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You may be able to avoid probate in Nebraska if you: Establish a Living Trust. Title assets in Joint Tenancy.
Some families may be eligible for a simplified probate process, which applies to estates valued at less than $50,000.
What Is a Small Estate? Nebraska Revised Statute §30-24, 125 recites the guidelines. Basically, if a decedent's estate involves less than $50,000 in probatable personal property and/or $50,000 or less in real estate, no probate is required.
10 tips to avoid probate Give away property. Establish joint ownership for real estate. Joint ownership for other property. Pay-on-death financial accounts. Transfer-on-death securities. Transfer on death for motor vehicles. Transfer on death for real estate. Living trusts.
In Nebraska, a deceased person's estate generally must pass through probate, whether the person had executed a valid will during his or her lifetime or not.
One of the most common ways to avoid probate is to create a living trust. Through a living trust, the person writing the trust (grantor) must "fund the trust" by putting the assets they choose into it. The grantor retains control over the trust's property until their death or incapacitation.
The PR for an estate is typically someone named by the decedent in his or her will. A PR acquires his or her authority on behalf of the estate through a probate court's issuance of a letter of personal representation.
You must file the affidavit with the register of deeds office of the county in which the real property of the deceased is located and also file, in any other county in Nebraska in which the real property of the deceased that is subject to the affidavit is located, the recorded affidavit and a certified or authenticated ...