Provision for the beneficiary will extend to all of the income from the trust estate, devoted for that purpose by the creator of the trust, without exception or deduction, other than for:
1. Costs or fees regularly earned, paid or incurred by the trustee for administration of or protection of the trust estate;
2. Taxes on the same; or
3. Taxes on the interest of the beneficiary thereof.
[Part 5:86:1939; 1931 NCL § 6880.04]
Structure Nevada Revised Statutes
Chapter 166 - Spendthrift Trusts
NRS 166.015 - Applicability of chapter; requirement of trustee if settlor is beneficiary of trust.
NRS 166.018 - "Settlor" defined.
NRS 166.020 - "Spendthrift trust" defined.
NRS 166.025 - Terms: "Writing" or "written."
NRS 166.045 - Powers of settlor.
NRS 166.050 - No specific language necessary for creation of trust.
NRS 166.070 - Principles enumerated in NRS 166.080 to 166.150, inclusive.
NRS 166.080 - Beneficiaries to be named.
NRS 166.090 - Provision for support.
NRS 166.110 - Discretion of trustee.
NRS 166.120 - Restraints on alienation; exclusive jurisdiction of court.
NRS 166.130 - Legal estate of beneficiary in corpus.
NRS 166.150 - Accumulation of income.
NRS 166.160 - Settlor may make different provisions.
NRS 166.180 - Trust administered under laws of another state or foreign jurisdiction.