Legal Question in Juvenile Dependency in Louisiana

The best way is probably to make a trust and have your life policy name the trust as the beneficiary (or actually own the policy). In the trust, you can name your grandchildren as beneficiaries and also set forth the restrictions, if any, within that instrument. This way, the Trustee has some accountability to the beneficiaries and has to protect the funds for them. Thus, the parents would not be able to spend the money for their own gain.