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King Charles Opts To Keep Entire £650million Inheritance From The Queen, Leaving Siblings Baffled
100% Fed Up ^ | By Heather Allen | Mar 11, 2023

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.


TOPICS: Business/Economy; History; Society
KEYWORDS: charlesiii; cheapskate; donatefreerepublic; houseofwindsor; taxdodge; taxevasion; tightwad; unitedkingdom
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1 posted on 03/14/2023 12:40:01 PM PDT by Red Badger
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To: Red Badger

It’s good to be the king.


2 posted on 03/14/2023 12:41:25 PM PDT by HartleyMBaldwin
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To: Red Badger

Did she die without a will?


3 posted on 03/14/2023 12:41:28 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire, or both.)
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To: Red Badger

It’s good to be King!


4 posted on 03/14/2023 12:41:54 PM PDT by D_Idaho ("For we wrestle not against flesh and blood...")
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To: HartleyMBaldwin

Andrew may have to get a real job!...................


5 posted on 03/14/2023 12:41:57 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Learn to code.


6 posted on 03/14/2023 12:44:23 PM PDT by Joe 6-pack
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To: Red Badger

Smart dude considering the surviving misfits.


7 posted on 03/14/2023 12:44:28 PM PDT by blackdog ((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
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To: BenLurkin

Wills can be deposed by the new monarch.

See Edward VI...........


8 posted on 03/14/2023 12:45:22 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Either that or go to the block.


9 posted on 03/14/2023 12:46:08 PM PDT by HartleyMBaldwin
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To: BenLurkin

The article explains that since 1993 the inheritance goes from monarch to monarch.


10 posted on 03/14/2023 12:46:11 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: Red Badger

“Andrew is in despair. He’s been left completely in the dark......It’s all gone “monarch to monarch.” “

Pretty daggum clear to this deplorable.

well, that does it. Start playing the Beatles “Taxman”.
“be thankful i don’t take it all.....”


11 posted on 03/14/2023 12:46:40 PM PDT by drSteve78 (Je suis Deplorable STILL . )
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To: HartleyMBaldwin
"
12 posted on 03/14/2023 12:49:41 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Joe 6-pack

Get a job like the rest of us have to do.


13 posted on 03/14/2023 12:50:46 PM PDT by Roklok
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To: Jamestown1630

Not exactly.

It explains that the transfer of inheritance will be tax-free, if it goes only from monarch to monarch.

If it goes to the monarch and others, the inheritance gets taxed.


14 posted on 03/14/2023 12:51:08 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: BenLurkin

Apparently for tax reasons she left it all to Charles.
He sounds selfish greedy and irrational as well as neurotic.
Definitely not a noble figure.

Hopefully William will take over before Charles demolishes
what remains of respect for the Monarchy as living history.


15 posted on 03/14/2023 12:52:01 PM PDT by silverleaf (It’s not propaganda just because you disagree with it. )
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To: Joe 6-pack
Learn to code.
16 posted on 03/14/2023 12:52:23 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: Secret Agent Man

Yes; so they avoid the taxes. I assume Charles could gift others if/when he wanted to, though.


17 posted on 03/14/2023 12:52:46 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: Roklok

Look up primogeniture in your law dictionary.

If you need bread start a bank then buy treasuries at a discount and sell them to the Fed at par, it is how Buffet got his start.


18 posted on 03/14/2023 12:55:04 PM PDT by Kenny500c ( )
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To: Red Badger

only a five-year-old
believes any of this


19 posted on 03/14/2023 12:56:42 PM PDT by RockyTx
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To: Red Badger

Andrew thinks he gets to say who’s entitled to the royal fortune? Who died and made him king?


20 posted on 03/14/2023 12:57:43 PM PDT by HartleyMBaldwin
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