I am a ten letters word
The first four letters have the power to rule,
Next, four-letter can be eaten.
The next three-letter represents a lady.
I can fly as well
A father is locked up in jail. His wife has gone bankrupt. Their male child has to sell his hotel in order to gain some money. Yet their girl child does not care and is quite happy.
My first is in chocolate but not in ham. My second is in cake and also in jam. My third at tea time is easily found. Altogether, this is a friend who is often around. What is it?