Some parents fear inheritance will spoil their children

Most discussions about inheritance often come to the conclusion that parents have the right to decide what to do with their wealth, and children should not feel entitled to inheritance.

This view is understandable as many families today have minimal wealth to pass on, primarily just their home and land. If they give these assets to their children, parents may struggle to support themselves. Thus, it is reasonable for parents to retain their assets and for children to focus on building their own wealth.

However, I find this viewpoint to be one-sided. If you want to build a thriving family that endures through generations, family wealth does not belong to just one person and is meant to be passed down through generations. Each generation inherits this legacy with the responsibility to manage, grow, and pass it on. In this context, transferring assets is about equipping children with the skills to sustain and expand the family’s legacy, not just leaving an inheritance.

We should not think that only extremely wealthy families need to consider this issue. Every successful family starts somewhere, often from humble beginnings. The key is that the family leader should have the vision and desire to build a strong legacy and instill this spirit in future generations.

The stereotype of rich kids who do nothing but squander wealth and quickly go bankrupt or family drama usually only appears in movies. This misconception leads people to believe that leaving wealth will make children irresponsible or spoiled. In reality, many flourishing and enduring families have lasted over generations precisely because of inheritance.

If we were not born into such families, why not start building a legacy from our own generation?

*This opinion was translated into English with the assistance of AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.