According to some sources , Juan Ignaco's testament says his estate has to be divided into 2 parts, 50 percent going to the King and Queen's eight grand children and Prince Felipe and Princess Letizia, while the rest is going to a new foundation with social aims that yet has to be created. According to the will, Prince Felipe will become the chairman of the new foundation.
Earlier this week a spokesperson of the court said that still without knowing all the details of the Mr. Balada's inheritance, for whose generosity the prince and princess are great full, the couple have decided to use the part that will benefit them for causes of general and social interest. The royal household is still studying if they should accept the inheritance or not.
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