sentences:  When Rainier III died in 2005 he left both his palace and his country in a stronger and more stable state of repair financially and structurally than they had been for centuries.Today the palace is home to Prince Rainier's son and successor, Prince Albert II.The state rooms are open to the public during the summer, and since 1960, the palace's courtyard has been the setting for open-air concerts given by Monte-Carlo Philharmonic Orchestra (formerly known as the Orchestra of the National Opera).