The Royal Forums Coat of Arms


Join The Royal Forums Today
Reply
 
Thread Tools Search this Thread Display Modes
 
  #441  
Old 07-21-2019, 03:26 PM
Duc_et_Pair's Avatar
Imperial Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 10,526
Quote:
Originally Posted by tommy100 View Post
The divorce papers showed that members of the Lux family still benefit from the family trust - it was this that owned and still owns the family home Louis & Tessy lived in and that Tessy will continue to live in. This was the trust maintains the family's lifestyle without letting too much capital out of the trust itself.
Yes, the Administration des Biens de S.A.R. le Grand-Duc ("Administration d'immeubles et autres biens immobiliers") in Luxembourg owns the family house of Louis and Tessy and will provide a house for Tessy and the two sons in the London area.
__________________

Reply With Quote
  #442  
Old 07-21-2019, 03:50 PM
Blog Real's Avatar
Heir Apparent
 
Join Date: Jan 2013
Location: Lisboa, Portugal
Posts: 4,673
According to unofficial sources, most of Europe's monarchs are well placed on international rich lists: Luxembourg's ducal family has approximately 5 billion euros, mainly invested in property. And Dutch royals lead by Queen Beatrix, who used to own 25% of Royal Dutch/Shell, are not strapped for cash either. King Harald V of Norway, who is related to the British Royal family and the proprieter of numerous properties in the UK, had the good luck to be blessed with an enormous inheritance.
https://voxeurop.eu/en/content/artic...heir-jewellery
__________________

__________________
My blogs about monarchies
Reply With Quote
  #443  
Old 07-25-2019, 12:00 PM
Duc_et_Pair's Avatar
Imperial Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 10,526
As I already argued in this thread, the assumed wealth of the grand-ducal family is completely sucked out of a big fat thumb.

The Court has now officially denounced the stories popping up these days as pure fantasy. The assumed fortune is just a small percentage: https://www.facebook.com/13215969683...0888277963078/

A simple deduction of this "young" dynasty which became reiging in Luxembourg in 1880 and the very fruitful expansion of the family already would bring any with a clear calculating mind to the same conclusion.

See post 429 in this thread.
Reply With Quote
  #444  
Old 11-03-2019, 04:53 PM
Heir Presumptive
 
Join Date: Oct 2013
Location: St Thomas, U.S. Minor Outlying Islands
Posts: 2,871
In the thread about the Luxembourg succession, it was asked if a reigning grand duchess of Luxembourg would be able to inherit the family fortune (the answer is yes). I have the same question in regard to the other monarchies which have recently amended their succession laws to be gender-blind.

Have they also arranged for their family fortunes to be left to the oldest child regardless of gender, or is there a chance that Count Claus-Casimir in the Netherlands, Prince Sverre Magnus in Norway, Prince Gabriel of Belgium, or Prince Carl Philip of Sweden could inherit properties or funds which until now have been owned by the monarch?
Reply With Quote
  #445  
Old 11-03-2019, 05:40 PM
JR76's Avatar
Heir Apparent
 
Join Date: Jan 2012
Location: Malmö, Sweden
Posts: 3,137
Quote:
Originally Posted by Tatiana Maria View Post
In the thread about the Luxembourg succession, it was asked if a reigning grand duchess of Luxembourg would be able to inherit the family fortune (the answer is yes). I have the same question in regard to the other monarchies which have recently amended their succession laws to be gender-blind.

Have they also arranged for their family fortunes to be left to the oldest child regardless of gender, or is there a chance that Count Claus-Casimir in the Netherlands, Prince Sverre Magnus in Norway, Prince Gabriel of Belgium, or Prince Carl Philip of Sweden could inherit properties or funds which until now have been owned by the monarch?
If you look into the Galliera collection, which although it's known as both a collection and foundation is a fideikomiss among the descendants of Queen Josefina, you'll find that the Swedish Government had its statues changed in 2013 so that the fideikomiss from now on will follow the monarch regardless of sex instead of as previously the oldest son. Prince Carl Philip approved the change and Crown Princess Victoria declared that she was willing to take on the responsibility of the fideikomiss. The Galliera collection contains many of the most important pieces of art in the Royal palace and big financial assets that to my knowledge is mostly invested in stocks. The Royal family have at least three other family foundations that, according to the Marshal of the Realm Fredrik Wersäll, in practice are more fideikomiss than foundations in nature but I haven't read anything about them having had their statues changed so I guess that these already allow for them to follow the monarch and not the oldest son.
Reply With Quote
  #446  
Old 11-03-2019, 05:42 PM
Majesty
 
Join Date: May 2014
Location: Pittsburgh, United States
Posts: 6,353
Quote:
Originally Posted by Tatiana Maria View Post
In the thread about the Luxembourg succession, it was asked if a reigning grand duchess of Luxembourg would be able to inherit the family fortune (the answer is yes). I have the same question in regard to the other monarchies which have recently amended their succession laws to be gender-blind.

Have they also arranged for their family fortunes to be left to the oldest child regardless of gender, or is there a chance that Count Claus-Casimir in the Netherlands, Prince Sverre Magnus in Norway, Prince Gabriel of Belgium, or Prince Carl Philip of Sweden could inherit properties or funds which until now have been owned by the monarch?
I will let the experts on the aforementioned countries answer that , but, without s deep knowledge of the subject, my understanding is that the King’s property is either privately held , or held in a public or a family trust.

If it is private property, then , in continental European countries. It most likely has to be divided equally between his children unless he transfers it in life to the Criown Princess and, even in the latter scenario, I am not sure if the law doesn’t require that the other heirs be compensated accordingly ( again, the experts here might be able to clarify it).

If on the the other hand the assets are held in trust, the trustee most likely is the holder of the Crown according to the laws of succession, so there is no possibility of the Crown Princess, when she is Queen, being by-passed by her brother.
__________________

Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Costs and Finances of the Swedish Royal Family An Ard Ri Royal House of Sweden 79 10-09-2020 11:03 AM
Royal Wealth and Finances Smartie2091 British Royals 1509 09-28-2020 02:43 PM
Costs and Finances of the Belgian Royal Family Marengo Royal Family of Belgium 118 07-16-2019 03:30 PM
Wealth and Finances of the Spanish Royal Family hrhcp Royal Family of Spain 156 04-06-2018 07:21 PM




Popular Tags
abu dhabi althorp american history anastasia anastasia once upon a time ancestry baby names british royals chittagong cht daisy diana princess of wales dragons duke of cambridge dutch dutch royals earl of snowdon facts family life family tree future games hereditary grand duchess stéphanie hereditary grand duke guillaume hill historical drama history house of glucksburg imperial household intro italian royal family jacobite japan jewellery jumma kids movie king willem-alexander list of rulers mailing mountbatten nepalese royal jewels norway norwegian royal family palestine prince charles of luxembourg prince dimitri princess ariane princess chulabhorn walailak princess eugenie princess laurentien princess ribha queen louise random facts royal dress-ups royal jewels royal marriage royal re-enactments. royal wedding serbian royal family snowdon speech spencer family thailand thai royal family tracts uae customs unsubscribe videos wittelsbach working royals; full-time royals; part-time royals;


All times are GMT -4. The time now is 05:17 AM.

Social Knowledge Networks

eXTReMe Tracker
Powered by vBulletin
Copyright ©2000 - 2020
Jelsoft Enterprises
×