It’s not just wealthy celebrities like Daniel Craig and entrepreneurs like Warren Buffett and Kevin O’Leary who are concerned about leaving too much money for their children: millionaires are increasingly concerned about how much of their wealth to give to their children.

This is the result of a survey conducted by The Motley Fool of 2,000 high net worth individuals – who are classified as having net worth over $ 1 million – asked about their attitudes towards inheritance.

One of the top concerns of respondents was the possibility of leaving too much money to their heirs, which was mentioned by 67% of respondents.

Respondents had numerous concerns about the impact of leaving too much money to their heirs, including that the assets would be “used irresponsibly” or that the beneficiaries would be “rotten”.

“It’s clear that high net worth individuals are concerned about the impact of inheriting too great,” Motley Fool research analyst Jack Caporal told CNBC Make It. that inspire their heirs to embrace values ​​they consider important, such as hard work, good school performance and a good career path. “

The survey found that 85% of high net worth individuals who had to meet certain conditions to receive their own inheritance agree that it is possible to leave too much money to an heir. Among respondents who received an inheritance between $ 500,000 and $ 1 million, 84% agreed.

“The results and their responses were definitely guided by their own experiences, which is interesting because you get the feeling that these were not unfounded concerns, but that they relate to their own experiences that have inherited a great deal of wealth,” says Caporal.

However, only 78.5% of those who received inheritances between $ 100,000 and $ 500,000 agreed and 69% of those who received less than $ 100,000.

Despite their concerns about the size of inheritance, 60% of respondents said it was “very important” to leave an inheritance and around 34% said they intend to leave more than 50% of their wealth to their heirs.

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