Wales does not exclusively hold the heir of the Crown. The British heir and eldest son is also Duke of Rothesay, Earl of Carrick, Baron of Renfrew, Prince & Great Lord Steward in Scotland, reflecting the title and historical styles of the heir to the Scottish throne. In England, he is Duke of Cornwall as the duchy's revenues and lands are exclusively reserved for the heir to the throne.
The title "Prince of Wales and Earl of Chester" reflects the bestowing of the lands to the King's son after being conquered in 1301. While it is accompanied by historical tension and sensitivities of sovereignty, it is inextrictably tied with a United Kingdom of England, Wales and Scotland.
The tradition of bestowing the title to the heir will continue unless Parliament agrees to grant Wales special status separate from the State as represented by the Crown. Not likely to happen.
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