1. If an attorney for a personal representative receives compensation pursuant to NRS 150.060 based on the value of the estate accounted for by the personal representative, the court may allow additional compensation for extraordinary services by the attorney for the personal representative in an amount the court determines is just and reasonable after petition, notice and hearing in the manner provided in NRS 150.060.
2. Extraordinary services by the attorney for a personal representative for which the court may allow compensation include extraordinary services performed by a paralegal under the direction and supervision of the attorney.
3. The petition requesting approval for compensation for extraordinary services must include the following information:
(a) Reference to time and hours;
(b) The nature and extent of services rendered;
(c) The complexity of the work required;
(d) The hours spent and services performed by a paralegal if the compensation includes extraordinary services performed by a paralegal as described in subsection 2; and
(e) Other information considered to be relevant to a determination of entitlement.
4. An attorney for a personal representative may agree to perform extraordinary services on a contingency fee basis if:
(a) There is a written agreement between the personal representative and the attorney that sets forth the manner in which the compensation is to be calculated and that is approved by the court after a hearing; and
(b) The court determines that the compensation provided in the agreement is just and reasonable and that the agreement will be to the advantage of the estate and is in the best interests of the persons interested in the estate.
5. Notice of a hearing required by subsection 4 must be given for the period and in the manner provided in NRS 155.010.
6. As used in this section, "extraordinary services" include, without limitation:
(a) Sales or mortgages of real or personal property;
(b) Operating a decedent’s business;
(c) Participating in litigation relating to the estate;
(d) Securing a loan to pay debts relating to the estate; and
(e) Preparing and filing income tax returns for the estate.
(Added to NRS by 2009, 1629)
Structure Nevada Revised Statutes
Chapter 150 - Compensation and Accounting
NRS 150.010 - Expenses and compensation of personal representative.
NRS 150.020 - General compensation.
NRS 150.025 - Compensation of personal representative who is an attorney.
NRS 150.030 - Compensation for extraordinary services.
NRS 150.040 - Contracts for higher compensation void.
NRS 150.050 - Allowance on compensation.
NRS 150.061 - Attorneys for personal representatives: Compensation for extraordinary services.
NRS 150.075 - Waiver of accounting.
NRS 150.080 - First account: Filing and contents.
NRS 150.100 - Penalties for failure to file first account.
NRS 150.105 - Annual account: Contents.
NRS 150.110 - Final account: Filing; penalties for failure to file.
NRS 150.115 - Supplementary account to final account.
NRS 150.120 - Accounting when authority of personal representative ceases.
NRS 150.140 - Revocation of letters when personal representative absconds and fails to account.
NRS 150.160 - Account and petition for settlement: Hearing and notice.
NRS 150.170 - Contest of account: Rights of interested person; hearing.
NRS 150.190 - Proof of notice necessary before allowance of account.
NRS 150.200 - Allowance and confirmation of account.
NRS 150.210 - Effect of order settling account.
NRS 150.250 - Claims not yet due and contingent or disputed claim.
NRS 150.260 - Liability of personal representative.
NRS 150.270 - Claim not included in order of payment.
NRS 150.280 - Closing administration.
NRS 150.310 - Proration of tax among persons interested in estate; exceptions.
NRS 150.320 - Direction for apportionment of estate tax: Precedence; limitation.
NRS 150.330 - Jurisdiction of court; methods of proration.
NRS 150.340 - Present and future estates: Charge of tax against corpus without apportionment.