I agree, always pass down money but pass down money management too.

I’m really surprised that no one mentioned the current cost of living and the impact it’s having on the younger generation. Rent and food costs are sky high and these kids are going to need more than “boots”, more like hip waders.

If you don’t leave your kids money there is something wrong with your relationship with your kids.

There is a difference between supporting children financially (ie regularly paying bills for them) and helping them out during rough times. A big, big difference. Also, this panel all has money at this point and I think they forget the fact that many Americans, regardless of race, don't have any generational wealth to pass down. And that number is only growing.

Suppose the child doesn’t “make it”?..or have emergency that they can’t afford..I hate when people do this..

That's right Whoopi!!!!

If I have the money and my kids need it...I give it. If the kids are trying and failing in this economy....it is no crime to give what you have to keep them afloat.

My kids are 55 and 58 and I am still helping.

This is the American conundrum, I was born and raised in Trinidad and my parent's would NEVER, ever ever, leave me with nothing, until their dying day they would work for their children, their sacrifices are innumerable. My siblings and I are extremely successful, working in management, michelin kitchens, arts, law. Our parents made that possible and not because they were rich at birth. They worked for every penny they had and gave it to their children. I will never understand why you would bring someone into the world and then say to them "your turn to figure it out", if I ever have kids and I can give them a leg up in this world, I'd give them everything I had and more.

Rule #1 - Teach your kids to stand on their own 2 feet. It is crucial to their survival in the world. IMHO.

Sunny Hostin is doing right by not wanting her children to struggle like she did. My mother is similar to her and I'm going to try to be the same with my child or my children

Our parents supported us by making sure we had excellent educations and learned early on to work to get the extra things we wanted, like designer jeans and other non-necessities. I think we're better off for it.

Homer Simpson was a "hard working" blue collar man in his 30s supporting 3 kids and a stay at home wife. They had a big house with a yard and 2 cars. This was the perception of reality in the 1980s. The social economic environment today is different for the younger generation, and they will need some level of help just to achieve a fraction of what the previous generation had.

I appreciate Sunny Hostin bringing up the huge gaps in black families and white families 💯

My parents helped me every now and again (mostly during COVID) and I thank them for that. Sunny is right, generational wealth is a big factor. I moved out on my own and paved my own way, but it didn’t mean that I had everything together at all times. Luckily, I’m not married and don’t have any kids -

This is something I feel so passionate about: one of the most important gifts you can give your kids is the skills to be resilient and financially responsible. Raise them to know how to stand on their own two feet so they don’t need to think about inheritance. Unfortunately, I’m watching people around my age, in their late 20s, who weren’t taught those skills, who have had their parents do everything for them as children and rely on them to bail them out now. Someone I work with often has somewhere between nothing and $10 in her account 5 days before she’s next paid, and that’s because she wastes money on takeout, online shopping and events. When that happens, which is almost every pay cycle, her plan is to grift off her friends and family. We all have bad weeks here and there where all the bills come at once or there’s an emergency, and so you need a little help - dinner at a friend’s place or something - but when your entire financial plan is using other people to pay for your essentials so you can use your money on the fun stuff, that’s a problem. I think it’s the aftermath of the helicopter parent generation.

I Loved what Sunny Hostin said in this segment 💯

If you don't leave it to your kids, who are you leaving it to? Charities I guess. I've worked but struggled all my life and I came from a family who had next to nothing so there was really nothing to inherit when my parents passed. It's still so tough out there, don't make it any harder than it has to be. If you are well off, at least leave your kids enough to own, or put towards owning a home if you can. A secure roof over your head is so, so important.

Don’t spoil the kids at a young age. Spoiled people are sooo annoying

I had to help out on the farm and my dad was a carpenter on the side. So I helped him out as well. When I was 12 he told me that if I wanted a car, or to go to college I was on my own! And I best start saving money now! I’ve worked hard all my life, and at 67 I still can outwork most 20 year olds! I think that is sad!

Food and housing should never be denied to a son/daughter at any age. With that said the price of housing is thru the roof, it is not same as when most older people were young. Social housing needs to grow for everyone and prices on homes need to go down.

You help people that want to help themselves. It's that simple. Never rely on someone else to make ends meet for you, because they can be gone

Such entitlement… just think about all the long hours way from your family, working, only to leave them none of the returns from sacrificing your time and attention… why have kids?

its easy to say that when you have money

You never really know what goes on in a family that creates the dynamics of the home and who lives in it. You can teach your kids strong work ethics all you want but that will NOT prepare them for healthcare both mental and physical that can severely disable a person for example. It is completely unethical to judge anyone based on what you did in your life as everyone's circumstance is different. How do you thank a veteran for their service than look down your nose at them when you find out that they came back from war totally incapable of working or helping themselves at all due to PTSD? It is selfish jealousy that's all it is and does more harm than good!

Thing is, kids nowadays wanna roll their own boat and they still don’t even know how. But there are some that are willing to learn and that’s a relief.

Not everybody situation is the same. It's not a one-size-fit-all

I don’t know Gordon and Jeff’s upbringings but those don’t sound like comments from people who grew up without a comfortable wealth family. If you’re first gen financially wealthy you know the difference it makes. And, whoopi put it, it’s down to the parenting, provide the finances for education, business set, maybe housing but you don’t need to buy a merc as a first car or even buy them their first car.

My parents made sure we worked part time when we were 16 so we learned the value of money and very good work ethic.

Don’t agree with Jeff. He worked hard for that money and his kids should benefit from it. Even if he gives it to them in stages: age 20; $100K, age 25; $250K, age 30; $500K, age 35 and so on. Where would he give his money if he didn’t give it to them? Outsiders don’t deserve your money for free… yes. Sunny has a great point…

I think people can be incredibly hard workers and not ever be able to accrue wealth or even much savings. I also think there are many many wealthy people (especially those born into generational wealth) who never learn what it is to really work hard. I think gen X is incredibly independent and now that we have adult children it is important to recognize the VAST difference between their economic experience and our own as young adults. Cost of housing, in particular, is absolutely bonkers. I was always taught it should not exceed 1/3 of my income. Now, people routinely pay half or more. These young adults do not have an easy road.

I wish I hadn’t lent my stepfather $40k. At the time, a decade ago, I was naïve and believed him when he said he would pay me back. I mean he paid for my college. But now I’m about to be homeless and it pisses me off because for that decade, my parents had two houses a country club membership, top-of-the-line SUV luxury cars … and I’m over here struggling. So I hope they leave me something in the will. At least the money I lent them! 🤦🏼‍♀ 😕

Watch Scott Galloway's TED Talk where he asks the question "Do You Love Your Kids" before you think we don't need to help our kids today. 👍🏽

This is definitely not a one size fits all like Sarah said. I think you have to do what is best for YOUR child and stand by it. I know friends (and including myself at times) that had financial hardship due to lost jobs, life changes and even medical situations, and I was lucky to have my family assist me anyway they could. I think without their help, I would have been homeless and going through a mental break down. We have to remember all this money and changes is temporary and really is a minor thing in life compared to everything else that goes on in the world..and the Universe. I say support and teach more.

Your kids will get more knowing how to fish than if you just give them the fish. As Joy indicated, it doesn’t matter if you give them money. That can all go by the wayside if they don’t have any financial sense or work ethic. Giving them the tools to be able to make their own money will take them a lot farther.

Well, Once a parent, always a parent. Raise your children to be self supporting which means giving them the best education available from home to daycare through college. Help them chose careers that will provide a living wage. Learn to do something with your hands. Teach them how to save money for the things they desire and for the future. Most of all, teach them that they don't have to step over and on other people to get to the top. Hard work will pay off and nothing is free. There is no easy road. Teach them to be kind and considerate of others. Teach them to defind who they are through their integrity and character. Never let anyone defind who you are. Don't forget to love them, hug them. Respect who they are. I tell my children that i will support them when they are and do right but I will not support them when they do wrong - and I mean it. Never put your hands on another person without their permission. No means no. If you want a friend, be a friend. You are to choose your friends and not let others choose you. House rules: 1) Everyone will respect each other. 2) Everyone is equal. 3) Everyone respects our home. 4) No one is breaking the 10 Commandments. 5) Treat others how you want to be treated. LOVE IS THE GREATEST GIFT YOU WILL EVER GIVE OR RECEIVE.

Here goes Sunni again talking about race. The segment was not about race. It was about parents leaving kids money in the future.

Black people this conversation isn’t for you. We gotta get out of survival mode. You can help your kids and teach them. Generational wealth should be our priority so that those after us do better!

I taught, and continue to guide my adult boys. They know life is hard. I also don't give a 💩 what people thing. When I die, i am not taking anything with me, so all I leave behind, is theirs.

Sunny articulated it Perfect!!

Helping when in need yes.

I think if you are trying to help yourself that’s what counts I think there is a big difference supporting your children who chooses not to work and live home versus those who are struggling to find a job, pay off student loans and buy a house I know not everybody’s going to agree with me, but the world is so much more different than it was when our parents were our age (fyi I’m a millennial).

Ashton may have NO MONEY left for his children given the FALSEHOODS OF ENTITLEMENT he embraces with the company he keeps.

I wish there was more time for this topic. They all had great things to say

Whoopi’s laugh 0:58 😂

Every friggin Hot Topic Joy talks about Trump and Sunny talks about race.

I swear they do this topic once a week. 😂😂

What about children who support their parents?

I agree 💯 with you whoppi big love to ya ❤️

Ooo Bingo, Sunny brought up race

I honestly don’t understand this whole “I’m not leaving my child anything” notion. Why not??? You can’t take it with you, so you’d rather it go back to the government? Or charities that only 10% of the donations actually go to the charity? It doesn’t make any sense lol.

Agree with you Sunny; leave your children with greater privilege than what you had. That’s how it’s done. Now don’t have them complain how much of a disadvantage due to their race. Your kids have greater privilege than the vast majority of Americans, White Black Asian Hispanics. We’re all in this together. Have them contribute to building this society, not telling everyone that they’re racist against you or your kids.

No one asks to be born, so to punish and penalize your children because you had your struggle and grind your whole life by not leaving them anything in life is sad. I don’t care if my kids grow up to amount to absolutely nothing in life, I’m still leaving it all to them.

Somehow Sunny brings Racial differences in wealth. This is just about parents leaving wealth for their kids.

Seriously Joy do you have to make everything about Trump?

How about don’t bring kids into this world if you can’t afford to financially care for them before 18 and after 18. Sorry not sorry. Save your commentary if you disagree.

“That’s what the courts are for.” What does that mean? It’s his money and he can leave it to whoever he wants. You’re not entitled to it just because you’re his offspring.

This is why Generational Wealth is so important prior to having kids. Everyone deserves a personal trustfund.

My place is big enough for us all to live together through globalization. In a few days I'm out of the house for the Summer at the cottage with the dog. Whoever likes my cooking know what is served and what time. I much prefer to be their landlord and it allows them to follow their star. Until 2016 there were three generations living here and I'm hoping to see it happen again.

Hey I'm a big fan

Parents should give each kid equal share. But they don't it's life parents pick favorites or themselves or it all goes to charity...

Whoopi you leave everything you have to your kids = Privileged 1%! We have enough of those, don’t you think?

I agree with Sunny!

Generational wealth is important. Leave a legacy. Put some pride in your family name. As Sunny said, every generation needs to be better.

Sunny is right. I live in the rural Deep South. It’s not all about money per se. A huge factor that separates rural southern whites and rural southern Blacks are land and houses. Lots of poor or middle class whites have land and homes and that has been in their families for years. Many rent their land, farm their land, or grow trees and sell the wood for lots of money. I’m in my mid 30s but can remember many Black families STILL being sharecroppers in my community, including my own.

Challenge for the view - one segment where you don’t somehow make it about Donald Trump

Wish they had more to answer

I don’t understand how Sunny can turn every topic into a race thing.

Yes Education

In Canada we have a capital gains tax, that pretty much prevents generational wealth from accrueing over time. As the tax has increased it keeps families from passing their assets to their children, because now the parents home is worth 1 million dollars. If they give that to their kids, the kids have to pay 500,000$ in taxes to the government...Thanks Trudeau.

Oh my gosh. This is like a meme. Joy: **finds a way to tie it to "Trump is evil."** Sunny: **finds a way to make it all about race**

I actually agree with Sunny 100% !

You owe me Some of us didn’t leave home with what everyone else did

How many of the people who watch you and trust you have adult children at home? It’s about raising them right without dependency.

Has Sunny not ever met poor white people, because they’re out there!

Really? These women are so FRICKEN CLUELESS!

Or stuck to the question. Leaving ur kids something when u die is what u supposed to do, but if they irresponsible, it would have terms with it

Good grief, good subject and Joy had to bring Trump into it and Sunny had to bring race into it. My personal opinion is that children do learn by example. My kids saw two parents who worked hard, they are also hard workers . I have friends who are still handing their kids who are in their 40's everything. I don't agree with that. These offspring need to learn to be able to survive on their own. If you had them everything they don't feel the need to work, why work if everything is handed to you.

Most people don't (teach their children...)? Are you serious? Obviously you are hanging around too much with your own peers!

Leaving kids assets ,bad idea ! making them independent responsible humans and giving them a good education ,much better formula,we don’t appreciate what is not hard earn !

I am NOT leaving any of my inheritance to my family. I have no children, but I do have substantial assets and investments. I will leave it to other causes/charities

Jeff Goldblum is 71 so he may not be around long enough for his children. Although we are living longer and longer so who knows!

What Sonny said

Joy can't discuss a topic without bashing Trump or his kids!! Living rent-free in Joy's mind at all times 😂

Why does joy have to bring Trump up in every single segment?

Tell many a celebrity what to do .😮

Once again, Trump lives rent-free inside Joy's head

These rich folks always say they won't leave money but always do. 😂

These comments are crazy! I guess living in the US is a different world. In the UK almost no-one except the very wealthy are able to help their children financially

Yes Sunny!!!! ❤

As much as I can’t stand Trump and his family, and I love me some joy…but ma’am, let’s leave him out of conversations that have nothing to do with him lol because it’s giving obsessed & giving him attention that he doesn’t need. Lol

My kids are white and Sonney just put them down and out because of the color!!!! I had to use my retirement to get my kids through state schools and pay their health insurance, because even if Obama ordered the parents to pay for health insurance,,,,,, my X REFUSED to ,,,, there are so many issues you guys don't even touch!!!

This is so dumb. Of course no entitlement but the whole cutting them up is weird. Why are you working if you plan on leaving them nothing?

The perfect answer is that everybody on this Earth is supposed to read the Bible to know how to live. Proverbs 13:22 A good person leaves an inheritance for their children’s children, but a sinner’s wealth is stored up for the righteous.

What about poor white Poor people plus discrimination tactics law s

The view sensors the comments, my comments have been removed... They don't like it when someone speaks the truth...

Passing down Jesus. Biblical truth. I like this discussion.

Joy making everything about Trump is so tiring. I'm no Trump supporter, but it's beyond old, this wasn't even a political topic.

Unfortunately Gen Z didnt get that message, too many seek fame and want to live off their parents. Its not completely their fault as thrir parents are millennialls/gen x and seem to reward and spoil their children when they absolutely don't deserve it. That creates i a " I deserve it" mentality which is basically teaching narcissism.

It didn’t take any time at all for Joy to make this about Trump. She honestly must be so miserable to have him in her head every second of every day.