If you have ever been appointed the trustee of a trust, you quickly learned that there are a number of responsibilities you must follow in the administration of the trust. Those responsibilities just recently increased thanks to the Nebraska Legislature. Legislative Bill 72 (LB 72) requires that the trustee must satisfy all claims for Medicaid […]

On June 26, 2015, the United States Supreme Court ruled in favor of marriage equality, finding that the Fourteenth Amendment of the Constitution requires all states to issue marriage licenses to same-sex couples and recognize same-sex marriages entered into in other states. Following is a brief background on the history of this issue in Nebraska. […]

Timothy J. Buckley shares important tips for estate planning for people from every walk of life:

Under current rules, the IRS will impose an Estate Tax on the estates of decedents who passed away in 2014 with a net value in excess of $5,340,000. Many individuals with a high net worth that may be subject to the Federal Estate Tax upon their death often take advantage of the IRS’ Annual Exclusion […]

When considering estate planning, people often think mainly about drafting a last will and testament to dispose of their property they leave upon their death. An important estate planning component to consider is who will take care of your personal well-being and finances in the event you become physically and/or mentally incapacitated. A durable power […]