👉 Baronetcy, also known as Baronial or Peerage, is a title that is given to persons who have served in the peerage of England and Scotland. It is an honorific title that was established during the reign of King James I in 1603. The baronetcy is given by the monarch upon the death of a peer, usually upon their spouse or children. The person receiving the baronetcy is known as the "baron" and has the right