Nebraska Court Rules Tax Apportionment Provisions Trump State Law
In Shaddick v. Hessler, 316 Neb. 600 (May 10, 2024), the Nebraska Supreme Court decided that explicit tax apportionment provisions in a decedent’s revocable trust trumped the state law rule that all beneficiaries proportionally share in the inheritance tax burden. Michael Hessler established a revocable trust as part of his initial estate plan. Later, he
