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Should parents bequathe their wealth for their children to start their businesses?
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[QUOTE="TOZZIBLINKZ, post: 220266, member: 37528"] [B] [/B]If you had research further the actor Jackie Chan , did not just wake up one day and decide not to will any of his property to his child , it was as a result of his son irrelevant , extravagant and irresponsible spending of money that cost the actor Jackie Chan to say what he said . Whether he meant it or not , one thing is sure to understand which that a parent should know when to allow their children pursue a career for themselves rather than being dependent on them for money . The parent also has the duty to backup their child in their chase for a better and aspiring future . It is obviously seen that most children from rich and wealthy homes , develop the attitude of spending money lavishly forgetting the fact that the money which they are spending isn't theirs but rather it belongs to their parents and even though when their parent dies the family property and riches will be willed to them , they must understand that no one is guaranteed to stay rich forever . And it's only depends on how much you invest that determine your future tomorrow . Wealthy children a blessed with the potential and means to invest and they should make wise use of this potential or privilege . [/QUOTE]
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Should parents bequathe their wealth for their children to start their businesses?
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