If you're a child of a famous person, there are a lot of benefits to that. In fact, there are mostly only benefits to that. Money and opportunity just because of your last name? Sign me up!
However, your parent's fame also means that lots of other famous people know them, and could have a lot of potentially embarrassing or disgusting stories to regal you with.
Take, for example, Stephen Baldwin's daughter, Hailey Bieber, who I'm sure has heard a lot.