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Nevada Revised Statutes
Trusts
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Section
163.001
Definitions.
Section
163.002
Creation: Methods; certain property deemed trust property.
Section
163.003
Creation: Requirements.
Section
163.004
Creation: Terms; revocability; rules of construction.
Section
163.005
Creation: Consideration.
Section
163.006
Creation: Beneficiary.
Section
163.007
Validity of trust providing for one or more successor beneficiaries.
Section
163.008
Validity of trust created in relation to real property; recordation.
Section
163.009
Oral trust of personal property.
Section
163.0011
"Electronic record" defined.
Section
163.0013
"Electronic signature" defined.
Section
163.0015
"Electronic trust" defined.
Section
163.0016
"Nontestamentary trust" defined.
Section
163.0017
"Record" defined.
Section
163.0018
"Testamentary trust" defined.
Section
163.0019
Terms: "Writing" or "written."
Section
163.0075
Validity of trust providing for care of one or more animals.
Section
163.0095
Electronic trust.
Section
163.00185
"Trust instrument" defined.
Section
163.00187
Terms: "Execute" or "sign."
Section
163.00195
Enforcement of no-contest clauses; exceptions.
Section
163.010
Short title.
Section
163.020
Definitions.
Section
163.023
Powers of trustee.
Section
163.025
Combining or dividing certain trusts.
Section
163.026
Giving name to or changing name of certain trusts.
Section
163.027
Distribution of property or money of trust: Powers of trustee; manner; consent of affected beneficiaries required for distribution without proration under certain circumstances.
Section
163.030
Loan of money held in trust.
Section
163.040
Corporate trustee may deposit with self certain money held in trust.
Section
163.050
Trustee buying from or selling to self or affiliate.
Section
163.060
Trustee selling from one trust to self as trustee of another trust.
Section
163.070
Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized.
Section
163.080
Voting stock.
Section
163.090
Holding stock in name of nominee.
Section
163.100
Powers of trustee attached to office.
Section
163.110
Powers of cotrustees: Exercisable by majority if more than two cotrustees; liability of dissenting cotrustee; unanimous action required if only two cotrustees; petition of interested person.
Section
163.115
Removal of trustee; maintenance of proceeding for breach of trust by trustee; permissible purposes for maintenance of proceeding; penalties for not filing petition in good faith; nonexclusivity of remedies; method of commencing proceeding.
Section
163.117
Ex parte order restraining trustee from taking certain actions.
Section
163.120
Claims based on certain contracts or obligations: Assertion against trust; entry of judgment; notice; intervention; personal liability of trustee; significance of use of certain terms.
Section
163.130
Exoneration or reimbursement of trustee for tort.
Section
163.140
Commission of tort by trustee or predecessor: Prerequisites to suit and collection from trust property; plaintiff not required to prove certain matters; entry of judgment; notice; intervention; personal liability of trustee; nonalteration of certain existing law.
Section
163.145
Using power to appoint or distribute income to discharge own legal obligation prohibited.
Section
163.150
Withdrawal from mingled money of multiple trusts.
Section
163.160
Power of settlor; liability of trustee for breach of trust.
Section
163.170
Power of beneficiary.
Section
163.180
Power of court.
Section
163.185
Power of court to order termination and distribution of trust before time provided in trust instrument.
Section
163.187
Termination of trust when value of trust property insufficient to justify cost of administration.
Section
163.190
Penalty for violation of certain provisions of chapter.
Section
163.200
Uniformity of interpretation.
Section
163.220
Short title.
Section
163.230
Testamentary addition to trust.
Section
163.250
Uniformity of interpretation.
Section
163.260
Incorporation by reference of powers enumerated in NRS 163.265 to 163.410, inclusive; restriction on exercise of such powers.
Section
163.265
Retention of property.
Section
163.270
Sale, exchange or other disposition of property.
Section
163.275
Investments; reinvestments; delegation of authority to invest.
Section
163.280
Investments without diversification.
Section
163.285
Continuation of business.
Section
163.290
Formation of corporation, limited-liability company or other entity.
Section
163.295
Continuation of farming operation.
Section
163.300
Management of real property.
Section
163.305
Payment of taxes and expenses.
Section
163.310
Receipt of additional property.
Section
163.315
Dealing with other fiduciaries.
Section
163.320
Borrowing money; renewing existing loans.
Section
163.325
Advancing money.
Section
163.330
Voting shares.
Section
163.335
Registration in name of nominee.
Section
163.340
Exercise of options, rights and privileges.
Section
163.345
Participation in reorganization.
Section
163.350
Reduction of interest rate.
Section
163.355
Continuation of obligation.
Section
163.360
Foreclosure; bidding in property.
Section
163.365
Insurance.
Section
163.370
Collections.
Section
163.375
Litigation, compromise or abandonment of claim.
Section
163.380
Employment and compensation of persons.
Section
163.385
Acquisition and holding of property of two or more trusts undivided.
Section
163.390
Establishment and maintenance of reserves.
Section
163.395
Distribution in cash or kind.
Section
163.400
Payment to or for minor or incapacitated person.
Section
163.405
Apportionment or allocation of receipts and expenses.
Section
163.410
Execution of contract or other instrument.
Section
163.414
Definitions.
Section
163.415
"Distribution beneficiary" defined.
Section
163.416
"Remainder interest" defined.
Section
163.417
Limitations on actions of creditors and courts: Trust property not subject to trustee’s personal obligations; beneficial interests may not be transferred under certain circumstances.
Section
163.418
Clear and convincing evidence required to find settlor to be alter ego of trustee of irrevocable trust; certain factors insufficient for finding that settlor controls or is alter ego of trustee of irrevocable trust.
Section
163.419
Discretionary interest: Beneficiary does not have enforceable right to distribution; court review; trustee’s powers and duties.
Section
163.420
Short title.
Section
163.430
Declaration of policy.
Section
163.440
References to Internal Revenue Code.
Section
163.450
Definitions.
Section
163.460
"Charitable trust" defined.
Section
163.470
"Private foundation trust" defined.
Section
163.480
"Split interest trust" defined.
Section
163.490
"Trust" defined.
Section
163.500
"Trustee" defined.
Section
163.510
Applicability.
Section
163.520
Prohibited acts.
Section
163.530
Minimum distribution required.
Section
163.540
Amendment of trust instrument: Procedure.
Section
163.550
Amendment of trust instrument: Provision for termination of status as private foundation.
Section
163.551
Administration and enforcement; definitions.
Section
163.553
Definitions.
Section
163.554
"Fiduciary" defined.
Section
163.555
Action authorized upon incapacity or death of settlor.
Section
163.556
Circumstances under which trustee is authorized to appoint property of one testamentary trust or irrevocable trust to another trust.
Section
163.558
Authority of settlor to specify conditions.
Section
163.560
Irrevocable trust not to be construed as revocable.
Section
163.565
Effect of divorce or annulment of marriage of settlor on revocable inter vivos trust.
Section
163.567
Effect of divorce, annulment of marriage or termination of domestic partnership of descendant of settlor on former spouse or domestic partner of descendant.
Section
163.570
Powers of trustee concerning gifts made by surviving spouse of decedent.
Section
163.580
Duty of third person to ensure proper application of trust property.
Section
163.590
Disposition of trust property by reference to statement or list; requirements for admissibility of statement or list as evidence of intended disposition; uses of statement or list.
Section
163.600
Appointment of successor trustee under certain circumstances.
Section
163.610
Trustee authorized to include certain capital gains in distributable net income in certain circumstances.
Section
163.620
Admissibility of video recording or electronic record.
Section
163.4145
"Beneficial interest" defined.
Section
163.4147
"Beneficiary" defined.
Section
163.4155
"Distribution interest" defined.
Section
163.4157
"Power of appointment" defined.
Section
163.4165
"Reserved power" defined.
Section
163.4167
Common law.
Section
163.4175
Trustee not required to consider certain factors with regard to distribution of trust assets.
Section
163.4177
Factors which must not be considered exercising improper dominion or control over trust.
Section
163.4185
Classifications of distribution interests.
Section
163.4187
Support interest: Beneficiary has enforceable right to distribution; court review.
Section
163.5505
Creation; enforcement; requirements.
Section
163.5533
"Custodial account" defined.
Section
163.5535
"Custodial account owner" defined.
Section
163.5536
"Directing trust adviser" defined.
Section
163.5537
"Distribution trust adviser" defined.
Section
163.5539
"Excluded fiduciary" defined.
Section
163.5541
"Instrument" defined.
Section
163.5543
"Investment trust adviser" defined.
Section
163.5545
"Trust adviser" defined.
Section
163.5547
"Trust protector" defined.
Section
163.5548
Circumstances under which fiduciary is "directed fiduciary."
Section
163.5549
Limitations on liability of directed fiduciary.
Section
163.5551
Circumstances in which trust advisers are considered fiduciaries.
Section
163.5553
Powers of trust protector.
Section
163.5555
Trust protector and trust adviser: Submission to jurisdiction of courts of this State.
Section
163.5557
Powers of investment trust adviser and distribution trust adviser.
Section
163.5559
Claims of creditors against settlor.