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Should parents bequathe their wealth for their children to start their businesses?
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[QUOTE="Kendy, post: 219213, member: 63869"] This is a very sensitive topic. Jackie Chan positing that he will not bequeath anything to his child is very deep. He might be a billionaire with investments and assets and he might not hand everything his child if he has only one but I certainly do not see any reason you would not atleast hand over some part of asset to the child, which would assist the child. Of what essence would it be to bring a child to earth through copulation and you worked hard to become wealthy and suddenly you decide not to give your child anything at all? It does not sound logical in any way except the child is not interested in it. Of what use was it that you were hard working? Giving part of the wealth to your child does not mean that this child cannot do better than you, not does it mean that the child will squander the wealth. So in summary, you prefer to see your child suffering while you die with your wealth or probably donate it to charity? What makes you think that the wealth would be handled effectively by those in charge of receiving those donations. The economy is stale and very tough especially for those in third-world countries, the least you can do as a parent is support your child but that does not mean you should sign complete ownership. Supporting your child does not make the child weak or less of an achiever! [/QUOTE]
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