Nebraska is still one of very few states that has an inheritance tax. However, the Nebraska Legislature has made some recent changes to the laws concerning inheritance tax.
For persons dying on or after January 1, 2023, the exemption amount has increased, and the tax rate has decreased for …
“To be eligible for Medicaid long term care, an applicant must have income and assets under a specified amount. If the applicant’s income or countable assets exceed Medicaid’s financial limits in their state, an applicant can become eligible by ‘spending down’ one’s income or …
Estate planning usually consists of a few different documents that have different purposes. Estate plans can become complicated, depending upon the types of assets you have and what you want done with them.
A common estate plan includes the following documents:
Will Durable Power of Attorney Healthcare Power of…The Setting Every Community Up for Retirement Enhancement Act, or the SECURE Act, was passed in December 2019. Since being signed into law, the SECURE Act has had a significant impact on Americans’ retirement benefits and long-term retirement savings. This Act, most importantly, has had a major effect on …