Saying that he plans to live large and then donate what’s left to charity, James Bond actor Daniel Craig has said that he won’t be leaving his fortune to his children.

aceshowbiz.com reports that the Hollywood star’s philosophy is “get rid of it or give it away before you go”. Craig’s fortune is estimated to be at a $145 million.

“I don’t want to leave great sums to the next generation. I think inheritance is quite distasteful,” Craig told Saga magazine.

India Today reports that Craig has a 28-year-old daughter from his marriage to former-wife Fiona Loudon and a young child with his current partner, actress Rachel Weisz.