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Edward inherited the titles and estates of his father, the 2nd Earl of Derby, at the age of thirteen and King Henry VIII took responsibility for bringing him up until he was of age. His commissioners, including Cardinal Thomas Wolsey were responsible for most of his affairs.
Married to Dorothy Howard with whom he had six children.
See http://en.wikipedia.org/wiki/Edward_Stanley,_3rd_Earl_of_Derby for further information.
The Stanley family was descended from Ligulf of Aldithley, who was also the ancestor of the Audleys (see Audley-Stanley family - http://en.wikipedia.org/wiki/Audley-Stanley_family). Alison Plowde writes in 'Lords of the Land' (pp69-101) that the earliest Stanley ancestor is Liulf or Lydulph of Aldithley, Aldelegh or Audley who lived in the mid 12th century and this is confirmed by BurkeÆs Peerage which says Adam de Stanley brother of Lydulph had a son William who was granted Stanley and half of Balterley in Staffordshire by LydulphÆs son Adam de Audley. It is likely that he took the name Stanley from that place. (With thanks to Sue Hulse for the information and clarification on the Stanley family).
They were the third creation of Earls of Derby in 1485.
The senior line of the descendants of Thomas Stanley and Eleanor (or Alainor) Neville continued to hold the Earldom of Derby until the 1736 death of James Stanley, 10th Earl of Derby, and the title passed to a junior branch, the Baronets Stanley of Bickerstaffe, which still holds the title (from http://en.wikipedia.org/wiki/Thomas_Stanley,_1st_Earl_of_Derby).
There is no connection to Derbyshire with this line of the Earls of Derby and it is wrongly reported that Stoneleigh is in Derbyshire. The Stoneleigh mentioned is most likely in Staffordshire and the Stanley family's seat, at least from the 8th Earl of Derby onwards, is actually Knowsley in West Derby, near Liverpool.
This image is one of a collection by the famous local antiquarian, Thomas Bateman, of Middleton by Youlgreave. (1821-1861). Bateman organized his collection by inserting them into a 4 volume copy of Lysons Magna Britannia, Derbyshire, creating a fascinating and unique illustrated record of the county. The purchase of the collection for Derbyshire Libraries was made possible by the generous bequest of Miss Frances Webb of Whaley Bridge, well known local historian, who died in December 2006.