Finances of the Young Royals

[Tatiana Maria]

You're all right - the foundations were founded as entails but changed into foundations by Oscar II.
That'll teach me not to post in the middle of the night after a bottle of wine...

What is the difference (in Sweden) betwen an entail and a foundation?

 

[LadyFinn]

Victoria, Carl Philip and Madeleine inherited 5 million SEK each from prince Bertil. And they inherited about 10 million SEK each from princess Lilian.

 

[tommy100]

Its been widely reported The Queen Mother placed a large amount of her wealth in a Trust Fund for some of her grandchildren and great-grandchildren in 1994. Some say as much as £19million was placed in trust for them. At the time it was said the trust Fund was for William, Harry, Zara, Peter, Beatrice, Eugenie, Viscount Linley and Lady Sarah Chatto.

https://www.theguardian.com/uk/2002/apr/03/queenmother.monarchy2
http://www.dailymail.co.uk/femail/article-560722/Princess-Beatrice-4-25m-student-digs.html


Of course none of us know if it is true but I suspect the Queen Mother will have placed some money in trust for her great grandchildren. Its also been said Princess Anne had a trust fund set up by her grandfather.

 

[JR76]

What is the difference (in Sweden) betwen an entail and a foundation?

An entail passes from one owner to the next accord to rules set down by the founder. The owner can dispose of an eventual income from the entail how they like but can't dispose off the property itself. Though it was possible to get permission to sell off property and place the capital in funds to be inherited according to the same rules. There was also the possibility to move the entail from one landed estate to another.

 

[Denville]

An entail passes from one owner to the next accord to rules set down by the founder. The owner can dispose of an eventual income from the entail how they like but can't dispose off the property itself. Though it was possible to get permission to sell off property and place the capital in funds to be inherited according to the same rules. There was also the possibility to move the entail from one landed estate to another.

Yes it is to protect a property from heirs that mght sell it off or lose it. If someone inherits property that is entailed they only have a life interest in it. I take it that a foundation is more flexible....