This Is What Prince George Will Inherit When He Becomes King
While it’s hard to imagine now since he’s so young Prince William and Kate Middleton’s oldest son, Prince George, will be king one day. He’s third in the line of succession to the British throne behind his father and grandfather and whenever the day comes that he is cowned he will enjoy many of the same perks as the monarchs before him.
Here are some of the things he will inherit when he becomes king, plus when his parents are going to tell him about his destiny.
Prince George will get a royal duchy, jewels, whales, and dolphins
When he ascends the throne, Prince George will receive the Duchy of Lancaster which is a portfolio of land, property, and financial investments held in a trust for the Sovereign in their role as Duke of Lancaster.
The Duchy was established in the 1300s and is comprised of more than 45,000 acres of land holdings including urban developments, historic buildings, and farmlands throughout England. Its purpose is to provide a source of income for the reigning Sovereign.
Another thing George will have is tax-exempt status. While some royals choose to pay certain taxes, the monarch is exempt from the 40 percent inheritance tax on large estates.
He’ll inherit the Crown Jewels as well. Those precious objects are kept in the Tower of London and include pieces worn by past kings and queens at their coronations.
Although it sounds strange, as king George will also own dolphins, whales, and other aquatic creatures in the waters around England.
According to a 1324 statute from the reign of King Edward II, “The king shall have wreck of the sea throughout the realm, whales and sturgeons taken in the sea or elsewhere within the realm, except in certain places privileged by the king.”
That law is still valid today and covers porpoises too when they are captured within three miles of the U.K.
When his parents are going to tell him that he will king
Prince George doesn’t know about his future role yet as the Duke and Duchess of Cambridge have decided to delay telling him this early so he can have as normal a childhood as possible.
“As far as we are concerned within our family unit, we are a normal family. I love my children in the same way any father does, and I hope George loves me the same way any son does to his father,” William has said. “We are very normal in that sense. There’ll be a time and a place to bring George up and understand how he fits in, in the world. But right now it’s just a case of keeping a secure, stable environment around him and showing as much love as I can as father.”
Check out The Cheat Sheet on Facebook!