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Estate Planning

What is the Medicaid Spend Down Required to Enter a Nursing Home in Nebraska?

What is Medicaid Spend Down??

“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 …

November 11Estate Planning

What is an “Estate Plan”?

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 SECURE Act and How it Effects Beneficiaries

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 …

What You Need to Know About Nebraska’s Inheritance Tax

Did you know that Nebraska is one of only six states in the United States that has an inheritance tax?  What exactly is an inheritance tax?

Well, according to Nebraska law (almost) all property that passes by Will or by intestate laws (i.e. if there is no Will) from …

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