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The plan is a lot different now that I have young kids versus when I was single.
Hire a financial advisor.
Put a big chunk into an investment where I could live off the interest if I needed to.
Give some money to immediate family and a couple of close friends.
I'd probably quit my current job but find something to invest my time in during the times that the kids are in school. I'd make sure that it was something that would allow me to be able to drop the kids off and pick them up each day.
Summer time would be family vacation time. Take them to different places around the world so that they experience as much as they can.
Put away money so that they are taken care of for college.
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