marie osmond he is not giving up on his plan to keep his children out of his inheritance.
The former country singer, 63, has spoken about her plans to donate her wealth to charity instead of leaving it to her seven children.
“Honestly, why would you let your son not try to be something? I don’t know anyone who would become something if they just give them money” Osmond saying us weekly. “For me, the best gift you can give your son is the passion to discover who he is inside and to work. I mean, I’ve done so many things from designing dolls and so much more. I love to try and I want to try everything. I am a finisher.
Rose to fame at a young age as a member of the famous Osmond family, Osmond is the mother of eight children: Stephen, 39, Rachael, 31, Jessica, 35, Brandon, 26, Brianna, 24, Matthew, 23, and Abigail. . , 18. In 2010, her 18-year-old son, Michael, committed suicide.
The singer strongly believes that leaving wealth can discourage the younger generation from working hard.
“That’s one of my rules with my kids. If you start it, you finish it, you don’t have to do it ever again, but you have to finish it. And I think all an inheritance does is breed laziness and entitlement. I worked hard and I’m going to spend it all and have fun with my husband,” shared Osmond, who remarried ex-husband Stephen Craig in 2011, more than 25 years after their divorce.
Osmond first revealed his financial plans in 2020 during a segment of The conversation in which the hosts discussed Kirk Douglas, who died in February from that year to the age of 103. The movie star left most of his multi-million dollar fortune to charity.
“I will not leave my children money,” Osmond explained to his co-hosts. “Congratulations, children. My husband and I decided that… I think you do your children a great disservice if you give them a fortune because you take away the most important gift you can give them, and that is the ability to work.”
Osmond added that children from wealthy families often “don’t know what to do” and “get into trouble.”
Despite his statements, Osmond explained that he has no problem helping his children financially throughout their lives, whether it’s buying a house or a car.
Encouraging her children to find financial success on their own is an important lesson for Osmond, who previously explained that she has found great value throughout her six-decade career in the entertainment industry.
“I have been very blessed to see my work as work and my life as life”, told Yahoo Life in January 2022. “I think that’s where in show business a lot of people get lost. Maybe their self-esteem is invested only in their work. But I love life and I don’t have to be on stage to be happy. I always you can be happy.”
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