Reply to If you were setting up a trust for your nieces/ nephews how would you do it?

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Reply to "If you were setting up a trust for your nieces/ nephews how would you do it?"

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[quote=Anonymous][quote=Anonymous]This feels a little too proactive? You know best but we know plenty of people who met their person and started families in their 40s.

Also know 3-4 wealthy women who never found their person and adopted on their own in their late 40s / early 50s after failed IVF attempts with donors. They all got on the adoption lists and within 12 months got the call to meet their baby : )

So all that said if you really want kids that’s not out of the question at all. Idk about around here but NY has some amazing adoption agencies that move pretty fast. [/quote]

I think OP is referring to estate planning, not inter vivos gifting. If she winds up having a family, she can change her estate planning.

OP, talk to a good estate attorney.

My family has trusts and I am a lawyer - not an estate attorney - but I handle all our extended family financial and legal matters by coordinating with the estate attorney and accountant.

If you’re saying you want your nieces and nephews to be your heirs, I recommend you set your estate up

Have to go will
Post more later [/quote]

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