Spear v. Norwest Bank Nebraska, N.A.

In closing the estate of Thomas J. Reading, deceased, the county court for Douglas County ordered the personal representative to transfer five promissory notes from the estate to a revocable trust which was in existence at the time of Reading’s death. Paula Spear, one of Reading’s two surviving adult children and the maker of the promissory notes, and Katherine Reading (Katherine), his surviving spouse, perfected this timely appeal from that order. Spear and Katherine argue that the notes were not assets of the estate because an action upon them would be barred by the applicable statute of…