Prince William is set for a multi-million pound windfall next month - paving the way for him and Kate to buy their first home.
For William will become the first of Diana’s children to be able to take a lump sum out of his late mother’s will when he reaches 30.
He could be entitled to over £10m when he reaches the milestone on June 21.
'It will be quite a handy sum if he wants to buy his and Kate’s first family house. What else would he need the money for?' said one source.
William and Kate have made apartments at Kensington Palace their London home - but now they are about to have the money to do some serious house hunting for their first home - possibly close to Prince Charles’ Highgrove retreat.
William can also vary his mother’s will to allow brother Harry a greater share of the capital - in recognition that William will one day inherit the income from the Duchy of Cornwall when his father becomes king.
Diana left a net estate of £12,966,022 after inheritance tax of £8,502,330 was deducted.
It is widely believed that with shrewd investment the fund has grown to around £20m.
Her estate comprised stocks and shares, jewellery, cash from her £17million divorce settlement, dresses and other personal belongings at her Kensington Palace apartment.
Diana stipulated that it would be held in trust to be shared equally between her two sons, even though William will inherit income from the Duchy of Cornwall estate when he becomes Prince of Wales.
With wise investment by the trustees - which include her sister Lady Sarah McCorquodale - the fund will have soared.
Diana stipulated that it would be held in trust to be shared equally between her two sons, even though William will inherit income from the Duchy of Cornwall estate when he becomes Prince of Wales.
With wise investment by the trustees - which include her sister Lady Sarah McCorquodale - the fund will have soared.
News credit: Daily mail
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