π½ How to Set Up a Trust in Nebraska (2025 Guide)
For Nebraskans looking to pass down farmland, protect family assets, or avoid the costs and delays of probate, setting up a Revocable Living Trust is a smart move β and itβs easier than most people think. This guide walks you through how to create a trust in Nebraska legally, affordably, and without hiring a $3,000+ estate attorney.
10/27/20252 min read


π½ How to Set Up a Trust in Nebraska (2025 Guide)
For Nebraskans looking to pass down farmland, protect family assets, or avoid the costs and delays of probate, setting up a Revocable Living Trust is a smart move β and itβs easier than most people think.
This guide walks you through how to create a trust in Nebraska legally, affordably, and without hiring a $3,000+ estate attorney.
π What Is a Trust?
A trust is a legal agreement where you (the grantor) place assets under the control of a trustee for the benefit of one or more beneficiaries.
The most popular trust for Nebraska families is the Revocable Living Trust, which allows you to:
Avoid probate court
Stay in full control of your property while youβre alive
Ensure immediate transfer of assets after death
Keep your estate private
Plan for disability or long-term illness
β TrustGenie makes it simple to build, sign, and fund your trust β no legal background needed.
π How to Set Up a Trust in Nebraska
1. Choose Your Trust Type
Start with a Revocable Living Trust, which is:
Legal and enforceable under Nebraska law
Flexible while you're living
Ideal for Nebraska property, businesses, and personal assets
Optional add-ons (included with TrustGenie):
β Minorβs Trust
β Special Needs Trust
β Pet Trust
β Spendthrift Protection
β Dynasty/Legacy Clause
2. Assign Key Roles
β Grantor β You, the person creating the trust
β Trustee β Usually you, managing the trust assets during your lifetime
β Successor Trustee β Takes over when you become incapacitated or pass away
β Beneficiaries β Those who will inherit from the trust
β TrustGenie guides you in selecting and documenting all roles correctly.
3. List & Organize Your Assets
Include:
Nebraska farmland or real estate
Bank accounts and investment portfolios
LLCs or small business shares
Vehicles, equipment, valuables
Firearms, collections, livestock
Digital assets (e.g., crypto, domains, social accounts)
β Comes with Schedule A and General Assignment forms for easy asset inclusion.
4. Sign & Notarize Your Trust
In Nebraska:
Trusts should be signed and notarized for legal validity
Witnesses are not required
Your Successor Trustee should be notified and given a copy
β TrustGenie provides simple signing instructions.
5. Fund Your Trust
Many people skip this step β donβt!
β File a Quitclaim or Warranty Deed to move Nebraska real estate into the trust
β Update bank and investment accounts to show trust ownership
β Use a General Assignment to transfer personal property
β Transfer business interests, if any
β Update life insurance and retirement account beneficiaries if needed
π¨ If you donβt fund the trust, it wonβt help you avoid probate.
β οΈ Common Mistakes in Nebraska
β Creating the trust but forgetting to fund it
β Not transferring farm or rental properties
β Naming minor children without a subtrust
β Using a template not specific to Nebraska law
β Not giving copies to your Successor Trustee
π° How Much Does a Trust Cost in Nebraska?
Method Cost Range Attorney$2,500 β $6,000+ Online Template$100 β $400 TrustGenie$150/year (all-in)
β Includes Nebraska-specific forms, deeds, and funding tools.
π§ Do You Need a Lawyer to Create a Trust in Nebraska?
No. Nebraska allows any competent adult to:
Create a written trust
Assign a trustee and beneficiaries
Properly sign and notarize the document
Fund the trust with assets
β TrustGenie walks you through all of this affordably.
π Free Download: Nebraska Trust Setup Checklist
Need the step-by-step checklist version of this guide?
π₯ [Download the Nebraska Checklist] β plain text available on request.
β Ready to Set Up Your Nebraska Trust?
TrustGenie is helping Nebraska families protect their land, homes, and legacies β without wasting money on complicated legal fees.
π [Create Your Nebraska Trust β $150/year]
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