Prince Harry's recent inheritance of $8.5 million—a result of Queen Mother’s estate plan—will not incur inheritance tax, avoiding typical tax regulations.
Investment experts note that Prince Harry’s receipt of funds from a trust established by his great-grandmother benefits from her estate planning, making it exempt from inheritance tax.
Due to the regulations at the time of the Queen Mother's passing, Harry's inheritance escaped taxation, as the trust was established long before her death in 2002.
The difference between Harry’s and William’s financial gifts has reportedly caused tension, with William and Catherine feeling 'disgusted' by the disparity in inherited wealth.
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