Will you bequeth your wealth to your kids?

[Georgesoros]

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Bill Gates doesnt think so. So does Berkshire Hathaway founder, Warret Buffett who bought helped his son start a farming business and said "goodluck son".
But, in Kenya, passing wealth to kids who end up being drunks is normal.

You'd expect the children of the world's second-richest man to have the means to do whatever they want, right? Hit the books in college and get a degree, and then another degree, and another. Go on a year-long whirl around the world. Play, explore, try new things, run through that trust fund. Actually, Bill Gates, 60, and his wife, Melinda, 52, are encouraging their three children to go to college and they'll pay for it, but then they want them to get jobs and have careers. The Gates have no plans to leave their fortune of some $78 billion to their brood. No billion-dollar trust funds for these kids. The Microsoft founder explained his reasoning for leaving his money to charity instead of his

http://www.sfgate.com/mommyfiles/article/Bill-Gates-not-leaving-kids-fortune-Melinda-10414373.php

[MOON Ki]

I have no wealth.    But I am hopeful that I might someday become a senior civil servant or politician in Kenya, even if for just a couple of years.

[RV Pundit]

Interesting debate.I'll definite invest in my children education all the way and hopefully help them say top up mortagage to buy a house or start a business -the same way I  have been helped and would help my siblings, grandchildrenand other deserving cases. There is something to be admired of the indian/asian culture where kids(sons) inherit the wealth but do all they can do multiply this. Look at Tata...that has been managed by tata family since 1850!