We now know that what Philip Seymour Hoffman wanted more than anything for his kids was that they NOT be spoiled.
Six months after the 46-year-old actor’s death from a drug overdose, there are reports that the movie star left his three kids out of his will. Instead, he left everything to his longtime girlfriend, Mimi O’Donnell. O’Donnell is also the mother of Hoffman’s son, Cooper (10), and two daughters– Tallulah (7) and Willa (5.)
Hoffman’s estate is estimated to be worth $35 million. James Cahill, an attorney appointed to protect the interests of the kids, reportedly says that Hoffman refused to go along with his accountant’s suggestion that he set up trusts for the children. In court papers obtained by the New York Post, Cahill noted that Hoffman “did not want his children to be considered ‘trust fund’ kids.” He said that, plain and simple, Hoffman expected O’Donnell to take care of their little ones.
Although some may argue that this decision leaves the children in a vulnerable position, or may affect their feelings towards their late father in future years, KnowMore parenting expert Dr. Robyn Silverman feels differently. “While it may appear that money would be one of the best gifts a parent could give to a child, in actuality, the gifts of strong character, work ethic and a feeling of confidence in one’s own ability to eventually take care of themselves is much more significant. [O’Donnell] can ensure that the children are taken care of (and even have a soft place to land if problems arise) but still provide the children with opportunities to develop and challenge themselves.”
The actor’s passing may have been wholly unexpected, but it does seem that he indeed had a plan for his children, and sought a certain kind of upbringing for them–one where they would be in charge of forging their own futures and paths in life.
What do you think… should Hoffman have set up trusts for the kids…or does leaving all the money to mom make total sense?