Will Beatrice, Eugenie lose their lifestyle because of Andrew? Actual answer drops about trust fund babies
Princesses Beatrice, Eugenie are trust fund babies but that isn’t all, here’s why their finances won’t be impacted
Princesses Beatrice and her sister Eugenie are well known in British high-society circles, not just because of their father Andrew but also because of their trustfunds, husbands and corporate jobs, and royal finance expert Norman Baker finally drops how these things will make it near impossible for the sisters to really suffer at the hands of their father Andrew Mountbatten-Windsor.
He spoke about everything with The Daily Mail and during this interview he was quoted saying, “Anyone worried that the York daughters may end up short of cash given the shenanigans of their parents need not worry.”
The reason for this, is not just because the sisters married wealthy men, one of whom is an Italian Count with a luxury property business as well as another is a marketing executive and hospitality entrepreneur.
Furthermore, like Prince Harry, the girls also had trust funds set up by the Queen Mother, back in the early 1990s, and then another by Queen Elizabeth.
Mr Baker even went into detail regarding this during his interview and admitted that the trust funds “were designed to ensure the absolute minimum would have to be paid in tax.” But that’s not all, “their father also set up a trust fund for them.”
Another thing they have access too is royal properties, namely, two-bedroom apartment in exclusive St James's Palace which Princess Beatrice holds rights to use, alongside her primary residence in the Cotswolds.
Her sister also is to move into Frogmore Cottage, and also has a home in Portugal with her husband.
But that’s not even all, the sisters are also working women, so Beatrice a Goldsmiths graduate brings home almost £500,000 from her consultancy for business leaders, BY EQ, according to Hello! and her sister serves as director of the Mayfair art gallery Hauser and Wirth.
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