Not what he’s saying. He’s saying you have to include your children in your will. But let’s say you want to give it to a charity or friend? Why should your kids get your assets if you want it to go elsewhere?
? I didn’t say anything has to go to your children. I was commenting about laws. You can give your money to who or whatever you want and you have to have a designated recipient, unless you’re married, to receive what is yours unless you want the state to take control of the distribution of your assets. .
There are many institutions and people that have proven they can’t effectively handle money. But I don’t think government will be responsible with most people assets.