Anyone who knows you understands that your nieces and nephews mean the world to you. You may not have kids of your own, but you have been blessed with the opportunity to be close to your siblings’ children.
If anything were to happen to you then you would want your assets to go to your nieces and nephews. You would want to provide for them before your parents or siblings.
You Can Do it
However, in order to do it you will need to take action. If you fail to create a valid will or trust or other estate-planning vehicle then it is unlikely that your assets will be provided directly to your nieces and nephews. Accordingly, it is important to talk to an estate planning lawyer about:
- Your will
- Creating a trust
- Life insurance policies
- Other estate planning tools
The exact moves that you make will depend on a number of factors including, but not limited to:
- The age of your nieces and nephews
- Whether any of your nieces and nephews have disabilities or special needs
- The value of your assets
- Other factors relevant to the creation and eventual distribution of your estate
Talk to a Lawyer Today
You can make sure that your nieces and nephews inherit your assets when you are gone. Please start a live chat with us today or contact us via our online contact form to schedule an initial consultation about creating an estate plan that is individualized to help you meet your estate planning goals.