Trust vs Will

Yes, I have included the state or country in the post

My estate is fairly simple but I had a recent brush with unalivedness that scared me. I live in Nevada. As an unmarried woman with no offspring, my assets would go to my mother and if she were to pass, then my brother. I don't want that to happen in either case. I have two nephews that are in their teens that I want to inherit everything.

The bank account, investment, and 401k already have the boys listed as beneficiaries. The house and the vehicle are the only debts I have and the estimates listed below are AFTER deducting what I owe. I am not sure what should I do about everything else.

Should I set up a will and/or a trust?

Assets (conservatively):

  • House worth $250k
  • 401k worth $250k
  • Bank and Small investment Accounts worth $40k
  • Vehicle worth $12
  • Jewerly, etc worth $25k

Any suggestions?

Posted Jun 26, 2026, 8:52 PM UTC

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