Ashton Kutcher reveals why his children won't inherit any money from him or his wife Mila Kunis
Would you do the same?
Ashton Kutcher has revealed why his children won't inherit any money from him or their mum, Mila Kunis.
The dad opened up about the controversial topic during an appearance on Dax Shepard's podcast, Armchair Expert, where he said his children won't be receiving any money from their parents later in life.
Instead of setting up trust funds for their children - three-year-old daughter Wyatt and one-year-old son Dimitri - the couple are planning to leave their fortune to charity.
He said on the podcast: 'I'm not setting up a trust for them. We’ll end up giving our money away to charity and to various things.'
But why do A-list celebrities like Ashton and Mila decide not to leave their fortune - or at least some of it - to their offspring?
Explaining his decision, the dad said he would invest in his children's businesses, if they had a good business plan, but will not just hand out money to them because they have to be motivated to achieve something and already live 'a really privileged life and they don't even know it'.
'If my kids want to start a business and they have a good business plan, I'll invest in it, but they're not getting trusts. So hopefully they'll be motivated to have what they had or some version of what they had', he said.
GoodtoKnow Newsletter
Parenting advice, hot topics, best buys and family finance tips delivered straight to your inbox.
It's not the first time the couple, who tied the knot in 2015, have talked publicly about wanting to instil the value of money in their kids, and not spoil them.
Mila, who's originally from Ukraine, said last year that Wyatt and Dimitri wouldn't be receiving any Christmas presents.
'We're instituting [no presents] this year because when the kids are [younger than] one, it doesn't really matter,' the mum-of-two explained.
'We've told our parents, "We're begging you - if you have to give her something, pick one gift. Otherwise, we'd like to take a charitable donation to the children's hospital or a pet [or] whatever you want.'
What do you think of Ashton and Mila's decision? Would you do the same? Let us know in the comments section below!
Trusted, informative, and empathetic – GoodToKnow is the ultimate online destination for parents. At GoodtoKnow, our mission is 'simple': we're trying to make sense of parenthood. On the site, you'll find everything you need for a happy, healthy family life. Our huge archive of content includes more than 18,000 articles and 1,500 how-to videos. These include expert-backed advice features on parenting, dealing with relationship changes after having a baby, self-care for mums and managing your family finances. We also feature tried-and-tested product reviews and buying recommendations for every stage of family life - from prams and Moses baskets to birthday gifts and top toys.
-
Why do I crave sugar? Causes of sugar cravings and how to stop them
If you're someone who suffers from sugar cravings you'll know how hard it is to give up the sweet stuff. But you're not alone.
By Debra Waters Published
-
Low sodium diet: the benefits of reducing salt and what foods to eat
By Emily-Ann Elliott Published