Nebraska Revised Statutes

Neb. Rev. Stat. § 30-3882 (2026)

(UTC 817) Distribution upon termination

✓ current as of July 2026
Find cases: SyfertCases citing this section NE-LEGnebraskalegislature.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

(UTC 817) (a) Upon termination or partial termination of a trust, the trustee may send to the beneficiaries a proposal for distribution. The right of any beneficiary to object to the proposed distribution terminates if the beneficiary does not notify the trustee of an objection within thirty days after the proposal was sent but only if the proposal informed the beneficiary of the right to object and of the time allowed for objection.

(b) Upon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes.

(c) A release by a beneficiary of a trustee from liability for breach of trust is invalid to the extent:

(1) it was induced by improper conduct of the trustee; or

(2) the beneficiary, at the time of the release, did not know of the beneficiary's rights or of the material facts relating to the breach.

(d) The changes made to this section by Laws 2019, LB593, shall apply retroactively to August 30, 2015.

Notes of Decisions
Cited in 2 cases, 2009–2019 · 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). · cites it 2× “[58] Neb.Rev.Stat. § 30-3882(b) (Reissue 2008).”
In re Trust Created by Augustin, 27 Neb. Ct. App. 593 (Neb. Ct. App. 2019). “” § 30-3882(b). The county court concluded that pursuant to the express terms of the trusts, it is clear that all of the assets of the Trusts were to be distributed upon the death of Norval .”
— Neb. Rev. Stat. § 30-3882(b) — 2 cases
In Re Est. of Hedke, 775 N.W.2d 13 (Neb. 2009). “[58] Neb.Rev.Stat. § 30-3882(b) (Reissue 2008).”
In re Trust Created by Augustin, 27 Neb. Ct. App. 593 (Neb. Ct. App. 2019). “” § 30-3882(b). The county court concluded that pursuant to the express terms of the trusts, it is clear that all of the assets of the Trusts were to be distributed upon the death of Norval .”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.