Lincoln, Nebraska Trusts Lawyers in Lancaster County

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Lincoln, Nebraska Trusts Lawyers in Lancaster County

Lancaster County, NE Trust Attorneys Here to Help in Lincoln, Nebraska and the Nearby Areas

At Stange Law Firm, PC, we can help protect the wealth and assets of our clients through properly executed estate planning documents. In some cases, an estate plan may involve revocable or irrevocable trusts. 

There are essentially three types of trusts in estate planning:

Revocable trusts:  Often referred to as living trusts, these trusts can help avoid probate at death and guardianship in the event of incapacity. Under a revocable trust, the person who creates the trust, known as the settlor or grantor, remains the owner of the assets named in the trust. Those assets are taxable to the settlor for income tax purposes and included in their estate for estate tax purposes. 

Irrevocable trust: These trusts are often used to transfer assets out of the settlor or grantor’s estate to reduce the size of the estate for federal estate tax purposes. Under an irrevocable trust, the settlor gives up all control over the trust assets, and the assets are not considered part of the estate. Because the trust is irrevocable, a client must carefully choose a trustee.

Testamentary trusts: These trusts are created at death through a will or revocable trust. Testamentary trusts may separate marital assets (includable in the gross estate) from non-marital assets (not includable in the gross estate). Additionally, testamentary trusts are essential to protect children, grandchildren, and other family members from divorce, creditors, bankruptcy, and generation-skipping transfer taxes.

Lancaster County, Nebraska Estate Planning Lawyers Who Assist With Revocable and Irrevocable Trusts in Lincoln, NE

At Stange Law Firm, PC in Lincoln, Nebraska, we can determine the right type of trust for your needs and objectives and select the type of trust that best protects your interests, including:

  • Irrevocable Trusts, including Special Needs, Asset Protection, and Life Insurance;
  • Revocable Trusts, including joint marital trusts or A-B Trusts; and
  • Testamentary Trusts.

Contact a Lancaster County Trust Lawyer at Stange Law Firm, PC in the Lincoln, Nebraska Area Today to Schedule an Initial Consultation

To set up a consultation with Stange Law Firm, PC, please call 855-805-0595 or contact us online. We have multi-state offices.

Lancaster County (Lincoln), Nebraska Office (402-204-5002) | 421 S. 9th St., Suite 205, Lincoln, Nebraska 68508


Helpful Information Regarding High Net Worth Divorce From our Webpage

To learn more about our work in the area of high net worth divorce, please follow the links below:
Do You Need a Last Will and Testament or an Estate Plan?
Everybody should consider making a will. However, a will is about much more than the division of a sizable estate, and making a will is not something that those with substantial assets.
Multi-state Trust Attorneys in the in Missouri, Illinois, Kansas, Oklahoma and Nebraska
As Stange Law Firm, PC, we can determine the right type of trust for your needs and objectives and select the type of trust that best protects your interests.
Valuing professional practices and businesses
Valuing a professional practice can be extremely difficult because much of the value is in the individual's contribution, not in merchandise or interests that can be easily divided. If you have questions, we have answers.
Pensions, IRAs and 401(k)s
Missouri law significantly affects the division of retirement savings accounts. If many of your assets are in IRAs or 401(k)s, we can talk with you about your options.
Qualified Domestic Relations Orders
QDROs create or recognize the existence of an alternate payee's right to receive all or a portion of the benefits payable under a retirement plan. We can explain what this means for you.
Divorce Tax Issues
For some, they can have significant questions and concerns about how getting divorced might effect them from a tax perspective. We can help ensure that clients can get the tax advice they need from tax professionals.
Maintaining Lifestyle
Many individuals have spent their entire life working hard in order to maintain a lifestyle that they have sought out. We can help individuals going through divorce ensure that they are put in the best financial position possible after a divorce.
Business Owners
Many individuals have spent their whole life trying to create a successful business or they have assisted their spouse build up this interest. It can be stressful when that business interest becomes part of a divorce proceeding. However, we an help ensure that a business interests are fairly evaluated.
Prenuptial & Postnuptial Agreements
Prior to entering into a marriage, or after the wedding date, many individuals are interested in putting together a prenuptial or postnuptial agreement to ensure that there are not lengthy and contentious divorce proceedings later if the marriage ends in divorce In these instances, we can help.
Farm Divorce
In certain cases, parties going through a divorce may own a family farm. This can result in the farm itself, equipment, livestock and other valuable assets being put in play in a divorce. We can help you if this is the case.
Stocks and Bonds
Many married couples also have significant sums in stocks and bonds. It's vital to work with an attorney to have an accounting of what is out there and to ensure it is properly addressed in family court.
Vocational Examination
The income producing potential of a husband and wife can be an important issue in a spousal support or child support case. A vocational examination can be useful in many of these cases where the current income of a party does not appropriately reflect what they could make.
Real Estate Portfolios
Real estate can be an important issue in divorce cases where the parties own rental property and other valuable real estate. We can work with parties in these types of cases to make sure these assets are property valuated and apportioned.
Delayed Compensation
In some situations, a party may be compensated through delayed compensation. This is an important area that should not be over-looked in a divorce.
Overseas Assets
Overseas assets can be significant issue in certain cases. It is vital that you have an attorney who understands how to address this issue
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From our webpage, you can also read articles about family law, view informational videos, seminar videos, listen to our podcast, download our mobile application or view support calculators for MissouriIllinois and Kansas.

If you are looking to find and hire a child custody lawyer, contact us online or by phone to schedule a consultation at any of our convenient locations.


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Stange Law Firm, PC

120 S. Central Avenue, Suite 450

St. Louis (Clayton), Missouri 63105

Toll Free: 855-805-0595
Fax: 314-963-9191
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