I’ve got mixed emotions on this sort of thing. I’ve known enough trust fundies to realize that great inherited wealth with no strings attached can be destructive to the heir. He’s certainly entitled to will his estate be dispensed in the manner that he sees fit. However, the intergenerational transfer of wealth is the means by which all future generations benefit and get ahead of those who went before. It should by rights be passed on. The left has been at war with it and attempting to confiscate it for as long as I’ve been on this planet.
He will probably endow several charities that promote deviant lifestyles or some alien watch group. I agree that giving unearned wealth to children can be problematic it is better than giving it to people/entities have also did not earn it and have no care whether you live or die outside getting their endowment.
Properly set up, a trust for heirs, or the family in general, should reward work towards growing the fund. I.e. a beneficiary starts off with a base small payment and grows into heavier benefits by contributing assets or asset enhancing labor to it.
Maybe Sting recalls the universal proverb that it takes approximately three generations for most family fortunes to be completely dissipated.