Nebraska Revised Statutes
Neb. Rev. Stat. § 30-3830 (2026)
(UTC 404) Trust purposes
✓ current as of July 2026
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(UTC 404) A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 2009–2021 · leading case: In Re Est. of Hedke, 775 N.W.2d 13 (Neb. 2009).
In Re Est. of Hedke, 775 N.W.2d 13 (Neb. 2009). “[63] See, Restatement (Second), supra note 41, § 344; Restatement (Third), supra note 47, § 89. [64] See, Restatement (Third), supra note 60, § 42, comment b.”
In re Trust Created by McGregor, 308 Neb. 405 (Neb. 2021). “” The court held that because the beneficiaries offered no evidence to rebut the pre- sumption that the spendthrift provision was a material purpose of the trust, termination of the trust would frustrate a material purpose of the trust.”
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