How does inheritance work in the royal family?

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about offers, events and updates from The Independent. But as complicated as they are for regular people, inheritance among the British royal family can be mysterious due to monarchs’ wills being sealed for decades after their death. But the King has reportedly stirred up “some resentment” among his younger siblings, the Duke of York, the Princess Royal and the Duke of Edinburgh over their late mother’s inheritance. However, the deal struck with Major’s government was part of a “Memorandum of Understanding on Royal Taxation” that states some royal assets are held by the monarch as “Sovereign rather than as a private individual”. King Charles III, Princess Anne, Princess Royal, Prince Andrew, Duke of York and Prince Edward, the Duke of Edinburgh, arrive to attend a Vigil at St Giles’ Cathedral, in Edinburgh, on September 12, 2022 However, Anne and Edward are working royals and can rely on handouts from the Sovereign Grant.