A beneficiary of a spendthrift trust has no legal estate in the capital, principal or corpus of the trust estate unless under the terms of the trust the beneficiary or one deriving title from him or her is entitled to have it conveyed or transferred to him or her immediately or after a term of years or after a life, and in the meantime the income from the corpus is not to be paid to him or her or any other beneficiary.
[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.