The Real Reason Marie Osmond's Kids Aren't Getting Her Money

Osmond revealed during a chat on The Talk that her seven kids shouldn't expect a big windfall when she passes on. "I'm not leaving any money to my children," the TV host stated simply, adding, "Congratulations, kids," and throwing a cheeky smile to the camera. As the proud Utah native sees it, setting her children up for life would be doing them a massive disservice because, by doing so, she said, "You take away the one most important gift you can give your children, and that's the ability to work."

The Donny & Marie star plans to donate her fortune to charity, as she sees an inherent danger with handing it over to her children. "You see it a lot in rich families, where the kids, they just don't know what to do and so they get in trouble," the singer and host explained. Co-host Sheryl Underwood disagreed with Osmond's stance, arguing kids who grow up with money learn to value it early on. Osmond is worth around $20 million, so it's quite a substantial amount that will inevitably go to worthy causes.