It’s not illegal to take money from your kids in most cases, although, of course, there are exceptions, like if the child’s money is in a specific trust and you abuse the funds. Simply confiscating your child’s funds sends the message that it’s okay to take whatever you need.
Did Steve Jobs leave his daughter any money?
Lisa Brennan-Jobs, now a 42 year old author and a Harvard graduate, had a different experience growing up with her father than her half-siblings. After his death, Steve Jobs did make sure to leave Lisa with a multi-million dollar inheritance.