Kid's Accounts

You can make there accounts as child accounts, and link them to your accounts as child accounts. You can manage family settings and such that way I believe. Here, you can sign up for the Xbox Live Family pack www.xbox.com/.../FamilyPackFAQ

Also, I'm pretty sure each child will need their own email linked to their account. Good luck :)

>   does each child need a separate email account associated with their Live accounts or can they all use our family email?

Yes, they need unique emails, which can be created for free at http://signup.live.com as a unique Microsoft Account addresse is needed to create an Xbox gamertag.

However, you can change the billing email address for each to go to your email, so you get all the billing notices. You see, there are three email addresses in the Xbox system for every account:

 A) The Microsoft Account, also known as the Windows Live ID, which is used to sign in at websites and download the profile to the Xbox. There's only one Microsoft Account for every Gamertag, and only one Gamertag for every Microsoft Account. If that addresse no longer works or is wrong, you can keep using it until you have time to contact Xbox Support  http://support.xbox.com/contact-us?xr=footnav#0:6:2  for help with your account. You can check or change that on your console with Settings | Account | --> --> Account Security | fib and say you have a new addresse ready | and your current Microsoft Account addresse will appear at right.

 B) The alternate email address is where password reset messages go. You can see that at http://account.live.com/summarypage.aspx and change that by selecting Edit Security Info there or at https://account.live.com/ManageAssocIds?MSPPError=-2147217396

 C) The billing contact email address is where billing statements go. You can see & change that at http://xbox.com/accounts by choosing Billing Contact Information or on the console with Settings | Account --> --> Account Security | Billing Information

B & C can be the same, FYI, and can be _your_ addresse.