Nevada Revised Statutes
Chapter 163 - Trusts
NRS 163.010 - Short title.

Nevada Revised Statutes

Chapter 163 - Trusts

NRS 163.001 - Definitions.

NRS 163.0011 - "Electronic record" defined.

NRS 163.0013 - "Electronic signature" defined.

NRS 163.0015 - "Electronic trust" defined.

NRS 163.0016 - "Nontestamentary trust" defined.

NRS 163.0017 - "Record" defined.

NRS 163.0018 - "Testamentary trust" defined.

NRS 163.00185 - "Trust instrument" defined.

NRS 163.00187 - Terms: "Execute" or "sign."

NRS 163.0019 - Terms: "Writing" or "written."

NRS 163.00195 - Enforcement of no-contest clauses; exceptions.

NRS 163.002 - Creation: Methods; certain property deemed trust property.

NRS 163.003 - Creation: Requirements.

NRS 163.004 - Creation: Terms; revocability; rules of construction.

NRS 163.005 - Creation: Consideration.

NRS 163.006 - Creation: Beneficiary.

NRS 163.007 - Validity of trust providing for one or more successor beneficiaries.

NRS 163.0075 - Validity of trust providing for care of one or more animals.

NRS 163.008 - Validity of trust created in relation to real property; recordation.

NRS 163.009 - Oral trust of personal property.

NRS 163.0095 - Electronic trust: Requirements; conversion into certified paper original; destruction of electronic record.

NRS 163.010 - Short title.

NRS 163.020 - Definitions.

NRS 163.023 - Powers of trustee.

NRS 163.025 - Combining or dividing certain trusts.

NRS 163.026 - Giving name to or changing name of certain trusts.

NRS 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.

NRS 163.030 - Loan of money held in trust.

NRS 163.040 - Corporate trustee may deposit with self certain money held in trust.

NRS 163.050 - Trustee buying from or selling to self or affiliate.

NRS 163.060 - Trustee selling from one trust to self as trustee of another trust.

NRS 163.070 - Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized.

NRS 163.080 - Voting stock.

NRS 163.090 - Holding stock in name of nominee.

NRS 163.100 - Powers of trustee attached to office.

NRS 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.

NRS 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 proceedi...

NRS 163.117 - Ex parte order restraining trustee from taking certain actions.

NRS 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.

NRS 163.130 - Exoneration or reimbursement of trustee for tort.

NRS 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; nonalterati...

NRS 163.145 - Using power to appoint or distribute income to discharge own legal obligation prohibited.

NRS 163.150 - Withdrawal from mingled money of multiple trusts.

NRS 163.160 - Power of settlor; liability of trustee for breach of trust.

NRS 163.170 - Power of beneficiary.

NRS 163.180 - Power of court.

NRS 163.185 - Power of court to order termination and distribution of trust before time provided in trust instrument.

NRS 163.187 - Termination of trust when value of trust property insufficient to justify cost of administration.

NRS 163.190 - Penalty for violation of certain provisions of chapter.

NRS 163.200 - Uniformity of interpretation.

NRS 163.220 - Short title.

NRS 163.230 - Testamentary addition to trust.

NRS 163.250 - Uniformity of interpretation.

NRS 163.260 - Incorporation by reference of powers enumerated in NRS 163.265 to 163.410, inclusive; restriction on exercise of such powers.

NRS 163.265 - Retention of property.

NRS 163.270 - Sale, exchange or other disposition of property.

NRS 163.275 - Investments; reinvestments; delegation of authority to invest.

NRS 163.280 - Investments without diversification.

NRS 163.285 - Continuation of business.

NRS 163.290 - Formation of corporation, limited-liability company or other entity.

NRS 163.295 - Continuation of farming operation.

NRS 163.300 - Management of real property.

NRS 163.305 - Payment of taxes and expenses.

NRS 163.310 - Receipt of additional property.

NRS 163.315 - Dealing with other fiduciaries.

NRS 163.320 - Borrowing money; renewing existing loans.

NRS 163.325 - Advancing money.

NRS 163.330 - Voting shares.

NRS 163.335 - Registration in name of nominee.

NRS 163.340 - Exercise of options, rights and privileges.

NRS 163.345 - Participation in reorganization.

NRS 163.350 - Reduction of interest rate.

NRS 163.355 - Continuation of obligation.

NRS 163.360 - Foreclosure; bidding in property.

NRS 163.365 - Insurance.

NRS 163.370 - Collections.

NRS 163.375 - Litigation, compromise or abandonment of claim.

NRS 163.380 - Employment and compensation of persons.

NRS 163.385 - Acquisition and holding of property of two or more trusts undivided.

NRS 163.390 - Establishment and maintenance of reserves.

NRS 163.395 - Distribution in cash or kind.

NRS 163.400 - Payment to or for minor or incapacitated person.

NRS 163.405 - Apportionment or allocation of receipts and expenses.

NRS 163.410 - Execution of contract or other instrument.

NRS 163.414 - Definitions.

NRS 163.4145 - "Beneficial interest" defined.

NRS 163.4147 - "Beneficiary" defined.

NRS 163.415 - "Distribution beneficiary" defined.

NRS 163.4155 - "Distribution interest" defined.

NRS 163.4157 - "Power of appointment" defined.

NRS 163.416 - "Remainder interest" defined.

NRS 163.4165 - "Reserved power" defined.

NRS 163.4167 - Common law.

NRS 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.

NRS 163.4175 - Trustee not required to consider certain factors with regard to distribution of trust assets.

NRS 163.4177 - Factors which must not be considered exercising improper dominion or control over trust.

NRS 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.

NRS 163.4185 - Classifications of distribution interests.

NRS 163.4187 - Support interest: Beneficiary has enforceable right to distribution; court review.

NRS 163.419 - Discretionary interest: Beneficiary does not have enforceable right to distribution; court review; trustee’s powers and duties.

NRS 163.420 - Short title.

NRS 163.430 - Declaration of policy.

NRS 163.440 - References to Internal Revenue Code.

NRS 163.450 - Definitions.

NRS 163.460 - "Charitable trust" defined.

NRS 163.470 - "Private foundation trust" defined.

NRS 163.480 - "Split interest trust" defined.

NRS 163.490 - "Trust" defined.

NRS 163.500 - "Trustee" defined.

NRS 163.510 - Applicability.

NRS 163.520 - Prohibited acts.

NRS 163.530 - Minimum distribution required.

NRS 163.540 - Amendment of trust instrument: Procedure.

NRS 163.550 - Amendment of trust instrument: Provision for termination of status as private foundation.

NRS 163.5505 - Creation; enforcement; requirements.

NRS 163.551 - Administration and enforcement; definitions.

NRS 163.553 - Definitions.

NRS 163.5533 - "Custodial account" defined.

NRS 163.5535 - "Custodial account owner" defined.

NRS 163.5536 - "Directing trust adviser" defined.

NRS 163.5537 - "Distribution trust adviser" defined.

NRS 163.554 - "Fiduciary" defined.

NRS 163.5541 - "Instrument" defined.

NRS 163.5543 - "Investment trust adviser" defined.

NRS 163.5545 - "Trust adviser" defined.

NRS 163.5547 - "Trust protector" defined.

NRS 163.5548 - Circumstances under which fiduciary is "directed fiduciary."

NRS 163.5549 - Limitations on liability of directed fiduciary.

NRS 163.555 - Action authorized upon incapacity or death of settlor.

NRS 163.5551 - Circumstances in which trust advisers are considered fiduciaries.

NRS 163.5553 - Powers of trust protector.

NRS 163.5555 - Trust protector and trust adviser: Submission to jurisdiction of courts of this State.

NRS 163.5557 - Powers of investment trust adviser and distribution trust adviser.

NRS 163.5559 - Claims of creditors against settlor.

NRS 163.556 - Circumstances under which trustee is authorized to appoint property of one testamentary trust or irrevocable trust to another trust.

NRS 163.557 - Circumstances under which trustee is authorized to reimburse settlor for tax on trust income or principal.

NRS 163.558 - Authority of settlor to specify conditions.

NRS 163.560 - Irrevocable trust not to be construed as revocable.

NRS 163.565 - Effect of divorce or annulment of marriage of settlor on revocable inter vivos trust.

NRS 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.

NRS 163.570 - Powers of trustee concerning gifts made by surviving spouse of decedent.

NRS 163.580 - Duty of third person to ensure proper application of trust property.

NRS 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.

NRS 163.600 - Appointment of successor trustee under certain circumstances.

NRS 163.610 - Trustee authorized to include certain capital gains in distributable net income in certain circumstances.

NRS 163.620 - Admissibility of video recording or electronic record.