run her household. By the end of the 1990s, her overdraft was said to be around £4 million. She left the 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 to the High Court so that details of her mother's will would be kept secret. This brought criticism from the Labour Party politicians and segments of the public, and the Queen eventually released the outlines of her mother's will. Arms Elizabeth's coat of arms was the royal coat of arms of the United Kingdom (in either the English or the Scottish version) impaled with the canting arms of her father, the Earl of Strathmore; the latter being: 1st and 4th quarters, Argent, a lion rampant Azure, armed and langued Gules, within a double tressure flory-counter-flory of the second (Lyon); 2nd and 3rd quarters, Ermine, three bows stringed paleways proper (Bowes). The shield is surmounted by the imperial crown, and supported by the crowned lion of England and a lion rampant per fess Or and Gules. Issue Ancestry See also List of titles and honours of Queen Elizabeth The Queen Mother List of covers of Time magazine (1930s) Notes References Bibliography External links Remember This – An Elegy on the death of HM Queen Elizabeth, The Queen Mother by Andrew Motion, Poet Laureate, at the BBC on The Royal Channel |- |- |- 1900 births 2002 deaths 19th-century British people 19th-century British women 20th-century British people 20th-century British women 21st-century British people 21st-century British women Bowes-Lyon family British Anglicans British centenarians Elizabeth Bowes-Lyon British women in World War II Burials at St George's Chapel, Windsor Castle Chancellors of the University of Dundee Chancellors of the University of London Companions of the Order of the Crown of India Dames Grand Cross of the Order of St John Dames Grand Cross of the Order of the British Empire Dames Grand Cross of