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Post by Sarzy on Mar 10, 2023 23:08:02 GMT
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Post by no1novice on Mar 12, 2023 1:42:55 GMT
Prince Andrew is 'bewildered' and 'in despair' that the King has not shared the £650million inheritance from the Queen with his siblings after being the sole beneficiary of his mother's fortune
Prince Andrew has told friends he is ‘bewildered’ and ‘in despair’ over the King’s failure so far to share their mother’s fortune.
The King was the sole beneficiary of the Queen’s estate, estimated to be worth more than £650million.
There is said to be ‘some resentment’, particularly from the Duke of York, that he and his siblings have not yet been given what they feel they are owed.
A palace source said the Queen’s fortune had passed directly ‘from monarch to monarch’ because that was the most ‘tax efficient’ way to transfer it. A decision made in 1993 means no inheritance tax is paid on assets moving from one sovereign to another.
But that means none of the Queen’s other children, including Anne and Edward, have received money.
A friend of the Yorks said: ‘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.’
The news comes after it emerged yesterday that the King is refusing to pay a £32,000 bill for Andrew’s Indian healer, a yogi who comes to live at Royal Lodge, Windsor, for up to a month at a time.
In need of his own income, speculation is mounting that Andrew might ‘do a Harry’, as one source said, by taking part in a prime time interview.
A palace source said: ‘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.’
As working Royals, Edward and Anne receive a stipend from the Sovereign Grant to cover costs.
Andrew, however, stepped down from royal duties more than three years ago when he faced accusations of sexual assault, which he continues to deny vehemently.
He paid a multi-million pound fee to settle the civil case against him in America. It is thought he was helped with money from family.
Now, with no official duties and no job, Andrew is reliant on his brother’s generosity.
He has finally moved out of his offices at Buckingham Palace and, as The Mail on Sunday revealed, will almost certainly be forced to quit his 30-room mansion at Royal Lodge and move into Harry and Meghan’s Frogmore Cottage when they vacate later this year.. "vacate" aka are evicted.
A well-placed source said it was the Queen who originally proposed that Andrew move to Frogmore and it was not, as some suggested, a vindictive move from the King.
It is also understood that the Queen had thought it appropriate for William and Kate to move into Royal Lodge in due course.
The King has vowed to Andrew that he will leave him with a home and will continue to pay for his private security after he lost the right to be protected by Scotland Yard.
Royal expert Hugo Vickers said: ‘The Royal Family have done this sort of thing before. The Queen Mother left everything to her daughter, the Queen, in 2002.
‘As the monarch pays no tax, it’s a way of avoiding death duties – keeping the wealth intact. The Queen Mother gave instructions for which of her relatives should receive what gift, but her daughter was left in control. ‘I feel a little sorry for Andrew. I don’t condone what he’s done. Consorting with Jeffrey Epstein was beyond unwise. But he’s not a criminal and he’s been left in a very difficult situation.’
The King does not pay tax on the Queen’s estate thanks to the 1993 decision. The then Prime Minister John Major said this was to prevent the monarchy’s assets being ‘salami-sliced away’ though capital taxation over several generations.He told the Commons that it was ‘necessary to protect the independence of the monarchy’.
Charles doesn't need to evict H&M from frogmore since Bill & Cathy are currently in a 4 bed house - they could just swap. Rumours are that sulky petulant Billy doesn't like the small house anyway. Status & all that. Nothing to do with the size of his penis.
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Post by sputnik on Mar 12, 2023 2:37:29 GMT
i'm kind of shocked the queen didn't leave clear instructions for charles on what to do with the money and how much to give andrew, etc. unless she did but since he's sole heir he can legally choose to ignore them. i wouldn't be surprised if charles is pissed at how much the queen paid to settle andrew's lawsuit and is punishing him by keeping him on a tight leash. and andrew has an expensive lifestyle and knows he wouldn't get anywhere near 'spare' money if he wrote a book so he's probably having his friends whine to the press for him in hopes charles will be embarrassed and cough up some cash.
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Post by MsDark on Mar 12, 2023 3:34:46 GMT
Look, that article is bullshit. Andrew didn't step down from shit. Not of his own volition anyway.
Harry is the one who did that. And he's still getting way more than Harry if he's still getting a home and security.
Did pedo Andy really think he'd inherit 25% of the till? Surely he is not that delusional. That shit wouldn't have happened even if he'd never been associated with a child trafficker.
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Post by kittylady on Mar 12, 2023 23:46:52 GMT
Look, that article is bullshit. Andrew didn't step down from shit. Not of his own volition anyway. Harry is the one who did that. And he's still getting way more than Harry if he's still getting a home and security. Did pedo Andy really think he'd inherit 25% of the till? Surely he is not that delusional. That shit wouldn't have happened even if he'd never been associated with a child trafficker. Wanna bet? Creepy Andy has always, always lived beyond his incredibly considerable means and has probably continued to do so with the expectation and promise to creditors that he'd get an enormous wedge of cash and assets when his mother died. He might always be remembered now for his nasty involvement with Epstein but the fucker has had many other associations with very rich but very questionable people over the years, including arms dealers and dictators. I'd copy across the Wikipedia article that covers his (known) controversies but it's pretty long.
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Post by MsDark on Mar 13, 2023 0:11:30 GMT
Yeah but would he really have gotten a full 25% of Liz' money and assets with her death?
Or just a substantial sum and now he's getting nothing?
Oh except for his house and his security.
If that's really the case, then I'm impressed Liz cut him out of shit that he was counting on.
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Post by czb on Mar 13, 2023 0:13:10 GMT
it sounds like it was a tax avoidance ploy more than anything else. at least, that's the story that liz could tell when she was around.
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Post by MsDark on Mar 13, 2023 0:14:56 GMT
Nothing would surprise me.
She was still hanging out and being photographed with him.
I'm sure his pedo ass is set for life, and this public whining is manufactured bs.
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Post by czb on Mar 13, 2023 0:18:38 GMT
well if andy was indeed her fave, that likely didn't change even with the epstein association. i dunno, dude has an extreme lifestyle and it might be easy to blow through it. i remember the story about the gstaad 'chalet'.
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Post by MsDark on Mar 13, 2023 0:20:20 GMT
He was enough of an entitled asshat money-waster even before we knew about the worst of his behaviors.
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Post by kittylady on Mar 13, 2023 0:44:07 GMT
Fergie has been everywhere lately, spreading herself around like jam. I wonder if she's having to subsidise him now?
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Post by czb on Mar 13, 2023 1:18:49 GMT
^^^ either that or part of his free PR campaign.
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Post by chalet on Mar 13, 2023 3:25:32 GMT
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Post by Taniwha on Mar 13, 2023 11:37:55 GMT
I was amused that the British press was gleeful for a few hours that this proved that America has turned on the Sussexes, until the Internet reminded them that South Park had an older episode at Will and Kates wedding where he rips her arm off at the altar and shoves it up his ass. Oopsie.
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Post by Sarzy on Mar 13, 2023 16:26:27 GMT
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