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
Elizabeth R: A Year in the Life of the Queen also depicted with her mother, Queen Elizabeth, the Queen Mother, on Derby Day at Epsom in the film. The film mostly received positive reviews, including those from the Queen herself. The Queen organized a party for the crew at Buckingham Palace after watching the film before its public broadcast. It gained the largest audience for a documentary in the history of British television and was watched by more than half of the British population in 1992. The film won an award. Robert Hardman of "the Spectator" argued that Antony Jay, the script writer, redefined the function of the British Monarch