Tuesday, June 24, 2014
Sting may have started off with nothing, but he is now worth millions. However, his children will not be getting any of his rock star fortune. Sting wants his children to have to earn their own way like he did and has warned them not to expect a big inheritance or trust funds, as he plans to spend it all.
See Press Association, Sting Says His Six Children Will Not Inherit £180m Fortune, The Guardian, June 22, 2014.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.