Why Sting Won’t Leave His Children a Trust Fund

By Andrea Dresdale

Credit: Frank OckenfelsSting may be worth $300 million, but the singer isn’t planning to leave much of his fortune to his six children.

“I told them there won’t be much money left because we are spending it!” the Police frontman tells The Daily Mail, adding that he has more than 100 people on his payroll. “We have a lot of commitments. What comes in, we spend, and there isn’t much left.”

More importantly, Sting — who has four children with wife Trudie Styler and two from a previous marriage — wants his children to be able …read more

Source: http://abcnewsradioonline.com/music-news/2014/6/24/why-sting-wont-leave-his-children-a-trust-fund.html

    

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