Valid point and luckily I know the answer to that in the country I am talking about. Basically any inheritance would go directly to my children, even if no will was written. By law that is what happens, it would not get forfeited to the state.
It sounds good on paper getting in 50K a year in income from rental after having a portfolio of 10 apartments. 10 years is $500k which is certainly very good for something on the side. By then adding apartments would be a yearly thing with that much money coming on.
That is good you know - but I am sure there is more to it than that. What are the tax issues, any family provision type legislation, what if you have no children, what if you have a spouse who is not related to the children, what if your children are non residents etc etc.