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Marie Osmond leaves everything to her children.
In a recent interview with Us Weekly, the singer stated why she will not be leaving her children – Stephen, 39, Rachael, 31, Jessica, 35, Brandon, 26, Brianna, 24, Matthew, 23, and Abigail, 18 — their inheritances.
“Why, in all honesty, would you permit your child to not attempt to be something? The 63-year-old musician stated, “I don’t know anyone who succeeds if they’re simply given money.”
The “Donny & Marie” actress continued, “I believe the best gift a parent can offer their child is the desire to discover who they are on the inside and to work. I’ve, for example, designed dolls, among many other things. I enjoy attempting and desire to try everything. I am a completer.”
She said bluntly that she feels inherited money can cause subsequent generations to work less diligently.
She went on to say, “This is one of my rules with my children. If you begin something, you must complete it. You do not have to do it again, but you must finish. Moreover, I believe inheritance only breeds laziness and entitlement. I am going to spend everything and have fun with my hubby.”
In 2011, Osmond wedded her ex-husband Stephen Craig. In 1985, their initial divorce was formalized.
This is not the first time that Osmond has confessed that she will not bequeath her wealth to her offspring upon her death.
In a 2020 episode of “The Talk,” Osmond highlighted how Kirk Douglas, who passed away in February of that year, donated his fortune to charity rather than to his children.
She concurred with this notion and echoed the words of the late Hollywood icon.
Osmond stated at the time, “I’m not leaving any money to my children. Congratulations, kids.”
The Utah native continued, “I believe you do a great disservice to your children if you simply hand them a fortune because you deprive them of the greatest gift you can give them, which is the ability to work.”
She said, “Let them be proud of their work, and I’ll donate mine to charity.”
»Marie Osmond: I don’t give my children money because it “breeds sloth.”«