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 The Queen Mother Queen Elizabeth The Queen Mother Elizabeth Angela Marguerite Bowes-Lyon (4 August 1900 – 30 March 2002) was the wife of King George VI and the mother of Queen Elizabeth II and Princess Margaret, Countess of Snowdon. She was Queen consort of the United Kingdom and the Dominions from her husband's accession in 1936 until his death in 1952, after which she was known as Queen Elizabeth The Queen Mother, to avoid confusion with her daughter. She was the last Empress of India. Born into a family of British nobility, she came to prominence in 1923 when she married the Duke