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 & Agricultural Law Specialist, discusses the changes that will be brought by the law.
Read more at https://cap.unl.edu/policy-legal/nebraska-inheritance-tax-update.