The claim that the hadith "You and your wealth belong to your father" is a moral principle

Question:
Honorable Shaykh, may Allah grant you success. The Messenger (peace and blessings be upon him) said: One person stated that this hadith is a moral principle that does not bind the son and is not obligatory upon him. Is what he mentioned correct?

Answer:
No, how can it be an ethical principle? This is a text from the Messenger (peace and blessings be upon him) stating that the son and what he owns belong to his father. The father has the right to take from his son’s wealth what does not harm him and what he does not need. This is a principle, and people come along and manipulate it, turning it away from its meaning. This is not permissible. Yes.