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 Scholarship Trust Queen Elizabeth Scholarship Trust The Queen Elizabeth Scholarship Trust (affectionately known as QEST) is an art and craft educational trust created to sustain traditional British craftsmanship. It is a British institution committed to helping support craftspeople of all ages and from all backgrounds, at a critical stage in their careers. The trust was established in 1990 to celebrate the 150th anniversary of the Royal Warrant Holders Association and the 90th birthday of Queen Elizabeth The Queen Mother. In 2016, QEST welcomed Her Majesty The Queen Elizabeth II as Patron in her 90th birthday year. QEST offers two forms of grant