Will Prince Charles Receive Majority Of Queen Elizabeth’s Wealth When She Dies?

Prince Charles is the eldest son of Queen Elizabeth II, and he also happens to be her successor.

On the online forum site Quora, royal fans are wondering if the future king will receive the bulk of Her Majesty’s wealth when she passes away. Chris Smith, a retired high school history teacher, said that this will most likely be the case even though the Queen has three other children.

“That will happen as monarch to monarch inheritance is not subject to any inheritance tax laws in the UK. Anything the Queen leaves to anyone other than her successor as monarch faces the same inheritance taxes as everyone else in the country,” he said.

Smith added that the Queen has to set up trust funds for her other children and grandchildren to make sure that they will get a share of her wealth. However, the bulk of her estate, including Sandringham and Balmoral, will go to Prince Charles to make sure that it will be kept within the British Royal Family.

Nigel Boon, from the Church of England echoed Smith’s statement.

“The monarch traditionally passes their wealth and property to their successor so you are correct in your thinking. There is no doubt in my mind that she will bequeath gifts to all the immediate family but they will not be major properties such as Balmoral and Sandringham,” he said.

In related news, Prince Charles and the Queen also made headlines recently after royal fans questioned what would happen to the monarch if Prince Charles dies before Her Majesty. Considering that the Queen is already 93 years old, it is highly unlikely for her to live for another 30 to 40 years.

Some royal fans think that the throne will be passed on to Prince Charles’ eldest son, Prince William, who is currently second in line to the throne. Contrary to rumors, Prince Andrew won’t become King only because he was born after Prince Charles.

The line of succession would have to pass through all of Prince Charles’ descendants first before it could reach Prince Andrew.