Ch4 Dispatches tonight about Royals making money

OldFrill

Anniebach

The Queen Mother’s will was made public

It all went to her daughter so nothing to be secretive about.

She had set up trust funds for her great-grandchildren with the majority of her money going to them.

Harry received his share recently.

Allira

OldFrill

Anniebach

The Queen Mother’s will was made public

It all went to her daughter so nothing to be secretive about.

She had set up trust funds for her great-grandchildren with the majority of her money going to them.

Harry received his share recently.

Money was a small part of her fortune. The trust funds were a calculated tax dodge that paid off, of course.

William and Harry received some of the trust fund when they were 21, the rest when they were 40. Imagine the other GC were on the same deal.
Nothing to do with her will

Trust funds are legal , tax avoidance is legal and common practice, Tax evasion is illegal

The calculated dodge was whether she'd live 7 years (I think she was in her 90s when they were drawn up). Whilst not illegal the extent the RF take £££ from its "subjects" and return as little as possible back shows what a contemptible family of leeches they are. They seem to have no moral compass.

Anniebach

Trust funds are legal , tax avoidance is legal and common practice, Tax evasion is illegal

This granny knows how to suck eggs thanks.
I used 'dodge' = avoidance, l didn't suggest it was illegal. I consider avoidance immoral, usually executed via a loophole enabled by government that favours the wealthy at the expense of the poor.
Night night

Regardless of trust funds, the Queen Mother left her estate to the late Queen which meant, that it was estimated that around £20 m was saved in tax. Antiques, valuable works of art, racehorses etc.

By contrast, William and Harry paid around £6m in tax on their mother’s estate rather than exploit a similar legal device because of fears the public would react badly to efforts to avoid the bill. (The Guardian)

Apologies, there has been much in the press about Harry and
monies when age 40, I should have searched for info

These trusts and wills for the royals and aristocracy are very complicated.

Very, so not only the royal family wills can be closed ?

I thought they were the only ones who can apply to have wills sealed. Otherwise wills that go to probate are available for public scrutiny aren’t they?
Of course if there is hardly any money you don’t need to apply for probate, so doesn’t become public.

Most odd, I wonder now if Lord Mountbatten will is public ?

No, Mountbatten's will was not made public

I’m watching the Queens campaign against domestic violence. Horrific what goes on in some homes

No reports on the millions they pay in tax, yet another very one sided report

They are taxed differently to everyone else, and pay some voluntarily.
I very much doubt they pleaded to pay as much as possible.