Homestead Protection

The Homestead exemption is $12,500; this real property exemption is limited to two lots within a city or town and 160 acres elsewhere.  To see this statute, click here.

Life Insurance and Annuities

Proceeds, cash values, and benefits accruing under an annuity policy or policy of life insurance are exempt.  This exemption is limited to an aggregate value of $100,000 for all matured and unmatured life insurance policies.  To see this statute, click here.

Corporate Protection

Charging Orders

Under the Nebraska Uniform Limited Partnership Act, a judgment creditor may charge a debtor-partner’s partnership interest with payment of any unsatisfied debt with interest.  To the extent charged, the judgment creditor will receive only the rights of an assignee of the debtor-partner’s partnership interest.  To see this section of the statute, click here.

Under the Uniform Partnership Act, a judgment creditor may charge the debtor-partner’s partnership interest with payment of a judgment debt with interest.  To see this section of the statute, click here.

Business Acts

1.      Nebraska Business Corporation Act

a.      To view this Act, click here.

2.      Nebraska Uniform Limited Partnership Act

a.      To view this Act, click here.

3.      Uniform Partnership Act

a.      To view this Act, click here.

4.      Uniform Limited Partnership Act

a.       To view this Act, click here.

The Asset Protection Society makes every attempt to keep the material on its web-pages up to date and accurate. Having said that, The APS does not warrant the material on this site and you should ALWAYS seek out the advice of a local advisor in your state who can give you individual advice for your particular situation and confirm the status of your state laws.