After someone dies, their loved ones begin the process of distributing their assets and winding up the decedent's affairs. We offer comprehensive representation for personal representatives, trustees, and beneficiaries in estate and trust administration.
The process by which a decedent's assets are transferred to the people who will inherit the property is called probate. If the deceased person had a Will, the probate process is started by filing the Will with the county court where the decedent lived. If the deceased person did not have a Will, probate is still necessary to distribute the decedent's assets according to state law.
If the decedent has executed a Trust and properly funded it, you can avoid filing a probate case in county court. The Trustee will work with the Personal Representative to administer your estate in the event of your death. This allows for a more expeditious distribution of the trust estate, without all the built-in delays of the probate process. The Trust document, executed by the decedent, controls the distribution of the assets.
In Nebraska, when someone passes away, depending on the value of the estate, the county assesses an inheritance tax relative to the assets distributed to the beneficiary and the relationship of the beneficiary to the deceased person. The determination and assessment of the tax is a court proceeding based on the value of the estate. Failure to pay the tax can result in penalties being assessed against the assets of the estate.
Contact Us Today
If you or a loved one has been charged with a felony or misdemeanor crime in Douglas County, Sarpy County, Cass County or Washington County in Nebraska, contact us at Hightower Reff Law. Contact us online, email us at firstname.lastname@example.org or call 402-932-9550 to schedule a consultation with one of our lawyers, in our office, or we can meet with you at a police department or jail, if necessary.