Prenuptial Agreements – Get the Facts!
Usually, we hear the words, “prenuptial agreement”, and we have a bad taste in our mouth. This does not need to be the case. Prenuptial and Premarital Agreements can protect both parties by allocating certain rights between the parties for estate planning and the possibility of a future divorce. The following are some situations that prenuptial agreements should be considered:
1. When one partner has a much higher income and/or state of wealth.
2. When one partner has a much higher debt load.
3. When you own a business.
4. When you have family assets or a family business or farm.
5. When you have children from a previous relationship or marriage.
If you believe that you would benefit from legal advice about prenuptial agreements, contact us.
John McHenry and Brad Roth selected as Super Lawyers
Super Lawyers is an organization that selects attorneys using a rigorous, multiphase process. Peer nominations and evaluations are combined with third-party research and each candidate is evaluated on 12 indicators of peer recognition and professional achievement. The objective is to create a credible, comprehensive and diverse listing of outstanding attorneys that can be used as a resource for attorneys and consumers searching for legal representation.
John McHenry and Brad Roth have been nominated and selected based on evaluations of their professional achievements, community service, honors, awards, and certificates as well as peer evaluation to be 2011 Great Plains Super Lawyers. Only 5% of the attorneys in the state are named on this list.
Congratulations John McHenry and Brad Roth!
To learn more about Super Lawyers visit their website.
Sheri Burkholder Was Guest Professor.
Sheri Burkholder was a guest speaker the Entrepreneurship Management Class at the University of Nebraska – Lincoln on October 4, 2011. She provided an overview on business entities in Nebraska and legal issues that small businesses encounter.
POWERS OF ATTORNEY
Life is what happens to you when you had other plans!
Provided by YP.com Posted by grannyjanny52 on 09/21/2010
Life is what happens to you when you had other plans! I never anticipated that I would be needing Social Security Disability benefits at my age and had been reluctant to apply. When my doctors finally had a firm diagnosis and made the suggestion, I reluctantly began the application process. I was denied the normal 2 times before contacting Mr. Haszard at this firm. Mr. Haszard had been recommended by two separate sources that I trusted very much. When my case was accepted, Mr. Haszard and his assistant, Corinne, took all the struggle and worry away from me as they went into action. I anticipated a two year wait so relaxed and concentrated on dealing with my illness. To my surprise, I received a call 10 months later that my application had been approved. Within days, I had received my first payment and all has gone well since. I cannot recommend this firm enough. They were upfront, honest, and realistic and they followed through as they promised. Most of all, they did this in a kind and caring manner at a time when I needed it most. I will not hesitate to return to this firm if a need arises.
Chris Blomenberg is President of Meadowlark Music Festival
CHRIS BLOMENBERG IS PRESIDENT OF MEADOWLARK MUSIC FESTIVAL
Called “the Festival to Watch” by Chamber Music America, Meadowlark Music Festival was founded in 2001 by Ann Chang Barnes, Artistic Director at the Lied Center for Performing Arts and Artist in Residence as well as Director of the Art’s Entrepreneurship Program at the University of Nebraska – Lincoln. With the assistance of Board of Directors President – Chris Blomenberg, Executive Director -Tamara Cass, an active and working Board of Directors, and widespread community and foundation support, Meadowlark is now celebrating its 11th year of classical music performances.
Federal Estate and Gift Taxes
What the Relief means in 2011 and 2012:
1. The first $5,000,000.00 of the value of each estate is exempt from Federal Estate Tax.
2. There is a cost of living adjustment that could increase the $5,000,000.00 exempt value in 2012.
3. Surviving spouse may be able to use the unused exclusion amount of their deceased spouse (Would be able to use full $10,000,000.00 exemption between the two estates).
4. Maximum Estate tax rate is 35%.
5. Restores the basis of estate assets to date of death values.
6. Gift tax exclusion amount will also be $5,000,000.00 and the gift tax rate will be 35%.
7. Will be able to use the exclusion when figuring either gift taxes or estate taxes.
In 2013 we go back to a $1,000,000.00 exemption, a top rate of 55% and more drama.
Lincoln Journal Star article quoting John McHenry
Read about John McHenry in recent article published in the Lincoln Journal Star on January 13, 2011.
A citizens committee recommended that proceeds from the sale of the county-owned nursing home, Lancaster Manor, be used to assist the county’s low-income elderly.
