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Nebraska Revocable Living Trust Form

Nebraska Revocable Living Trust Form

Updated August 02, 2023

The Nebraska revocable living trust form is a legal document that places the Grantor’s assets into a trust. They will continue to benefit from said assets until their death or incapacitation at which point the estate will be distributed to named Beneficiaries. The main benefit of creating a revocable living trust is that the Beneficiaries will not need to undergo long and expensive probate of the Grantor’s estate. Furthermore, unlike a Will, a living trust details how the Grantor’s assets are to be handled if they should suddenly become incapacitated or unable to communicate. A Trustee is appointed to manage the assets of the trust. During their own lifetime, the Grantor can place themselves as Trustee and, with a revocable trust, can revoke or amend their trust at any time.

Laws – § 30-3854

How to Write

Step 1 – Download in PDFMicrosoft Word (.docx), or Open Document Text (.odt).

Step 2 – Begin filling out the form by providing the following information:

  • Grantor’s name
  • Date
  • Grantor’s name
  • Grantor’s mailing address
  • Trustee’s name
  • Trustee’s mailing address

Step 3 – Next, provide the name of the trust and indicate whether or not this document is for the creation of a new living trust.

Step 4 – Provide the details of any “Specific Distributions” that are to be made by the Trust by providing the names of the individual or organization and describing each item (Article 4, Section A).

Step 5 – In section “B,” select one of the checkboxes to indicate whether the Grantor’s personal property is to be distributed to the Beneficiaries or to a specific individual. If the latter is the case, provide the individual’s name, address, and SSN or TIN.

Step 6 – If the Grantor has any pets, you will need to complete section “C” by providing a name and address for a Pet Caretaker and an Alternate Pet Caretaker. If the Grantor has no pets, skip ahead to “Step 9.”

Step 7 – Indicate whether or not the Pet Caretaker will be allotted funding. If they will be, enter the amount of funding in US dollars and enter the amount of time that they are expected to care for the pet(s).

Step 8 – Next, enter the name and address of the appointed 3rd Party Enforcer, whose duty is to monitor the Pet Trust.

Step 9 – In section “D,” you can include up to four (4) Beneficiaries in the Trust by providing their names, their SSNs (or TINs), and their addresses.

Step 10 – Next, in “Article 10” provide the amount of time, in months or years, that a Beneficiary must wait before they may request an accounting of the Trust’s properties.

Step 11 – Beneath “Article 13” (Section A), provide the names and addresses of the appointed Successor Trustees.

Step 12 – In section “I,” indicate whether or not the Trustee will receive compensation for performing their duties.

Step 13 – On the next page, in “Article 15,” you will have to enter the number of days that must pass from Grantor’s death before anyone can benefit from or lay claim to the Trust.

Step 14 – At the bottom of the page, indicate whether or not the Grantor is married. If they are, provide the Grantor’s Spouse’s name into the indicated field.

On the next page, indicate whether the Grantor’s estate or the Spouse’s estate is to benefit in the event that neither party can be determined as the first to die.

Step 15 – (Article 18) If the Grantor has children, enter their names in the indicated field.

Step 16 – (Article 21) If the Grantor wishes to exclude anyone from the Trust, enter the names of these individuals and/or organizations in the provided space.

Step 17 – On page 17 of the Trust document, you will need to have the following signatures provided:

  • Grantor’s signature
  • Grantor’s printed name plus date of signing
  • Trustee’s signature
  • Trustee’s printed name plus date of signing
  • Successor Trustee’s signature
  • Successor Trustee’s printed name plus date of signing

Step 18 – Next, to complete the “Self-Proving Affidavit,” you will again need the following information and signatures entered in the appropriate fields:

  • State
  • County
  • Grantor’s signature plus the date
  • Trustee’s signature plus the date
  • Successor Trustee’s signature plus the date
  • 2nd Successor Trustee’s signature plus the date
  • Witness signature plus the date
  • 2nd Witness signature plus the date

Step 19 – The “Notary Acknowledgement” must be completed by a Notary Public in order to have the living trust notarized. However, while it is highly recommended to have this done, it is not required.

Step 20 – On the last page of the document, you will need to provide a list that describes all of the property and assets which are to be put into the Trust.