My suggestion is to spend your money yourself and if you must leave something behind when you die, leave it to a good cause. Don't ruin your nephews' character by encouraging them to daydream for years about all they will inherit when you die. Besides, do you really want people rejoicing when you die? You can worry about leaving money to individuals if you have dependent children to take care of. Even then, once they were adults, I would be leery of waiting to die before giving them the money. Spend it on a quality education or a quality lifestyle. I'm not surprised your nephews gambled your money gifts away. "Free" money does not encourage the development of a good character. Until you have children, I would suggest that the will provide for your aging parents if needed and otherwise go to some cause you believe in. If you don't believe in anything, well, that's another problem.
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