Marie Osmond is among the many celebrities who will not be leaving her fortune to her kids.
Talking with US Weekly back in January, she stood by her previously declared stance on the “disservice” that is leaving your kids money.
“Honestly, why would you enable your child to not try to be something? I don’t know anybody who becomes anything if they’re just handed money,” she said. “To me, the greatest gift you can give your child is a passion to search out who they are inside and to work. I mean, I’ve done so many things from designing dolls [and much more]. I love trying [and] I wanna try everything. I’m a finisher.”
“That’s one of my rules with my kids,” she continued. “If you start it, you finish it, you don’t ever have to do it again, but you gotta finish. And, I just think all [an inheritance] does is breed laziness and entitlement. I worked hard and I’m gonna spend it all and have fun with my husband [Steve Craig].”
Similar to the other celebrities who have expressed their opinions on giving their children their inheritance, including Elton John and Warren Buffett, Marie clarifies that she still tries to help out her children with necessities like a car or a home.
“I don’t not help my children,” she said. “I mean, [if] they need help [buying] a car or something, [I will pitch in,]. I love them to learn. You don’t love something if you don’t earn it. And so, even when they get their first car, you pay for half of it, get a job and learn the self-worth that [it] gives you.”
This past discussion she’s had with US Weekly is just a reiteration of her stance that she first revealed in 2020 while appearing on an episode of The Talk, where she called handing your kids your fortune a “disservice” and that the ability and desire to work is the “most important gift you can give you children.”
“You see it a lot in rich families where the kids, they don’t know what to do and so they get in trouble,” she explained in 2020. “Let them be proud of what they make. I’m going to give mine to my charity.”
Whether or not her eight children are upset that they won’t be receiving any money from her, her grandkids have no complaints, Marie sharing that she spoils the heck out of them.
“I just feel like this is the best time of our lives as women. Now I’m a grandma and I get to just spoil my grandkids,” she proudly shared with US. “I don’t have to raise them. Good luck. It’s fun.”
“I feel like I have the best life,” she added.
Sources:
https://www.cbsnews.com/news/marie-osmond-singer-inheritance-says-she-wont-give-her-children-money/
usmagazine.com/celebrity-moms/news/marie-osmond-defends-not-leaving-her-kids-inheritances-video/
