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You could name a guardian for the money, but a trust allows you to spell out how the money should be spent and at what age and under what conditions your child should gain control of any remaining cash.
FORBES: Investing
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Check with your client whether you should ask each child what they want for Christmas.
FORBES: Connect
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Other rules apply to children and what should and should not be reported to child welfare agents.
FORBES: Magazine Article
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It outlines what action professionals should take if they feel a child is at risk, including making referrals to social workers, police or charities.
BBC: Two boys
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He also said -- and it's important to remember that he said this -- if whatever action we take saves one child's life, we should take it, because what would we say to ourselves if we haven't.
WHITEHOUSE: Press Briefing by Press Secretary Jay Carney,
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You decided that no child should be consigned to a life of poor health because of what neighborhood his or her family lives in.
WHITEHOUSE: Making Healthy Food Accessible & Affordable
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The government said no child should be denied an excellent education where teachers were free to decide what was best and where standards were high.
BBC: Parents applying to create first free school in Devon
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But other issues remain...what should the obligations of website operators be, if someone posts defamatory comment (accusing someone of child abuse, for example) on some busy site?
BBC: Week ahead