Can a Nebraska Surviving Spouse Claim Part of a TOD Account Left to the Children?
A Kentucky appeals court recently held that a widow was entitled to half of about $2.33 million in transfer-on-death accounts that named her late husband’s children. Could that happen in Nebraska? We use a different system, called the elective share and “augmented estate,” but a TOD designation still may not be the last word if you’re married. Here’s how Nebraska treats TOD and POD accounts, what can be excluded, why the deadlines need early attention, and what to review if you’re planning in a second marriage.
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