[Meggan]

.. I’m not married and I have no kids. I’d like to list my nieces and nephews as beneficiaries, but I heard minors cannot be beneficiaries.

Anybody know if this is true?

[Nicholas]

They can be. The money maybe handled differently until they turn 18 though.

[Stefani]

They can be beneficiaries, but its best you put a clause in your will or create trust that the money is managed by someone trustworthy until they turn 18 OR such a time as they are deemed fit to receive it.

[Author]

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