I've been giving thought to the story that was recently published in which musician and social activist Sting and his wife Trudy have publicly announced to their adult children that there will be no vast inheritance for them on his death.

The point of the story seems to be that -- like that slogan we sometimes see that says something like, "I'm busy spending my kid's inheritance" -- Sting and Trudy have decided not to gift their children with millions in trust fund monies on their deaths.

Instead, they're spending their hard-earned money now, quite often on philanthropic efforts they care about.

As the article indicates, Sting says he values the fact that he's had to work hard for his money, and he thinks his children deserve the same opportunity.

Your thoughts?
Boomer in Chief of Boomer Women Speak and the National Association of Baby Boomer Women.