldest son.

George might be better off being one and done when the time comes. Infant mortality rate is very low nowadays so they don't need a spare anymore.

OP posts:
dottiedodah · 12/03/2023 08:47

Platebilledduckyperson I agree! PH is just sounding more and more tedious and boring .Most ordinary people have a small inheritance ,or as you say none at all.COL so high it takes all our money just to stay afloat! He really needs to wind it in. Hes moaning about PC and PW and expects to inherit at the same time.

Binfluencer · 12/03/2023 08:48

OP you're hilarious

It's unfair that they have all this stolen wealth, our money, not that William gets a bigger share!

😂😂😂😂

Mothership4two · 12/03/2023 08:50

It's private wealth @KnittingNeedles not Crown Estates and hundreds of millions was passed on to Charles.

There's always been a problem for farms too and not wanting to break them up. They are also exempt from IHT. My SIL worked for a farmer who spent his whole adult life building up and adding to his farm and he was sad as he became elderly that when he died it would be broken up - which it was between his four children. Which obviously was fair for them all

Streamside · 12/03/2023 09:10

WallaceinAnderland · 12/03/2023 02:28

Tax free? Are they exempt from inheritance tax?

Apparently yes if the money goes from monarch to monarch.

Roussette · 12/03/2023 09:15

dottiedodah · 12/03/2023 08:47

Platebilledduckyperson I agree! PH is just sounding more and more tedious and boring .Most ordinary people have a small inheritance ,or as you say none at all.COL so high it takes all our money just to stay afloat! He really needs to wind it in. Hes moaning about PC and PW and expects to inherit at the same time.

Harry is not moaning about his inheritance. Andrew is according to the media

gogohmm · 12/03/2023 09:18

The crown estate will be passed on monarch to monarch, it isn't their private money. Her private wealth is completely separate and she could have willed it however she wanted, we won't know for 90 years!

YetMoreNewBeginnings · 12/03/2023 09:19

gogohmm · 12/03/2023 09:18

The crown estate will be passed on monarch to monarch, it isn't their private money. Her private wealth is completely separate and she could have willed it however she wanted, we won't know for 90 years!

Her private wealth all went monarch to monarch - that’s the only way it avoids IHT.

TrashyPanda · 12/03/2023 09:23

Harry is a very bitter man.

Price21210 · 12/03/2023 09:30

You don't do and provide for one child and not the other(s).

Abra1t · 12/03/2023 09:35

You might not inherit as much money as the heir but you have been privileged all your life. You can use the resources of the family to train in something you are passionate about: horses, racing, breeding dogs, art, sailing, polo, art, skiing. That's something most people cannot afford to do. Your family has contacts with pretty well every industry or sport--or can find someone who has contacts.

TrashyPanda · 12/03/2023 09:40

Price21210 · 12/03/2023 09:30

You don't do and provide for one child and not the other(s).

Do you think the late Queen should have divided her assets by 4 and given each child an equal share?

TrashyPanda · 12/03/2023 09:41

Presumably the late Queen Mother should not have given Harry a bigger sum than her 7 other great grandchildren.

MrsFinkelstein · 12/03/2023 09:41

HappinesDependsOnYou · 12/03/2023 07:55

What exactly is the monarchs inheritance in though? Does it include the properties such as Kensington Palace etc or is it cash? A lot I imagine is the Royal jewels. It must be weird growing up being taught your only role in life is to be second to your brother. I don't understand why he couldn't be left to pursue his military career instead. He probably would have been much happier having an actual purpose

Most of the properties/land/jewels are Crown Property. They own Balmoral, Sandringham, Castle of Mey, Highgrove privately.

Harry had a choice to stay in the Army, but my understanding was he was unable to progress career wise as he failed Officer exams mandatory to be promoted
past Captain. Staying at Captain rank would mean he would be sidelined into desk duties by the Army. Not sure if he chose not to resit (or if he would have been allowed to), but he chose to resign.

milveycrohn · 12/03/2023 09:43

@Fifi0000
"They have to follow the rules and protocol but don't get the massive wealth the heir does and you spend your life being lesser because of your order of birth."
I DO think there is a problem with 'spares' in each generation, as they have not been given the tools to have an independent career.
Obviously, in the past, spares like P. Margaret were just expected to marry into another aristocratic or foreign royal family.
It is unrealistic to expect 'spares' to just support their elder sibling, and rely on the RF for income.
Very few seem to have any abilities as such. Yes, P. Edward DID try the TV route, but it was not very well received. (He used his RF connections to gain advantage)
Lord Linley did furniture design. P. Anne does horse stuff at Gatcombe Park, but otherwise they need to have an income that is independent of the RF.
If you want to keep income from the RF then you obey the rules.
Unlike some other countries, the UK does not have a law whereby you have to leave your children anything at all, or equal amounts. I understand in 'normal' households, wills can be contested, but the grounds for that are rather specific.