‘A trust fund had been set up at the time. It was a way for the Queen Mother to set aside money for when her great-grandchildren were older and a way to pass on part of her estate in a tax-efficient manner. It was a way that part of her estate could be set aside for them,” a former employee told the BBC.
According to the source, Harry and his brother, Prince Williamreceived £6 million when they turned 21, most of which went to the Save author. A further £8million is said to have been set aside for the siblings when they turned 40.
Princess Anne‘s children, Zara And Peter Phillips, Prince Andreas‘s daughters Beatrice And Eugenieas well as Princess Margaret’s children, Viscount Linley And Lady Sarah Chattoare reportedly listed as the other beneficiaries of the fund.
