Nebraska Inheritance Tax Update

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Nebraska Inheritance Tax Update

When Nebraskans inherit land or other property, they must pay inheritance taxes to the county where the property is located. LB310, just recently signed into law, reduces most inheritance taxes beginning in 2023.

Dave Aiken, UNL Extension water law and agricultural law specialist, discussed the impact of this new legislative bill on Nebraskans in a recent Center for Agricultural Profitability podcast.

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