The Lady chose Charon, naming him and charging him to guide the souls of the dead from the Underworld and into transcendence. Throughout Charon's reign, she served as an oracle and seer, providing him counsel (and occasionally confession). The Lady is close to a religious figure in the Underworld, her mandate gave Charon right to rule the western dead, and as a sign of respect gave her the Isle of Fate and the Legion that bears her name. Following the Sixth Great Maelstrom, her fate is unknown, although she made elliptical comments about going to see what her son was doing.
- It is strongly suggested in Ends of Empire that the Lady of Fate is the mother of Caine; that is, she is Eve.
- On page 155 (on the unnumbered black pages of fiction near the very end of the book), the narrator says: "[The Lady of Fate] also mentioned that she was very tired, and she was hoping that her son would wind up his affairs soon so she could resolve matters with him... I asked how old her son was... She said around nine or ten thousand years, but that no one was counting anymore except the vampires."
- ...or if you see "mother" in a more metaphysical way, she also could be Lilith, who showed Caine the use of blood for fueling disciplines.
- According to author Bruce Baugh, dev intent was that the Lady is indeed Eve... and that she's not a wraith, being instead a unique entity who spends at least some of her time in the Underworld.
- Author Adam Tinworth has suggested that the Lady of Fate named Charon after a Halaku by the same name. This Fallen Charon created the Underworld. Names have power, and by invoking the name of the builder of the Shadowlands, it resonated with power, something that Wraith-Charon would have needed to get the fledgling Stygia off the ground.