sndral
Serene Highness
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I frequently see references to these alleged trusts usually with suggestions that the Queen mother set them up for all of her great grandchildren. But in Mike Tindall's interview the other day he said that he and Zara had to pay their own way, so I'm not convinced the girls received trusts from their GGM. I did read that trusts were set up for the girls as part of their parent's divorce settlement - but those weren't very large. Of course Dave needs to socialize with the very wealthy to sell them very expensive space travel, so perhaps Branson pays for some of these jaunts as a business expense.
It will be interesting to see how Uncle Charles handles the Yorks' finances once the Duchy of Lancaster income is his.
Ok, I did my own research - here's what the BBC was writing the year the Queen mother died:
BBC News | UK | Queen inherits Queen Mother's estate
In 1994 she set aside 2/3s of 19 million pounds (or around 12.5 million pounds) to be divided amongst her 8 great grandchildren, which would work out to about 1.5 million pounds each. This article
The gamble that foiled the taxman | UK news | The Guardian
reports that William and Harry were to split 6 million at age 21 - presumably the higher number due to the trusts having increased since their 1994 founding, and then more at age 40.
So if both York girls had the same set up then they had access to part of the principal at age 21.
And here is an article referencing the 1996 divorce settlement where the Queen put 1.4 million pounds (or .7 million pounds each) into trusts for the York girls.
Duchess of York's divorce settlement was worth £3 million - Telegraph
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