Gwyneth Paltrow: No trust funds for her kids

Oh, Jan, we've heard it over and over again. Give it a rest. She knows what is "correct" and what is not. She was trying to make a point regarding her past, not the political ideology of today. You people who want to criticize and "direct" people on what they should or should not do with their money need to take care of your own life.

It's not that deep; she was young.

Im glad your perfect.

How about raising your kids properly and letting them use their share of your wealth to invest or start a business.

It's sad when a parent would deprive their children of their inheritence because of their own retardation.

Could you BE any more judgmental? For heaven's sake--you're missing the point of the story. I applaud Gwyneth for trying to allow her children not to grow up spoiled. I think parents with far less money than she has could take a leaf from her book.

IT SURE SEEMS THAT YOU HAVE NO HABIT WITH SMOKING.
HOW ABOUT BEER, OR COFFEE, OR SODA... MAYBE EVEN
FOOD. PEOPLE BUY WHAT THEY NEED... SOMKING MY BE BAD, BUT IT CAN SURE CALM SOMEONES NERVES..(LIKE WHEN THEY ARE LOOKING FOR A JOB)
MY THOUGHT... LIGHTEN UP.

I see nothing wrong letting your children know that you can and will help them with money if they need it. I would pay for someone's education if they maintained a b average or better. The money can't just be handed over. They don't appreciate things if they haven't worked and saved for them. I also see nothing wrong with telling young children "sorry we can't afford that" or "I am not spending money on that junk". They need to know that there are limits and what the limits are. Children don't need half the stuff they have. What 12 year needs to text someone? What 12 year old needs highlights in their hair?

I don't direct people as to what they should do with their money. If they choose to smoke, that's their business so long as the rest of us don't have to breathe it. I was just making an observation that (well, and maybe I was a little judgemental in that comment. Maybe I should've left out the toxic, poisonous part.) if gas is necessary and she couldn't afford it, then why not skip the cigarettes which are NOT necessary and buy the gas she needed?

I applaud her for making a stand on not spoiling her children, but isn't buying junk rather than the essentials the epitome of spoiled behavior?

Jan - baby - the story s not about cigarettes. And gas prices were not high when Gwen was struggling.

You are halarious!

Well aren't you perfect!! Does anyone live up to your expectations? I don't think Gweneth really cares what you think. I know I don't.

Get over it...almost all wait staff in food service smokes as well as kids her age when she graduated University,,,,

she did not say that she would not leave money to her children in her estate--- she said she was not going to give them a silver platter--LIKE TOO MANY PARENTS DO TODAY!!!! I admire that --she has seen what happens to "adults" at age 18 or even 21 who are HANDED more money than small countries have--- it RUINS most of them!!!!
Good for you Gwyneth--- YOU have common sense!

Every parent wants to make life a little easier for their kids but we're talking trust funds--huge trust funds w/lots of money. I'm sure when Gwenyth and Nigella go, their kids will be well taken care of. In the meantime, they have to work like the rest of us and I think these 2 women are brillant and strong. My parents did that to us and although we did not inherit a "lot" of money, we were okay after we lost our parents. Hell, they worked hard for their money and I'm glad they enjoyed it for as long as they possibly could.

Gwyneth's idea of not setting up a trust-fund for her kids is an example of a responsible parent! Look at all the "spoiled rich kids" we see in the tabloids! She's just trying to make sure she's not raising another Paris Hilton. You're confusing a selfless plan geared towards raising responsible adults with the selfishness of having a "name on a building". Most people who donate to charities do so anonymously, and I'm pretty sure Gwyneth Paltrow's not worried about people remembering her name.

and not a very good one at that