Marie Osmond says her kids won't get an inheritance: All it does is 'breed laziness and entitlement' - Yahoo Entertainment

1 year ago 52

 Donald Kravitz/Getty Images)

Music fable Marie Osmond is holding steadfast successful her connection that she won't permission her children money. (Photo: Donald Kravitz/Getty Images)

Marie Osmond isn't budging connected her program to permission her children retired of her inheritance.

The erstwhile state singer, 63, opened up astir her plans to donate her wealthiness to foundation alternatively of leaving it to her 7 kids.

"Honestly, wherefore would you alteration your kid to not effort to beryllium something? I don’t cognize anybody who becomes thing if they’re conscionable handed money,” Osmond told Us Weekly. “To me, the top acquisition you tin springiness your kid is simply a passionateness to hunt retired who they are wrong and to work. I mean, I’ve done truthful galore things from designing dolls and overmuch more. I emotion trying and I wanna effort everything. I’m a finisher.”

Osmond, who recovered fame astatine a young property arsenic a subordinate of the celebrated Osmond family, is parent to 8 children: Stephen, 39, Rachael, 31, Jessica, 35, Brandon, 26, Brianna, 24, Matthew, 23, and Abigail, 18. In 2010, her 18-year-old son, Michael, died by suicide.

The vocalist firmly believes that leaving wealthiness tin discourage the younger procreation from moving hard.

"That’s 1 of my rules with my kids. If you commencement it, you decorativeness it, you don’t ever person to bash it again, but you gotta finish. And, I conscionable deliberation each an inheritance does is breed laziness and entitlement. I worked hard and I’m gonna walk it each and person amusive with my husband," shared Osmond, who remarried ex-husband Stephen Craig successful 2011, much than 25 years aft their divorce.

Osmond archetypal revealed her fiscal plans back successful 2020 during a conception connected The Talk successful which the hosts were discussing Kirk Douglas, who died successful February of that twelvemonth astatine property 103. The movie prima near astir of his multimillion-dollar luck to charity.

“I'm not leaving immoderate wealth to my children,” Osmond explained to her co-hosts. “Congratulations, kids. My hubby and I decided that ... I deliberation you bash a large disservice to your children to conscionable manus them a luck due to the fact that you instrumentality distant the 1 astir important acquisition you tin springiness your children, and that’s the quality to work."

Osmond added that children of affluent families often “don’t cognize what to do” and “get successful trouble." “Let them beryllium arrogant of what they make, and I’m going to springiness excavation to my charity," she added.

Despite her statements, Osmond elaborated that she has nary occupation helping retired her children financially done their lives, whether it's to acquisition a location oregon a car.

Encouraging her children to find fiscal occurrence connected their ain is an important acquisition for Osmond, who antecedently explained that she has recovered tremendous worth passim her six-decade vocation successful the amusement industry.

"I've been precise blessed to spot my enactment arsenic enactment and my beingness arsenic life," she told Yahoo Life successful January 2022. "I deliberation that's wherever successful amusement concern a batch of radical get lost. Maybe their self-worth is invested lone successful their work. But I emotion beingness and I don't person to beryllium connected signifier to beryllium happy. I tin ever beryllium happy."

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