First of all, you cant control your children's behavior after you are dead; however, the concept of the spendthrift trust is vaguely helpful.
Somewhat. About all it can do is distribute the property slowly and in dribbles. It has some very real limits.
Basically, the answer to the question is that you cant make sure your children dont spend their inheritance recklessly, except by not leaving them anything.
And even if they dont spend it recklessly, YOU are not going to be about to get a trustee's report.
The best advice is not legal but moral "Train up a child in the way he should go, and when he is old he will not depart from it."
Also, for a parent to spend some time from about 2 years old teaching the child about money, property and things, and how they are to be cared for, and what is wise property use and what is foolish and wasteful property use almost always works. This is an expansion of the preceding paragraph; it has to do with child rearing, and and being a parent who teaches his offspring to honor the graves of his ancestors, and the life of the living at the same time. Consult a probate and estate attorney in your area. There re a number of ways of setting up a trust that will prevent them from blowing the entire inheritance when they turn 18. Typically it involves with providing for their education and giving them the balance at a certain age or after they meet certain requirements, such as graduating from college.
They are wonderful pets they are playful and love to spend time with you they dont need alot of walks and they are great with children.
Its,,,,,,, i dont know.
i dont knw
You Dont Spend It !
no,in fact they dont spend any time.
Of coarse not! if your parents dont have children you wouldn't even be born!
dont spend your money
No.. My child gets on the bus at 8am and dont get home until a little after 4pm. I do like spending time with my children, and if they go to 6 days a week I would not get to spend much time with him.
the common inheritence of English institutions
you dont have to pay to tlk
They dont have one.
canadians dont rape because they dont have genitalia