Marie Osmond’s seven youngsters will not be splitting her fortune some day, as a result of she’s not prepared it to any of them.
On Friday’s episode of “The Speak,” the cohosts mentioned studies Kirk Douglas left a big chunk of his $80 million property to his personal charity, the Douglas Basis, and not his household.
That, it seems, was a transfer Osmond agreed with.
“Individuals say, ‘Who’re you going to go away your cash to?’ Your youngsters will say, ‘Are you going to go away the cash to me?’ I am not leaving any cash to my youngsters,” she exclaimed. “Congratulations youngsters.”
“My husband and I made a decision, I feel you do a terrific disservice to your youngsters to simply hand them a fortune since you take away the one most necessary reward you can provide your youngsters and that is the flexibility to work,” she continued. “And also you see it quite a bit in wealthy households, the place the youngsters, they do not know what to do and they also get in bother. Allow them to be pleased with what they make and I’ll give mine to my charity.”
Osmond shares son Stephen, 36, with ex-husband Stephen Lyle Craig. She and husband Brian Blosil had two youngsters collectively and adopted 5, although son Michael dedicated suicide in 2010. Her youngest, Abigail, is barely 17.
“What about these of us which have by no means lived this nice life and we expect we’re on the insurance coverage coverage?” requested Sheryl Underwood. She additionally added, “Do not let your dad and mom have married different individuals and you discover out they youngsters going to get what you thought you [would].”
Whereas Sharon Osbourne did not get right into a full breakdown of her and Ozzy’s wills, she mentioned his “physique of labor,” will keep within the household.
“[Everything] he is written, and saved us all within the way of life that we love, goes to my youngsters,” she mentioned. “And his title and likeness goes to my youngsters. Since you depart your title and likeness, and I do not need somebody that by no means met my husband proudly owning his title and likeness, and promoting t-shirts in all places and no matter.”
Sharon concluded, “No, it stays within the Osbourne household.”