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Originally Posted by kelly9480
According to BP, Margaret left around 7 million pounds, not including the things she had transferred over before her death to avoid death duties. Both children owe on the estate taxes, not just David, because they both inherited from her. Margaret's fortune was estimated by one biographer (who admitted he couldn't stand her, so take it was a heap of salt) at around 30 million pounds, if all her belongings were included, meaning the house, the jewels, the cars, etc.
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It is a bit confusing reading the different estimates as to Princess Margaret's worth at death. $2-3 million dollars in not very much. A good investor, who worked at a decent job in the states would leave more than that. It seems to me it is probabaly between the 7million and the overstated 30 million pounds. It is sad that they have to sell off what should be a historical inheritance. The Queen Mother was able to tranfer, tax free, all of her valuables, in the Soverign to Soverign transfer and now the Queen is free to pass out the goodies to her children, without there being any tax. While Pricess Margaret's children are not so fortunate. Those with the most pay the least.