Queen Elizabeth The Queen Mother bulk of her estate, estimated to be worth between £50 and £70 million, including paintings, Fabergé eggs, jewellery, and horses, to her surviving daughter, Queen Elizabeth II. Under an agreement reached in 1993, property passing from monarch to monarch is exempt from inheritance tax, as is property passing from the consort of a former monarch to the current monarch, so a tax liability estimated at £28 million (40 percent of the value of the estate) was not incurred. The most important pieces of art were transferred to the Royal Collection by Elizabeth II. Following her death, the Queen successfully applied
Queen Elizabeth 2 ship with the words "I name this ship "Queen Elizabeth the Second"," the normal short form of address of the monarch, Elizabeth II herself. The following day, the "New York Times" and "British Times" printed the name as "Queen Elizabeth II", the short form of written style of the monarch. However, when the liner left the shipyard in 1968 she bore the name "Queen Elizabeth 2" on her bow, and has continued to do so ever since. In an authorised history of "Queen Elizabeth 2" published in 1969, various explanations of events occur. These state that, as at the launch