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 numeric "2" – rather than a Roman "II" – to the decision by Cunard to use a more modern typeface to suit the style of the 1960s. The book also surmises that the naming of the liner after the reigning monarch, in the form Queen Elizabeth II, was potentially offensive to some Scots, as the title of Queen Elizabeth II (of the United Kingdom) relates to the lineage of the throne of England (the Tudor monarch Elizabeth I having reigned only in England). A later account by Ronald Warwick (son of William "Bil" Warwick, first master of "QE2"), who was