I'm sure that I would disagree with Sting on most matters but on this one I agree with him. However, it does leave open the problem of what he will do with his money as many here have noted....with large sums, it is typical that left minded directors get in control of their foundations. With our children, I've tried to invest in something that they are interested in and work them into it so that they have a career of their choosing.... essentially seeding something of value. Beyond that, our children should not be expecting anything and anything that is left will be targeted to do God's work.
“Give your kids enough to do something, but not enough to do nothing.” - quote from The Descendants film