Posted on 03/14/2023 12:40:01 PM PDT by Red Badger
A palace source has revealed that the Queen’s fortune has passed directly to King Charles, noting that the inheritance is transferred ‘from monarch to monarch.’ In 1993 a decision was made that removed inheritance taxes on the funds if they were transferred from one sovereign to another, making it the most ‘tax efficient’ way to transfer wealth.
Unfortunately, this means that none of the Queen’s other children, including Anne and Edward, have received any of the money. So far, King Charles has failed to share the money with his siblings, and Prince Andrew has said he is ‘bewildered’ and ‘in despair’ over the King’s failure to give him a share of their mother’s fortune.
A friend of Andrew’s gave an update on his situation, saying, “Andrew is in despair. He’s been left completely in the dark. Andrew’s a member of the family, for God’s sake, yet he had no idea this was coming. I gather he’s checked it out, and it’s true. It’s all gone “monarch to monarch.” ‘What’s he meant to do? Go cap in hand to his older brother to keep a roof over his head? Things are going from bad to worse. It’s a disaster.”
Speculation on the financial situation has increased following the King’s refusal to pay a £32,000 bill for Andrew’s Indian yogi healer, who lives at Royal Lodge, Windsor, for up to a month at a time with the Yorks.
“Andrew hasn’t been uniquely targeted for ill-treatment. Her late Majesty supported her children during her lifetime and had made provision for them already,” a source inside the palace said.
However, there is speculation that Prince Andrew may consider doing an interview, like Prince Harry, as a source of income. Andrew’s siblings, Edward and Anne, are working royals who receive a stipend. But Andrew stepped down from his royal duties three years ago amidst allegations of sexual misconduct tied to the Jeffrey Epstein sex scandal. Andrew continues to deny the allegations.
According to the Dail Mail, the king can give a tax-free gift to other royals provided he lives for at least seven more years. Otherwise, a cash gift will not be tax-exempt. So, for now, Andrew is forced to rely on the generosity of his brother, the king.
You didn’t read the article, by law there is no tax if the fortune passes from one monarch to another. She did have a will.
Andrew spent his inheritance when the Queen paid his $12 Million dollar settlement for the Epstein mess.
‘What’s he meant to do? “
What any self-respecting person would do-get a job.
Charles II had a lot of kids named Fitz something.
Indian Yogi healers don’t pay for themselves, you know.
cafrt rweug nriqw
cnopr !
They ended the monarchy when they beheaded Charles I. Then after Oliver Cromwell died, the country fell to pieces, and begged his son Charles to come back and take the crown. England's problem is that since the Act of Settlement in 1701, they will only allow a Protestant to hold the throne. When Charles II died in 1685, he had no legitimate heirs, and his brother James II inherited the throne that year, then converted to Catholicism. He was driven from the throne in December 1688, and fled to France for the remainder of his life. His daughter Mary, who was married to William of Orange. Both were Protestants and took over the throne. Their daughter Anne inherited the throne in March 1702. She had no children that lived, and the crown passed to George I of Germany. During the First World War, the English Royal Family chose to change their last name from the German Saxe-Coburg and Gotha, to Windsor because of anti-German sentiment in the U.K.
Without the monarchy the UK would split into at least 3 countries. That would not be good for residents of the British Isles, Europe, the USA & the world!
And...? I should care about this because....?
My brother’s not the king but I have a roof over my head. What’s Andrew’s problem? If this is “how it’s done,” then ‘twere done well, no?
C3 is not my favorite royal but as Alfred P. Doolittle said, “Roit’s roit.”
I think they all should be stripped of their stolen wealth and forced to get jobs.
This is the same family that lived splendidly during the 1840's when Irish children (by the thousands) were starving to death.
There were so many deaths in Ireland then that the population now is still less than it was in 1840.
D’oh! Ouch
The US Royal family,too.
Oh puhleeze.
Maybe the Irish should’ve been brave enough to fight a revolution
Charles should put Andrew the pedophile in the tower of london for a while.
Andrew should learn to code.....
Good grief. Andrew knows very well that the monarch’s estate always goes to their successor. I think he’s just mad that Charles is cutting him off financially and making him move to a smaller mansion.
You sound like quite the little commie.
Yep.
Keeps those Andrew “screwed” from getting anything.
Where there’s a will, there’s a relative.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.