According to a recent Mirror report, Princess Anne, believed to be safeguarding Harry's inheritance, granted him access to the majority of it at the age of 30. This raises a critical question: Is anything left of this substantial inheritance, or has it all been spent? To recap, Princess Diana's will named Francis Ruth Shand Kydd and Lady Elizabeth Sarah Lavinia McCorquodale as co-executors and trustees. Diana's wish was for her possessions to be divided among her two sons, William and Harry, along with her 17 godchildren. The bulk, following alterations to the will, could be accessed at the age of 30. Here's where it gets interesting.
Reports suggest Harry used his inheritance to acquire the grand residence in Montecito, California, where he and Meghan currently reside. The financial implications are significant, considering California's community property laws, which might entitle Meghan to half the property in case of a divorce, if they were married when purchased.
This revelation paints a concerning picture of Harry's financial situation, causing Prince William deep worry about his brother's decisions. The Mirror report speculates that Prince William is cautioning Harry about the potential fallout from using Diana's inheritance for what some may consider extravagant expenditures.
But the financial complexities don't end there. There's the trust set up by the Queen Mother for her great-grandchildren, including Harry. Details about the trust and its value remain veiled in mystery, with Princess Anne speculated to have control. Given the strained relationship, it raises questions about when or if Harry will access this additional fund.
Rumors suggest Princess Anne might consider allowing access at age 40, but this is uncertain. As we navigate this financial maze, it's clear Harry's choices have raised eyebrows within the royal family, sparking concerns about his financial stability. The future is uncertain, and the potential fallout from these decisions could be monumental.
