Marie Osmond is unfazed by her plans to exclude her children from her legacy.
The former country singer, 63, has opened up about her plans to donate her wealth to charity instead of leaving it to her seven children.
“Honestly, why don’t you let your child try to become something? I don’t know anyone who becomes something just by being handed money,” Osmond said. every week“For me, the greatest gift you can give a child is a passion for finding out who they are and working. I like challenges and I want to try anything.I’m a finisher.”
Rising to fame at a young age as a member of the famous Osmond family, Osmond is the mother of eight children: Steven, 39, Rachel, 31, Jessica, 35, Brandon, 26, Brianna, 24, Matthew, 23, and Abigail. , 18. In 2010, her 18-year-old son, Michael, committed suicide.
The singer firmly believes that leaving wealth behind could discourage the younger generation from working hard.
“That’s one of my rules for my children. Once you start it, finish it. You never have to do it again, but you must finish it. And what inheritance does is I think it’s all about breeding laziness and entitlement.I worked hard and I’m going to use it all to have fun with my husband,” she said with ex-husband Stephen Craig in 2011, more than 25 years after their divorce. Osmond, who has remarried, said:
Osmond first revealed her financial plans in a 2020 segment Talk where the host was discussing Kirk Douglas died in February of that year at the age of 103. The movie star donated most of his multi-million dollar fortune to charity.
“I’m not leaving my kids any money,” Osmond explained to the co-host. I think it does a great disservice to children because it robs them of the most important gift they can have: the ability to work.”
Osmond added that children from wealthy families often “don’t know what to do” and “get into trouble.”
Despite her remarks, Osmond elaborated that she has no problem financially supporting the lives of her children, whether buying a house or a car.
Osmond has previously explained that he has found great value throughout his 60-year career in the entertainment industry.
“I am so blessed to see my job as my job and my life as my life,” she told Yahoo Life in January 2022. But I love life and I don’t have to be on stage to be happy. You can be happy anytime. ”
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