All you need to give to your son is the house you live in, if you own it. You should let your son know that he will become the owner of the house only upon your death. When you die, everything will be his, but if he does not live properly and misbehaves, then you will have to ask him and his wife to leave. But as long as you are alive the property is yours. You should also make a will. Give to your son, whatever you inherited from your own father. Do not divulge all your assets to him. If he thinks that you have half the amount of what you actually have, let him think that. He may have expectations of inheriting that amount from you. Let him be with his greed until the end. And in his greed, he will instruct his wife to take good care of you. Live your life with pride. Pass on your inheritance to your son.
No one is allowed to take anything along with him. They burn us on the funeral pyre when we go. If you leave an excessive amount of wealth behind, the children will think that there is no need for them to work for a living. They will lose themselves to a life of alcohol and other vices; they will fall into the company of alcoholics. So you should give to your children, but within limits. If you leave them an excessive amount of money, they will end up abusing it. Make it so that they will have to work for their living. If they are idle, they will fall prey to all kinds of vices.
If your son likes a particular business, help him establish it. Help him borrow about fifty percent from the bank and you may provide the rest. Let him make regular payments on the loan from the bank. This will make him financially responsible.
Help him just enough to get started and use the rest of your wealth to give happiness to others. How can you give happiness to others? By appeasing their hearts. It is this wealth that will follow you into your next life. It does not come in the form of cash, but in the form of an 'overdraft' from this life. By helping the needy people and soothing their sorrows, you will acquire a 'draft' for use in your next life. So use your money wisely. Do not worry about anything. Eat well and do not be miserly when it comes to food. Enhance other people's lives and collect all the overdrafts.
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Book Name: Generation Gap (Page #50 Last Paragraph; Entire Page #51)