LB 422 — Change provisions of the Nebraska Uniform Real Property Transfer on Death Act

LB422 LB422 2025 LEGISLATURELEGISLATIVE OFBILL NEBRASKA422 ONEApproved HUNDREDby NINTHthe LEGISLATUREGovernor FIRSTMay SESSION30, LEGISLATIVE2025 BILL 422 FINAL READING   Introduced by Storer, 43.

Read  firstA timeBILL JanuaryFOR 17,AN 2025ACT Committee:relating to the Nebraska Uniform Real Property Transfer on Death Act;

Judiciary A BILL FOR AN ACT relating to the Nebraska Uniform Real Property Transfer on Death Act;

Be it enacted by the people of the State of Nebraska, -1- LB422 LB422 2025 Section 1.

The designated beneficiary may also be personally liable, to the extent of the value of the property transferred, for claims against the estate, -2- LB422 LB422 2025 statutory allowances to the transferor's surviving spouse and children, and the expenses of administration to the extent needed to pay such amounts by the personal representative.

(d) Notwithstanding subsection (c) of this section, an action to set aside a transfer on death deed, based on failure to comply with the -3- LB422 LB422 2025 requirement of disinterested witnesses pursuant to section 76-3409, in which the transferor or, if there is more than one transferor, the last surviving transferor, has died prior to May 8, 2013, shall be commenced by the later of (1) ninety days after the date of death of the transferor or, if there is more than one transferor, ninety days after the date of death of the last surviving transferor, or (2) ninety days after May 8, 2013.

(a) (a) In addition to any other coverage provided under an insurance policy on real estate transferred pursuant to a transfer on death deed, the -1- LB422 LB422 2025 designated beneficiary shall be deemed to be an insured party under any property insurance policy for the period from the date of the transferor's death until the first to occur of:

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