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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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Original poster

Daniel Craig announcing he isn't leaving much inheritance to his kids

176 replies

Balgoresboy · 19/08/2021 02:51

news.sky.com/story/james-bond-star-daniel-craig-says-he-will-not-leave-children-substantial-inheritance-as-he-finds-practice-distasteful-12384357

From reading this articles and other inheritance posts on mn is anybody else sort of shell shocked that one wouldn't leave their wealth, especially that of Craig's, to their kids?

He calls it ''distasteful'', which I cannot understand as you are providing for your kids when you are gone and talks about giving it all away before he goes. I know it is his money to do as he pleases but unless I was estranged from my kids, most of my assets will/would go to them at the time of my death.

I see another news story too where Tamzin Outwaithe says she and her siblings lost out on her mother's will as it wasn't made properly. Again surely if Tamzin is upset there must have being significant money there so again baffles me how people don't make solid wills.

OP posts:

SequinsandStiIettos · 19/08/2021 05:03

Prince George!
Look at him! See how he wastes it! what the actual...

GetMeOut22 · 19/08/2021 05:18

Whenever my das talks about inheritance (he’s brought it up a few times), I told him there should be no inheritance. My parents worked HARD and gave me everything they could when I was growing up. I remember my dad going without food so he could pay for my school (didn’t grow up in the UK). They should enjoy it. Spend every penny. The last thing I want when my parents die is to take their money.

iloveeverykindofcat · 19/08/2021 05:22

Its nice to give your kids an inheritance if you can, but I can see lots of reasons why a rich person wouldn't want to leave their kids millions. They might want to give them a decent start then encourage them to make their own way. They might prefer to help them out while they (the parents) are still alive. We're not rich, but my mum chose to help me out with a flat deposit when I really needed to move. My brother already had a flat, and we both understand that this means I'll recieve substantially less inheritance when the time comes.

SequinsandStiIettos · 19/08/2021 05:25

Same here get. I tell mine you can't take it with you. I also suspect house will end up sold to pay for care home fees, like many these days. But Daniel Craig is worth 116 million allegedly.
I suppose that is his point - that neither of his daughters need fifty mill each. Nonetheless, I'd want mine to make that choice themselves.

IndecentCakes · 19/08/2021 05:29

Laughing at that article! Prince George wasting his parents money! Barron Trump goes to a private school!

patkinney · 19/08/2021 05:36

I got a shock then, it was a trending article but read as: ‘Daniel Craig announcing he isn’t leavin....’

I assumed it was going to say: ‘....the role of James Bond!’

He’s been a bloody lazy James Bond, if you ask me: four films in fifteen years, Sean Connery did four in 4 years !

Pyewackect · 19/08/2021 05:44

Nice problem to have.

AbsolutelyPatsy · 19/08/2021 06:33

no it would be a worrying thought how they would blow it all on drugs and champagne

CloseYourEyesAndSee · 19/08/2021 06:39

If I won the lottery or something, I wouldn't want to give my DS so much money he never had to work for himself. I'd want to make sure he was educated and housed for his lifetime but above that I'd want him to make his own way in the world and that includes working for a living. Remember the main character in about a boy, who lives on royalties from a song and never does anything meaningful with his life? That's not what I want for my DS. So I can totally understand what he's thinking. I'm sure they will be provided for, but won't inherit multiple millions. Fair enough.

banisher · 19/08/2021 06:39

They don't usually give it all away themselves though do they. It's okay for them to have 100m in the bank but not the kids.

Sunshinedrops85 · 19/08/2021 06:41

I read Napolean Hill talk about inherited wealth. Paraphrased but how it leads to the decline of the third generation. Who have the money,but have not learnt the discipline of gaining it. Someone in the Vanderbilt family spent £6 million on a just party to be accepted into high society.

They will still be left something, just not everything.

newnortherner111 · 19/08/2021 06:50

I view it as personal choice, the most important thing being that you make a will.

Ponoka7 · 19/08/2021 06:55

@banisher
"They don't usually give it all away themselves though do they. It's okay for them to have 100m in the bank but not the kids."

Because it isn't about not having money, it's about having purpose. Both him and his children's mother have worked for their money, doing something that they love.

I used to get the same buses as a relative of DC, he looks like him, only a smaller version. Tbh, he looks like he could use a few bob throwing his way.

Chachachawoo · 19/08/2021 07:01

One very rarely hears of happy well adjusted kids of the super rich.
I would imagine his kids will be provided for but not set up -so that there lives do not become a weird circus of hangers on... nothing to aim for.... no need to study or work etc
I would guess he is trying to give them a decent life with a balance of comfort, effort and some degree of normality

Brefugee · 19/08/2021 07:16

Bill Gates has repeatedly said that he will give away 95% of his fortune before he dies and his kids will get the rest (not sure how divorce will change this - Melinda seemed pretty much aligned with it too)

It's not leaving them with nothing, it is giving them plenty while you're alive, to set them up to be a success on their own account.

AgentJohnson · 19/08/2021 07:22

Inheritance is the last message to loved ones and a way of caring for them beyond the grave.

What nonsense.

mustlovegin · 19/08/2021 07:23

I heard he is planning to leave it to Minnie Driver

mustlovegin · 19/08/2021 07:25

Who else are you going to leave your inheritance to if it isn't your children or immediate family? All attention seeking nonsense

Azilliondegrees · 19/08/2021 07:25

I actually get this. We are not rich, but comfortable, with DH and I having worked our way up from literally nowhere (council estate kid and immigrant). We have a drive and a hunger that I worry our kids won’t have because they are having a hugely different childhood to the one I experienced. We do try to teach them about saving and good financial planning (and tbh our comfort is because we are both thrifty, half my clothes have holes in!). So I can see if we were suddenly super rich I would think carefully about what provision was made and how. I haven’t worked my arse off for them to swan around doing nothing, I’ve worked to give them a comfortable life and opportunities that were harder for me to reach.

De88 · 19/08/2021 07:27

I'll make sure my children have whatever they need while I'm still alive. They have to put in some work too of course, but they shouldn't have to wait til I'm dead for my money!
I'll keep a sensible amount aside for emergencies, won't leave myself without and if I got too much and they're struggling, I'll help them out. If there's anything left over when I'm dead it'll be given out fairly.

No pockets in a shroud!

mustlovegin · 19/08/2021 07:28

If I won the lottery or something, I wouldn't want to give my DS so much money he never had to work for himself

But your children would only receive your inheritance after you are gone. They would have to work in the meantime

mustlovegin · 19/08/2021 07:37

It's a very privileged notion that the world is fair

I would assume most self-made people would know how much you need to work to earn what you have. The world definitely isn't fair

I just know what it is like to be poor and I wonder whether they have forgotten. Or whether the celebs are virtue-signalling themselves

Probably both. They may have forgotten and they like to be seen as virtuous. Also, for some inexplicable reason, in the cocooned environment they live in, they could be made to feel guilty for what they have achieved. Surrounded by the woke and all that silliness

thedevilinablackdress · 19/08/2021 07:42

Who else are you going to leave your inheritance to if it isn't your children or immediate family? All attention seeking nonsense

I'm leaving mine to charities to benefit those who have little in life. And since you don't know who is am, it's definitely not for the attention. Any family I would leave it to are grown adults with their own lives and don't need any money from me. I can understand parents of young children feeling differently about this, but not once they're grown.

Nahhh · 19/08/2021 07:43

This always seems really arrogant to me. I think Gordon Ramsey has said similar. It’s as though they believe they’ve amassed a huge fortune purely down to their own skills and hard work and anyone could do it it they tried hard enough. There’s no realisation of the luck involved.

RichTeaTime · 19/08/2021 07:53

I would quite like to leave some money (say a few thousand) to the DC's university - they do that a lot in the US. Seems a good idea, contributing towards some other persons qualifications and future career but I'm not sure it wouldn't go into the wrong place. Has anyone done this?

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