I think it is very likely that it will.
as for chldren if you do not want it to repeat id say just try to be a good person to them raise them good while their still kids, teach them from right and wrong and show them how important education is.
i do not think so, on the context of you doing your history good does not mean that your kids will repeat or do what you have done since it will be a very different situation when they reach thier time. greetings. : )
It isn't your history what affects your children's future, it's your current actions. You can affect very powerfully how your childrens grow up, but your past won't affect it, and you should focus on present.