Detailed Answer
Preparing for probate before a loved one’s passing can save time, reduce stress and lower costs for the estate. In Nebraska, a well-organized file of information and documents helps the personal representative comply with Neb. Rev. Stat. Chapter 30 (Probate Code) requirements, including filing an inventory under § 30-2487 and providing notice under § 30-2454.
1. Personal Identifiers
- Full legal name, aliases and Social Security number.
- Date and place of birth; certified birth certificate.
- Marital status and marriage certificate or divorce decree.
- Children’s names, birthdates and contact details.
2. Estate Planning Documents
- Last will and testament: location of original will and any codicils.
- Revocable or irrevocable trusts, including trustee contact information.
- Durable power of attorney and health care directives.
3. Asset Records
- Real estate deeds, mortgage statements and property tax records.
- Bank and investment account statements with account and routing numbers.
- Retirement accounts (IRAs, 401(k)s) and beneficiary designations.
- Life insurance policies: policy numbers and contact for agent.
- Titles for vehicles, boats and other titled property.
- Business ownership documents: operating agreements, stock certificates.
4. Liability and Expense Information
- Mortgage statements, loan documents and creditor contact details.
- Credit card statements and outstanding balances.
- Final medical bills and funeral expenses estimates.
- Tax returns for the past three years and estimated tax liabilities.
5. Digital Assets and Passwords
- List of email accounts, online banking credentials and social media logins.
- Access instructions for crypto wallets or peer-to-peer accounts.
6. Professional Contacts
- Attorney, accountant and financial advisor names and contact information.
- Insurance agent and real estate broker details.
Organizing these documents in a binder or secure digital folder, with an index, allows the personal representative to file the probate petition under Neb. Rev. Stat. § 30-2402 and promptly satisfy inventory requirements under § 30-2487. Clear organization helps avoid delays and additional court fees.
Helpful Hints
- Schedule an annual review of documents to keep information current.
- Store originals in a fireproof safe or, if digital, on encrypted drives.
- Inform a trusted person where documents are stored and how to access them.
- Keep beneficiary designations up to date to bypass probate on certain assets.
- Consult with a Nebraska-licensed attorney if you have unique or complex assets.
Disclaimer: This article is for educational purposes only and does not constitute legal advice. Consult a qualified attorney about your specific circumstances.