In The Vintage Years pilot, Angela refers to Lance as her heir, something she also did in Falcon Crest. I can understand why she felt that way in Falcon Crest because traditional families often prefer male heirs. Also, Julia was prone to make decisions based on emotion rather than good business principles and Emma was far too scatty, so Angela's decision to skip a generation and groom Lance to take over made a lot of sense. However, in The Vintage Years, Angela had a competent son from the outset, Richard Channing, so why wasn't he her heir rather than Lance? There is even a scene in the show in which she tells Richard that Lance has disappointed her and she has been eying Cole as a alternative successor. When Richard asks "What about me?", she is totally dismissive and replies coldly and tersely "You'll get what you deserve." When the full series was commissioned, some of the facts changed, so this issue didn't need to be addressed. However, I have a theory. It was originally planned that Richard wouldn't be Angela's biological son; he was in fact the result of an affair between Douglas Channing and Jacqueline Perrault and Angela was made to take in the child and pass him off as her son to avoid a scandal. Richard, not being a Gioberti, Angela didn't think he was suitable to inherit Falcon Crest. The revelation about Richard's paternity would have been a big storyline had the main series been completely faithful to the pilot. I also think this original plan was what inspired the season 6 twist which revealed that Richard was Angela's son. Although it was one of the biggest jaw-dropping twists ever in prime-time soaps, in reality it was just a rehash of an old idea. I might be wrong but it kind of fits the facts.