Pub. 4 2022 Issue 2

In most cases, estate plan documents (e.g., wills, trusts, and powers of attorneys) are prepared and executed under inconspicuous circumstances. Sometimes the circumstances under which these types of documents are executed beg questions about their validity, and legal disputes can arise. The most common bases on which to challenge the validity of estate plan documents include (i) “undue influence” of the person executing the documents by a third party, (ii) a lack of capacity to execute such documents, and (iii) fraud. In any event, challenging the validity of estate plan documents requires an in-depth and fact-specific analysis.

It is never a good time to hear you and/or your firm are the subject of civil litigation after providing professional services to clients; however, you should understand what you need to do should you find yourself in this undesirable situation.

Position yourself and your organization for success by attending one or more of the following Nebraska Society of CPAs’ conferences. Learn more and register today! Click on Conferences at nescpa.org/cpe.

With spring comes warmer weather, blossoming flowers, the start of golf season, and the end of another tax season. It’s a time of growth and renewal!

Spring also brings the start of our new fiscal year and the annual renewal of your Nebraska Society of CPAs’ membership. We hope you continue to look to the Society as your No. 1 resource for education, information, and legislative representation—and that you encourage your co-workers and peers to do the same. Paying your membership dues may be completed in just a few clicks at www.nescpa.org/my-cpa/dues.