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Personal Asset Planning for Retirement

Many Boomers are busy these days planning for retirement. Mostly, this involves calculating and manipulating various types of financial assets. In the process, don’t overlook your most valuable personal asset right now, and in retirement – You. A…
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What is a Gun Trust? (Why…

What is a Gun Trust? (Why you might need one)

In rural Nebraska, gun ownership is not a controversial issue. The vast majority of us not only own firearms, but also enjoy some type of recreational activity  involving guns. For this reason, estate planning in this area of the country typi…
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A Common Estate Planning Pitfall: Overlooking the difference between "designated property" and "probate/trust property"

Many people make the mistake of preparing a Will or Trust, signing these documents, and then closing their estate planning file…forever. Big mistake! Here is why. Your property passes to your heirs in only one of two ways: (1) by Designation,…
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Personal Property List: "Feel Good" Estate Planning

Consider preparing a Personal Property List to ensure that you leave certain property to certain people. Nebraska law provides for such a list if referenced in your Will (all Steffens Law Office Wills and Trusts include this reference). Such a d…
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From Here to E-ternity (What happens to your virtual stuff after you die)

  Consumers are spending an unprecedented amount buying things they will never actually touch. An estimated $4.5 billion for ebooks, last year alone. No doubt billions more was paid out for music, movies, and other stuff that exists only…
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Got a HCPOA? (Hint: Only 1 in 3 people have one)

HCPOA is the common acronym for Health Care Power of Attorney. This is a written document granting another person authority to make medical decisions for you. It can only used by your agent (the individual with Power of Attorney) in the event tha…
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Starting a Corporation or LLC? (Good Timing! It's Never Been Easier!)

We’ve developed a simple packet to help business owners quickly get their new legal entity up and running. Our “Business Entity Quick Start” package includes the following:  A detailed outline. It explains the advantages and disadvan…
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Are You Organized?

Maybe you have signed a Will or a Trust to create an estate plan. Perhaps you also have a property and/or health care powers of attorney. Good for you! But, will your Personal Representative or Trustee be able to find these and other important…