Recent news has revealed that the Queen’s fortune has been passed down directly to King Charles, following the decision made in 1993 that removed inheritance taxes on funds if they were transferred from one sovereign to another.

While this might be the most tax-efficient way to transfer wealth, it unfortunately means that none of the Queen’s other children, including Anne and Edward, have received any of the money. This has caused distress among some members of the royal family, particularly Prince Andrew.

A friend of Andrew’s has given an update on his situation, stating that he is “bewildered” and “in despair” over the King’s failure to give him a share of their mother’s fortune. Andrew’s situation is particularly dire since he has stepped down from his royal duties three years ago amidst allegations of sexual misconduct tied to the Jeffrey Epstein sex scandal, and has not received a stipend like his siblings, who are working royals.

Despite this, a source inside the palace has made it clear that Prince Andrew has not been uniquely targeted for ill-treatment. The late Queen had already made provisions for her children during her lifetime, and King Charles is within his rights to keep the money within the family, especially since it is tax-free if transferred from one sovereign to another.

However, Prince Andrew may consider doing an interview, like his nephew Prince Harry, as a source of income. This is understandable, but it is important to remember that the allegations of sexual misconduct tied to the Jeffrey Epstein sex scandal have not been fully resolved, and that the Prince continues to deny them. Doing an interview could be seen as attempting to monetize a controversial and damaging situation, which could damage the reputation of the royal family as a whole.

It is also worth noting that the King can give a tax-free gift to other royals provided he lives for at least seven more years. This means that there is still a chance for Andrew to receive a cash gift that is tax-exempt. For now, he must rely on the generosity of his brother, the King.

Overall, it is a difficult situation for all involved. On one hand, the King is within his rights to keep the money within the family, and the late Queen had already made provisions for her children during her lifetime.

On the other hand, Prince Andrew is in a tough spot, having stepped down from his royal duties and faced allegations of sexual misconduct tied to the Jeffrey Epstein sex scandal. While it is understandable that he may consider doing an interview as a source of income, it is important to remember the potential consequences of monetizing a damaging situation.

Source: 100PercentFedUp

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