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Using Living Trusts to Protect Your Business Assets

Business owners work hard to build their assets and establish their companies. Therefore, it’s essential to ensure that these assets are protected for the business’s continuity and the owner’s peace of mind. One way of safeguarding these assets is by utilizing a living trust. This article discusses how a living trust can protect your business assets. What Is a Living Trust? A living trust is a legal entity created to hold assets, often for the benefit of certain individuals. It’s called a “living” trust because it’s established while you’re alive, unlike a testamentary trust, which comes into effect upon your…
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Posted on: December 15, 2023
An adult daughter discussing long-term care planning with an aging loved one

Discussing Long-Term Care with an Aging Loved One

With an estimated 70% of Americans needing long-term care after age 65, planning for long-term care is an integral part of an Omaha estate plan. It’s better to talk about long-term care and make a plan before the family is confronted with an emergency situation.  Kiplinger’s article, “What Gen X Needs to Know About Their Aging […]
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Posted on: December 14, 2023
Protect your assests

Why You Should Put Your House in a Trust

Putting a home into a trust has several benefits, from avoiding the lengthy probate process to providing potential tax advantages. This article discusses some of the intricacies of trusts and the importance of consulting with an experienced estate planning attorney. What Is a Trust and Why Is It Important? A trust is a legal arrangement where one person (the grantor) transfers ownership of their assets, like a house, to a trustee. The trustee holds and manages these assets on behalf of the named beneficiaries. One main benefit of putting property in a trust is to avoid probate, which can be…
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Posted on: December 1, 2023
An older couple discussing the use of a Medicaid Asset Protection Trust

How a Medicaid Asset Protection Trust Helps with Long-Term Care

More than a few Omaha seniors who are retired or nearing retirement lose sleep worrying over being able to afford the expense of long-term care, including nursing home care, which can cost thousands monthly. The fallback option for many Americans is Medicaid notes a recent article, “Long-Term-Care planning using trusts,” from the Journal of Accountancy. […]
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Posted on: November 21, 2023
A funeral showing a black casket with flowers on top

What Happens When the Second Parent Passes?

However, settling the second spouse's affairs was more complex, even with advance planning. Everything from wills to banking to tax returns became more complicated.
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Posted on: October 24, 2023
Estate planning attorney

Now Is the Time for Estate Planning

As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
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Posted on: October 13, 2023
Explore your options for paying for nursing home care

Paying for Nursing Home Care in Omaha: Your Guide to Medicare, Medicaid, and More

Navigating the myriad of ways to pay for nursing home care can be overwhelming. But with a clear understanding of nursing home costs and the options available, it becomes manageable. If you're based in Omaha, Nebraska, and considering nursing home care for a loved one, this guide is tailor-made for you. Understanding Nursing Home Costs […]
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Posted on: October 11, 2023
Estate planning attorney

Do You Need a Will or Trusts or Both?

A traditional will could be the simplest but not necessarily the best way to pass on your legacy.
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Posted on: October 6, 2023
placing a white flower on a gravestone

Tasks to Be Done After a Loved One Passes

Even though the death of a loved one comes with unbearable grief, there are important tasks you must carry out as soon as you’re able.
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Posted on: September 29, 2023
Contingent beneficiaries

Why are Contingent Beneficiaries Important?

When planning your estate rarely will you experience difficulty naming your initial beneficiary or beneficiaries for your will, IRA’s or life insurance.
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Posted on: September 25, 2023
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Estate Planning Attorney in Omaha, NE

9859 South 168th Avenue,
Omaha, NE 68136

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Minot, ND Office

7 Third Street SE, Suite 202,
Minot, ND 58701

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Iowa Falls, IA Office

320 North Oak Street, PO Box 295,
Iowa Falls, IA 50126

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Some Of The Areas We Serve

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Estate Planning Attorney in Omaha, NE

9859 South 168th Avenue,
Omaha, NE 68136

Minot, ND Office

7 Third Street SE, Suite 202,
Minot, ND 58701

Iowa Falls, IA Office

320 North Oak Street, PO Box 295,
Iowa Falls, IA 50126

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