Does survivorship avoid court proceedings?
• Not entirely. Property held in a survivorship which meets the tests of Nebraska law does not need to undergo regular probate in Nebraska. However, such ownership does not al-ways avoid court proceedings. Although the property belongs to the survivor(s), it may still be subject to state inheritance and estate taxes and federal estate tax. State inheritance taxis determined by a special proceeding in the county court. Property which is owned in joint tenancy by a person and his or her spouse (and by no other party) passes to the surviving spouse without an inheritance tax determination, provided the deceased spouse has died after January 1, 1983.
