Dancing With the Stars finalist and singer Marie Osmond defends her position on not leaving any part of her estate to her seven surviving children in a new interview.
Here’s what you need to know:
Two years ago, on an episode of The Talk, co-host Marie Osmond revealed that she has no plans to leave her fortune to her eight children. In the video (via US Weekly), Osmond said she believes inheritance does more harm than good to children.
“I don’t leave any money to my children. Happy birthday, kids,” Osmond said on The Talk as the audience roared with laughter.
But in all seriousness, she went on to say that she and her husband, Steve Craig, felt that giving money to their children would do them a “great disservice.”
“My husband and I decided, you know what, I think you’re doing a great disservice by just giving them a fortune because you’re taking away the most important gift you can give your children and that is the ability to work.” said Osmond. “You see it a lot in rich families where the kids just don’t know what to do and they get in trouble because of that, so let them be proud of what they deserve and I’ll give mine to my charity. ”
In a new interview with US Weekly, Osmond defended her choices, saying that she and Craig just wanted to have a good time because she worked hard to make her money and do it her way. Also, she said that giving money to children is just “breeding.”[s] Laziness and entitlement.”
“Honestly, why would you allow your child not to try to be something? I don’t know anyone who becomes anything just by giving them money. To me, the greatest gift you can give your child is the passion to find who they are inside and to work. I mean I’ve done so many things since designing dolls [and much more]. i love to try [and] I want to try everything. I’m a finisher,” Osmond said, adding that one of the big rules for her kids is that once they start something, they have to finish it.
“[Y]You never have to do it again, but you have to finish. And I just think everything [an inheritance] causes laziness and entitlement. I’ve worked hard and I’m going to spend it all and have fun with my man,” Osmond said.
But she added that of course she helps her kids when they need help and she loves to spoil her grandkids.
“I don’t help my kids. I mean, [if] you need help [buying] a car or something [I will pitch in]. I love learning them. You don’t love something if you don’t deserve it. And even if they get their first car, you pay half of it, get a job, and learn that you’re worth it [it] gives you,” Osmond said.
She added: “Now I’m a grandma and I can just spoil my grandkids. I don’t have to raise them. Much luck. It is fun. … I feel like I have the best life … I’m a fun grandma.”
Osmond and Craig have one son together, 39-year-old Stephen. Osmond and Craig were married from 1982 to 1985 when Stephen was born. After her divorce, Osmond gave birth to or adopted seven more children with her second husband, Brian Blosil. They divorced in 2007 and four years later she remarried Craig.
Osmond’s seven children with Blonsil are Rachael, Matthew, Jessica, Michael, Brndaon, Brianna and Abigail. Michael died by suicide in 2010.
Osmond competed on Dancing With the Stars Season 5 and placed 3rd with her pro partner Jonathan Roberts.