Meet Patrick D. Timmer

Attorney at Law

Licensed in Nebraska and South Dakota 

Patrick is a co-founder of Endacott Timmer and has been serving the Lincoln community for more than 25 years. He works closely with clients to ensure that their present and future personal, financial, and philanthropic objectives are accomplished in the most tax-efficient way. He assists clients in achieving these objectives via fundamental estate planning, such as wills, trusts, healthcare powers of attorney, durable powers of attorney, and through complicated asset transfer and company succession planning. He represents individuals in all aspects of wealth transfer planning, including advanced planning techniques, business succession planning and estate planning for complex assets such as business interests, retirement accounts, real estate and life insurance.

Patrick is admitted to the U.S. Tax Court and has successfully represented clients on tax controversy matters. He was also part of a committee appointed by the legislature to study and recommend changes to the Nebraska Uniform Trust Code, and later spoke extensively on trust laws to other lawyers and judges.

Patrick was named the Best Lawyers® 2023 Trusts and Estates “Lawyer of the Year” in Lincoln. He is a fellow of the American College of Trust and Estate Counsel (ACTEC). Patrick also has the highest Martindale-Hubbell rating for legal ability and ethics, known as an AV rating, as an attorney.

Patrick belongs to the Nebraska Bar Foundation and the Nebraska Bar Association as a fellow. He participates with the Pius X Foundation, the People’s City Mission, and Lincoln Estate Planning Counsel.

After graduating from law school, Pat decided to stay in Lincoln because he enjoyed the warmer weather, Husker sports, and he also met his wife. In his free time, he enjoys spending time with family and friends, game bird hunting with his three Vizslas and cycling.

 

Education

South Dakota State University

University of Nebraska College of Law

Insights

FinCEN Permanently Ends Beneficial Ownership Reporting Requirements for Millions of Small Business Owners; Will Delete Information Previously Reported by U.S. Persons

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a final rule that permanently removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate...

When Irrevocable Trusts Aren’t: Lessons from Two Divorce Courts

Two recent divorce cases highlight critical risks for irrevocable trusts when spouses retain excessive control or fail to ensure informed consent. In C.S. v. R.H.1, a New York court included $110+ million in irrevocable trusts in the marital estate after finding the...

Department of Treasury Not Enforcing BOI Reporting Requirements Under the CTA

Recent litigation and regulatory action have significantly narrowed the scope of required reporting and have—for now—exempted U.S.-based entities from the requirement.

The Corporate Transparency Act

Read Patrick Timmer’s original, extensive article about the CTA: What kinds of companies are reporting companies? What information must be reported? Who are “beneficial owners”…

Areas of Practice

Estate/Wealth Transfer Planning

Estate and Trust Administration

Tax Law

Want to work with Patrick D. Timmer?

If you’d like to meet and talk with Patrick, contact us and we will gladly arrange a time for you to meet.

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