Nebraska LB1160 amends civil procedure, decedents' estates, trusts, and inheritance taxes.
Nebraska LB1160 amends civil procedure rules, decedents' estates, trusts, and inheritance taxes. It modifies provisions for actions and proceedings in district and county courts, updates homestead allowances for surviving spouses and children, redefines terms in the Nebraska Uniform Trust Code, and changes inheritance tax rates. The bill also updates requirements for contracts to make or not to revoke a trust, penalties for contesting a trust, and rules of construction for trust provisions.
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