Our state has different mechanisms through which it gives authority to parents so they can take care of children's rights and interests in the best way even though these authorities are not unlimited. If parents aren't capable of providing that, it is state's obligation to react in order to protect and esure the welfare of a child. The state acts through measures of protection which are in jurisdiction of social care centre and court who give final decisions for protecting children's rights and interests. Each child, even conceived has legal capacity, but it is not capable of participating in legal traffic on their own. It is parents' duty, for the sake of protecting children's rights and interests, to take that obligation to themselves until children are eighteen or until they acquire business ability on another legal basis. Considering that children can acquire properties on any legal basis: by working, by inheritance, by giving, by scholarship, even by lottery games, parents are obliged to protect their property interests until children are of age except the property that a child has acquired by working. Parents who have right for parental care have duty, right and responsibility to manage children's property responsibly in a way to preserve it and if possible increase it.