You'll have to pay that to the IRS and your children will inherit the rest. 

We did not specify regarding trampoline in the contract, however we have clause "House furniture, cloth furniture and children’s toys are not permitted to be left out on a porch or in a yard at the end of a day."

(bias against young children) Maybe you are biased against people that don't live in the immediate area.

If the gold bar is an asset because it will eventually be sold for profit, then my home is also an asset because I will also ultimately sell it for a profit, or if I die prior to selling then my children will at some point sell it for a profit.There is no difference between the two, by YOUR original definition the gold bar shouldn't be an asset because it doesn't generate any cashflow, or by your new definition the house should be an asset because it will eventually be sold for profit. 

It would be nice to get my children into some fresh air for a healthy break.

We will be investing also for our own children so we and they can enjoy rent-free accommodations!

Getting around the statutory interest, we issued a check, and our MIL issued a check back to us marking it X-mas gift.Our MIL did gifting to us and her 2 other children, incurring no gift taxes at all.

My hubby also is a white water kayaker and pre-children I spent most weekends camping all around North GA and beyond w/him near the wild creeks & rivers he'd run. 

It depends if they are just holding property or if they have a more difficult task like presiding over funds for your minor children when you pass. 3.

The children are largely on their own now (yes!)