Date: September 04, 2015 02:35PM
I'm continuing this from a previous post. It was about a video by LDS, Inc encouraging parents to disinherit children that are not temple worthy.
First: I know many a Mormon who has lied their way through serving a "worthy" mission and getting a temple recommend. A program like this encourages hypocrisy and dishonesty in children.
Second: It's just possible that the parents, after disinheriting a child, might mismanage their own wealth, or have it stolen, and end up needing help from the children that went out and made it on their own. Especially if the inheritance is all tied-up together until the death of both parents. All could be lost before the kids reach that date. This happened with the Osmand Family. Dad, rather than pay each kid a salary, made the kids keep all the money in one pot of investments. Their accountant mismanaged/stole the whole thing and now the boys are having to work until they drop to support their families. Donny, Jimmy and Marie have been doing pretty well on their own but the oldest brothers haven't had it so well because they were mainly a part of the whole family. Holding things in joint family ownership can save on taxes but if anything goes wrong everyone suffers. It also makes it tough for the kids who have different talents, abilities, and mindset than the parents. Parents might think one kid is wasting his time playing guitar but he may end-up wealthy and humanitarian like Bono. The LDS video made the dad seem like a real judgmental, sanctimonious prick IMO.