If you have accumulated wealth or life insurance, you may want to create a safety net for your children. Planning is critical if your children are young, in case something happens to you before they are ready to face life on their own without the benefit of your personal training. You solved Problem One (Wealth Accumulation) by obtaining life insurance or by saving hard-earned dollars. Problem Two (Wealth Preservation) is more difficult. Unearned wealth—even in modest amounts—can be a curse. It can lead to loss of motivation, guilt, diminished self-esteem, arrogance, profligate spending, and other destructive behaviors.