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set up a spendthrift trust on your behalf and
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the spendthrift trust will then pay you an income for life.
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Or, they could even go beyond your life;
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they could go to your children or whatever.
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That prevents you from squandering the money--
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from going to the casino and gambling it away
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if your parents don't trust you.
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You see the idea?
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The bank then will manage it for the rest of your life and
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your parents will die and you will outlive them,
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but that money will be stuck in that trust and
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you can't get it out because they set it up and it's there.