What will happen to Prince Philip’s multimillion pound estate?

Kings Court Trust’s latest blog explores the possible outcomes of the Duke of Edinburgh’s multimillion pound estate.

The United Kingdom went into national mourning last week as the news broke that His Royal Highness Prince Philip, Duke of Edinburgh, sadly passed away on Friday 9th April 2021 at the age of 99.

A question that is now starting to surface within the industry is “what will happen to Prince Philip’s multimillion pound estate?”. In their latest blog, Kings Court Trust explore how Prince Philip’s estate could be handled and reveals why the Queen could avoid paying any Inheritance Tax on the Duke of Edinburgh’s private wealth if he passed his entire estate to the monarch.

Kings Court Trust is an award-winning estate administration provider who takes care of the practicalities after death. If you have any questions about estate administration or how you can work in partnership with Kings Court Trust, call them on 0333 207 5470 or email partners@kctrust.co.uk.

 

This article was submitted to be published by Kings Court Trust as part of their advertising agreement with Today’s Wills & Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills & Probate.

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