The parent will get an Xbox live account if you make an account and you put yourself as under 18 years old. The parent count is not charged separately, though, it's all one bundle.
There will have to be a password for the parent permission. It will be your password to sign into xbox or your hotmail account.
No, just change the email address in your Xbox live account.
Yes
yes to download anything on xbox live you need a silver xbox live account
You are allowed to create another account if you obide by the Xbox LIVE Code of Conduct and Xbox LIVE Terms of Use.
soiljaboy47 is his xbox live name
Connect to Xbox live then account settings
It's made by them, that's why it's linked to Microsoft :D x
It will hold your xbox live account but not much more
Yes, you can use your Xbox Live account on your new Xbox One.
An internet connection and xbox live gold account
At the dashboard click create an account!