I have children who want their inheritance now and a spouse who is gambler....I fear that the assets that need to last a lifetime could be gone in very little time.
is there such a thing as entering into a voluntary conservatorship? I am under 65, would a self funded special needs trust be more appropriate?
Your situation with children wanting their inheritance NOW seems to be more prevalent these days and it is heartbreaking as what you have earned does not even belong to them until you are gone and normally until your wife is gone. If your wife does have a gambling problem then setting up your estate to where she only has money to live off of may be the best bet, to save her from herself.
God Bless you BabaYaga!