Estate Planning for Same-Sex Couples in Nebraska
Part I
Same-sex couples in
Nebraska can protect themselves and their partners with Estate Planning
services. Although marriage between
same-sex partners is not allowed in Nebraska, there are three important Estate
Planning services that every couple should consider: a Will, Healthcare Directives,
and Financial &Healthcare Powers of Attorney.
A Will may set forth a
specified distribution of the decedent’s assets to their named partner. Nebraska
intestacy law provides that if a spouse dies without a Will all of the estate
will be left to the surviving spouse.[1]
However, it is particularly important for same-sex couples not afforded
marriage to execute a Will to ensure their estate is left to their partner.
Additionally, the Will
may name a partner as executor, trustee, decision-maker, and guardian if the
decedent should have any minor children.[2] It
is important to remember that a Will, is not automatically revoked if the
same-sex couples relationship dissolves unlike when a heterosexual couple
divorces.[3] An
individual may transfer his or her property into a living trust during life,
instead of a Will, in order to avoid conflicts in probate.[4]
[1] http://nebraskalegislature.gov/laws/statutes.php?statute=30-2209
[2] Anthony M. Brown, Estate
Planning for Same-Sex Couples: Practicalities, Precautions, Perils, and Proposals,
12 Fla. Coastal L. Rev. 217 (2010)
[3]
Id.
[4]Id.
This article should not be construed as legal advice. Situations are different and it’s impossible to provide legal advice for every situation without knowing the individual facts.
This article should not be construed as legal advice. Situations are different and it’s impossible to provide legal advice for every situation without knowing the individual facts.
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