Nev. Rev. Stat. § 159.081 — NV Code / Title 13 / Chapter 159 / Section 159.081
Reports by guardian of person; waiver of requirement
Status: in_force

1. A guardian of the person shall make and file in the guardianship proceeding for review of the court a written report on the condition of the protected person and the exercise of authority and performance of duties by the guardian: (a) Annually, not later than 60 days after the anniversary date of the appointment of the guardian; (b) Within 10 days of moving a protected person to a secured residential long-term care facility; and (c) At such other times as the court may order.

2. A report filed pursuant to paragraph (b) of subsection 1 must: (a) Include a copy of the written recommendation upon which the transfer was made; and (b) Except as otherwise provided in subsection 6, be served, without limitation, on the protected person and any attorney for the protected person.

3. The court may prescribe the form for filing a report described in subsection 1. Such a report must include, without limitation: (a) The physical condition of the protected person; (b) The place of residence of the protected person; (c) The name of all other persons living with the protected person unless the protected person is residing at a secured residential long-term care facility, group home, supportive living facility, home in which supported living arrangement services are provided, assisted living facility or other facility for long-term care; and (d) Any other information required by the court.

4. The guardian of the person shall give to the guardian of the estate, if any, a copy of each report not later than 30 days after the date the report is filed with the court.

5. The court is not required to hold a hearing or enter an order regarding the report.

6. The court may waive the requirement set forth in paragraph (b) of subsection 2 that a report filed pursuant to paragraph (b) of subsection 1 must be served on a protected person upon a showing that such service is detrimental to the physical or mental health of the protected person.

7. As used in this section: (a) “ Facility for long-term care ” has the meaning ascribed to it in NRS 427A.028 . (b) “ Supported living arrangement services ” has the meaning ascribed to it in NRS 435.3315 .
Nev. Rev. Stat. § 159.1425 — NV Code / Title 13 / Chapter 159 / Section 159.1425
Notice of sale of real property of protected person: When required; manner of providing; waiver; content
Status: in_force

1. Except as otherwise provided in this section and except for a sale pursuant to NRS 159.123 or 159.142 , a guardian may sell the real property of a protected person only after the court grants authority for the sale pursuant to NRS 159.113 and notice of the sale is published: (a) In a newspaper that is published in the county in which the property, or some portion of the property, is located; (b) If a newspaper is not published in the county in which the property, or some portion of the property, is located: (1) In a newspaper of general circulation in the county; or (2) In such other newspaper as the court orders; or (c) On a public property listing service for a period of not less than 30 days.

2. Except as otherwise provided in this section and except for a sale of real property pursuant to NRS 159.123 or 159.142 , the notice of a sale must be published pursuant to paragraph (a) or (b) of subsection 1 not less than three times before the date on which the sale may be made, over a period of 14 days and 7 days apart.

3. For good cause shown, the court may order fewer publications and shorten the time of notice, but must not shorten the time of notice to less than 8 days.

4. The court may waive the requirement of publication pursuant to this section if: (a) The guardian is the sole devisee or heir of the estate; or (b) All devisees or heirs of the estate consent to the waiver in writing.

5. Publication for the sale of real property is not required pursuant to this section if the property to be sold is reasonably believed to have a net value of $10,000 or less. In lieu of publication, the guardian shall post notice of the sale in three of the most public places in the county in which the property, or some portion of the property, is located for at least 14 days before the date on or after which an offer will be accepted for a sale.

6. Any notice published or posted pursuant to this section must include, without limitation: (a) A description of the real property which reasonably identifies the property to be sold; and (b) The date, time and location on or after which an offer will be accepted.
Nev. Rev. Stat. § 159A.146 — NV Code / Title 13 / Chapter 159A / Section 159A.146
Hearing to confirm sale of real property: Considerations; conditions for confirmation; actions of court if sale is not confirmed; continuance; circumstances in which sale is confirmed without bidding
Status: in_force

1. At the hearing to confirm the sale of real property, the court shall: (a) Consider whether the sale is necessary or in the best interest of the estate of the protected minor; and (b) Examine the return on the investment and the evidence submitted in relation to the sale.

2. The court shall confirm the sale and order conveyances to be executed if it appears to the court that: (a) Good reason existed for the sale; (b) The sale was conducted in a legal and fair manner; (c) The amount of the offer is not disproportionate to the value of the property; and (d) It is unlikely that a bid would be made which exceeds the original offer: (1) By at least 5 percent if the offer is less than $100,000; or (2) By at least $5,000 if the offer is $100,000 or more.

3. The court shall not confirm the sale if the conditions in this section are not satisfied.

4. If the court does not confirm the sale, the court: (a) May order a new sale; or (b) May conduct a public auction in open court.

5. If the court orders a new sale: (a) Notice must be given in the manner set forth in NRS 159A.1425 ; and (b) The sale must be conducted in all other respects as though no previous sale has taken place.

6. If a higher offer is received by the court during the hearing to confirm the sale, the court may continue the hearing if the court determines that the person who made the offer being confirmed was not notified of the hearing and may wish to increase the price of his or her offer. This subsection does not grant a right to a person to have a continuance granted and may not be used as a ground to set aside an order confirming a sale.

7. Except as otherwise provided in this section, only the name of the buyer and the price of the sale may be changed at a public auction in open court. An order confirming the sale is sufficient as an addendum to the original contract to allow escrow to close.

8. The title company may be changed at a public auction in open court if the estate and the buyer have mutually agreed to the change in writing.

9. The date of the close of escrow must be at least 10 judicial days after the date that the notice of the entry of order confirming the sale is filed with the clerk of the court unless the contract specifies a later date. The parties to the sale may extend the date of the close of escrow by mutual agreement in writing.

10. If the estate owes more than the value of the property and the estate has made an agreement with all lienholders to accept the sale price and waive any deficiency between the sale price and the amount owed to all lienholders, the sale must be confirmed without the potential for bidding in court. All other portions of the confirmation of sale must be adhered to. The valuation by the bank shall be deemed to be sufficient to meet the appraisal requirement for the sale, and the date of the sale is the date on which the bank approves the sale.
Nev. Rev. Stat. § 159.1657 — NV Code / Title 13 / Chapter 159 / Section 159.1657
Hearing on petition; court order; recording of court order
Status: in_force

1. At the time appointed and if the court finds that due notice of the hearing concerning an agreement has been given, the court shall hear a petition filed pursuant to NRS 159.1653 and any objection to the petition that is filed or presented.

2. After the hearing, if the court is satisfied that the agreement will be to the advantage of the estate of the protected person, the court: (a) Shall order the guardian to enter into the agreement; and (b) May prescribe in the order the terms and conditions of the agreement.

3. A certified copy of the court order must be recorded in the office of the county recorder of each county in which the property affected by the agreement, or any portion of the property, is located.
Nev. Rev. Stat. § 159.101 — NV Code / Title 13 / Chapter 159 / Section 159.101
Exercising rights under stock ownership of protected person
Status: in_force

1. A guardian of the estate may exercise the rights of the protected person which accrue pursuant to the ownership of the protected person of common or preferred stock, including, but not limited to, the right to: (a) Vote for officers or directors; (b) Approve or disapprove mergers or consolidations; (c) Exercise stock options; (d) Appoint proxies; (e) Consent to dissolutions; and (f) Exercise all rights which the protected person might exercise, if legally qualified, regarding the management of the corporation. If the stock owned by the protected person in a corporation exceeds 20 percent of the total issued and outstanding stock having voting rights, the guardian must have prior approval of the court to consent to any merger, consolidation or dissolution of the corporation or the sale or encumbrance of its assets where the consent of the stockholders is required by law.

2. Whenever the estate of a protected person includes corporate stock, the guardian may hold it in the name of a nominee without mention of the guardianship in the stock certificate, if any, or the stock registration books, if: (a) The guardian's records and all reports or accounts rendered by the guardian clearly show the ownership of the stock by the estate of the protected person and the facts regarding its holding; and (b) The nominee deposits with the guardian a signed statement showing ownership of the stock by the estate of the protected person, endorses any stock certificate in blank and does not have possession of the stock certificate or access to the certificate except under the immediate supervision of the guardian.

3. The guardian is personally liable for any loss to the estate of the protected person resulting from any act of the nominee in connection with stock held pursuant to subsection 2.
Nev. Rev. Stat. § 162A.540 — NV Code / Title 13 / Chapter 162A / Section 162A.540
Insurance and annuities
Status: in_force

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to insurance and annuities authorizes the agent to:

1. Continue, pay the premium or make a contribution on, modify, exchange, rescind, release or terminate a contract procured by or on behalf of the principal which insures or provides an annuity to either the principal or another person, whether or not the principal is a beneficiary under the contract;

2. Procure new, different and additional contracts of insurance and annuities for the principal and the principal's spouse, children and other dependents, select the amount, type of insurance or annuity, and mode of payment and name one or more beneficiaries in accordance with the principal's established estate plan and any restrictions to designate beneficiaries contained within the power of attorney;

3. Pay the premium or make a contribution on, modify, exchange, rescind, release or terminate a contract of insurance or annuity procured by the agent;

4. Apply for and receive a loan secured by a contract of insurance or annuity;

5. Surrender and receive the cash surrender value on a contract of insurance or annuity;

6. Exercise an election;

7. Exercise investment powers available under a contract of insurance or annuity;

8. Change the manner of paying premiums on a contract of insurance or annuity;

9. Change or convert the type of insurance or annuity with respect to which the principal has or claims to have authority described in this section;

10. Apply for and procure a benefit or assistance under a statute or regulation to guarantee or pay premiums of a contract of insurance on the life of the principal;

11. Collect, sell, assign, hypothecate, borrow against or pledge the interest of the principal in a contract of insurance or annuity;

12. Select the form and timing of the payment of proceeds from a contract of insurance or annuity; and

13. Pay, from proceeds or otherwise, compromise or contest, and apply for refunds in connection with, a tax or assessment levied by a taxing authority with respect to a contract of insurance or annuity or its proceeds or liability accruing by reason of the tax or assessment.
Nev. Rev. Stat. § 159A.077 — NV Code / Title 13 / Chapter 159A / Section 159A.077
General functions of guardian of person and estate
Status: in_force

A guardian of the person and estate has the authority and shall perform the duties as provided by law for a guardian of the person and a guardian of the estate.
Nev. Rev. Stat. § 163.390 — NV Code / Title 13 / Chapter 163 / Section 163.390
Establishment and maintenance of reserves
Status: in_force

1. A fiduciary may: (a) Set up proper and reasonable reserves for taxes, assessments, insurance premiums, depreciation, obsolescence, amortization, depletion of mineral or timber properties, repairs, improvements and general maintenance of buildings or other property out of rents, profits or other income received; and (b) Set up reserves also for the equalization of payments to or for beneficiaries.

2. The provisions of this section shall not affect the ultimate interests of beneficiaries in such reserves.
Nev. Rev. Stat. § 159.1465 — NV Code / Title 13 / Chapter 159 / Section 159.1465
Conveyance of real property of guardianship estate to purchaser upon confirmation of sale by court
Status: in_force

1. If the court confirms a sale of real property of a guardianship estate, the guardian shall execute a conveyance of the property to the purchaser.

2. The conveyance must include a reference to the court order confirming the sale, and a certified copy of the court order must be recorded in the office of the recorder of the county in which the property, or any portion of the property, is located.

3. A conveyance conveys all the right, title and interest of the protected person in the property on the date of the sale, and if, before the date of the sale, by operation of law or otherwise, the protected person has acquired any right, title or interest in the property other than or in addition to that of the protected person at the time of the sale, that right, title or interest also passes by the conveyance.
Nev. Rev. Stat. § 163.395 — NV Code / Title 13 / Chapter 163 / Section 163.395
Distribution in cash or kind
Status: in_force

1. A fiduciary may: (a) Make distribution of capital assets of the estate or trust in kind or in cash, or partially in kind and partially in cash, in divided or undivided interests, as the fiduciary finds to be most practicable and for the best interests of the distributees; and (b) Determine the value of capital assets for the purpose of making distribution thereof if and when there is more than one distributee thereof, which determination shall be binding upon the distributees unless clearly capricious, erroneous and inequitable.

2. The fiduciary shall not exercise any power under this section unless the fiduciary holds title to or an interest in the property to be distributed and is required or authorized to make distribution thereof.
Nev. Rev. Stat. § 159.177 — NV Code / Title 13 / Chapter 159 / Section 159.177
Time for filing account; service of account
Status: in_force

1. A guardian of the estate or special guardian who is authorized to manage the property of the protected person shall make and file a verified account in the guardianship proceeding: (a) Annually, not later than 60 days after the anniversary date of the appointment of the guardian, unless the court orders such an account to be made and filed at a different interval upon a showing of good cause and with the appropriate protection of the interests of the protected person. (b) Upon filing a petition to resign and before the resignation is accepted by the court. (c) Within 30 days after the date of his or her removal, unless the court authorizes a longer period. (d) Within 90 days after the date of termination of the guardianship or the death of the protected person, unless the court authorizes a longer period. (e) At any other time as required by law or as the court may order.

2. An account filed pursuant to this section must be served on the attorney of the protected person and, if the protected person is living, on the protected person.
Nev. Rev. Stat. § 159A.185 — NV Code / Title 13 / Chapter 159A / Section 159A.185
Conditions for removal
Status: in_force

1. The court may remove a guardian if the court determines that: (a) The guardian has become mentally incapacitated, unsuitable or otherwise incapable of exercising the authority and performing the duties of a guardian as provided by law; (b) The guardian is no longer qualified to act as a guardian pursuant to NRS 159A.061 ; (c) The guardian has filed for bankruptcy within the previous 5 years; (d) The guardian of the estate has mismanaged the estate of the protected minor; (e) The guardian has negligently failed to perform any duty as provided by law or by any order of the court and: (1) The negligence resulted in injury to the protected minor or the estate of the protected minor; or (2) There was a substantial likelihood that the negligence would result in injury to the protected minor or the estate of the protected minor; (f) The guardian has intentionally failed to perform any duty as provided by law or by any lawful order of the court, regardless of injury; (g) The guardian has violated any right of the protected minor that is set forth in this chapter; (h) The best interests of the protected minor will be served by the appointment of another person as guardian; or (i) The guardian is a private professional guardian who is no longer qualified as a private professional guardian pursuant to NRS 159A.0595 .

2. A guardian may not be removed if the sole reason for removal is the lack of money to pay the compensation and expenses of the guardian.
Nev. Rev. Stat. § 159A.062 — NV Code / Title 13 / Chapter 159A / Section 159A.062
Guardian nominated by will
Status: in_force

A parent of a minor may by will nominate a guardian. The person nominated must file a petition and obtain an appointment from the court before exercising the powers of a guardian.
Nev. Rev. Stat. § 160.130 — NV Code / Title 13 / Chapter 160 / Section 160.130
Investments
Status: in_force

Every guardian shall invest the funds of the estate in such manner or in such securities, in which the guardian has no interest, as allowed by law or approved by the court.
Nev. Rev. Stat. § 162A.230 — NV Code / Title 13 / Chapter 162A / Section 162A.230
Validity of power of attorney
Status: in_force

1. A power of attorney executed in this State on or after October 1, 2009, is valid if its execution complies with NRS 162A.220 .

2. A power of attorney executed in this State before October 1, 2009, is valid if its execution complied with the law of this State as it existed at the time of execution.

3. A power of attorney executed other than in this State is valid in this State if, when the power of attorney was executed, the execution complied with: (a) The law of the jurisdiction that determines the meaning and effect of the power of attorney pursuant to NRS 162A.240 ; or (b) The requirements for a military power of attorney pursuant to 10 U.S.C. § 1044b .

4. Except as otherwise provided by specific statute other than the provisions of NRS 162A.200 to 162A.660 , inclusive, a photocopy or electronically transmitted copy of an original power of attorney has the same effect as the original power of attorney. An agent shall furnish an affidavit to a third party on demand stating that the instrument relied on is a true copy of the power of attorney and that, to the best of the agent's knowledge, the principal is alive and the relevant powers of the agent have not been altered or terminated.
Nev. Rev. Stat. § 159.1385 — NV Code / Title 13 / Chapter 159 / Section 159.1385
Contract for sale of real property of protected person authorized; limitation on commission; liability of guardian and estate
Status: in_force

1. After the court has granted authority to sell real property of a protected person, a guardian may enter into a written contract with any bona fide agent, broker or multiple agents or brokers to secure a purchaser for such property. Such a contract may grant an exclusive right to sell the property to the agent, broker or multiple agents or brokers.

2. The guardian shall provide for the payment of a commission upon the sale of the real property which: (a) Must be paid from the proceeds of the sale; (b) Must be fixed in an amount not to exceed: (1) Ten percent for unimproved real property; or (2) Seven percent for real property with any type of improvement; and (c) Must be authorized by the court by confirmation of the sale.

3. Upon confirmation of the sale by the court, the contract for the sale becomes binding and enforceable against the estate.

4. A guardian may not be held personally liable and the estate is not liable for the payment of any commission set forth in a contract entered into with an agent or broker pursuant to this section until the sale is confirmed by the court, and then is liable only for the amount set forth in the contract.
Nev. Rev. Stat. § 159A.109 — NV Code / Title 13 / Chapter 159A / Section 159A.109
Examination and allowance or rejection of claims by guardian
Status: in_force

1. A guardian of the estate shall examine each claim presented to the guardian for payment. If the guardian is satisfied that the claim is appropriate and just, the guardian shall: (a) Endorse upon the claim the words “examined and allowed” and the date; (b) Officially subscribe the notation; and (c) Pay the claim from the guardianship estate.

2. If the guardian is not satisfied that the claim is just, the guardian shall: (a) Endorse upon the claim the words “examined and rejected” and the date; (b) Officially subscribe the notation; and (c) Not later than 60 days after the date the claim was presented to the guardian, notify the claimant by personal service or by mailing a notice by registered or certified mail that the claim was rejected.
Nev. Rev. Stat. § 159A.186 — NV Code / Title 13 / Chapter 159A / Section 159A.186
Additional limitation governing removal; considerations for court in determining best interests of protected minor; removal of guardian
Status: in_force

1. Notwithstanding any other provision of law, except as otherwise provided in subsection 3, the court shall not remove the guardian or appoint another person as guardian unless the court finds that removal of the guardian or appointment of another person as guardian is in the best interests of the protected minor.

2. For the purposes of this section in determining the best interests of the protected minor, the court shall consider, without limitation: (a) The ability of the present guardian to provide for the basic needs of the protected minor, including, without limitation, food, shelter, clothing and medical care; (b) The safety of the home in which the protected minor is residing; (c) The length of time that the protected minor has been in the care of the present guardian; (d) The current well-being of the protected minor, including whether the protected minor is prospering in the environment being provided by the present guardian; (e) The emotional bond existing between the present guardian and the protected minor; (f) If the person petitioning the court to replace the present guardian was previously removed from the care, custody or guardianship of the protected minor: (1) The level of participation before the petition was filed by the petitioner in the welfare of the protected minor; and (2) If applicable, whether the petitioner has received instruction in parenting, participated in a program of rehabilitation or undergone counseling for any problem or conduct that the court, in appointing the present guardian, considered as an indication of the previous unfitness of the petitioner; and (g) The mental and physical health of the present guardian.

3. The court may remove the guardian of a protected minor or appoint another person as guardian if the guardian files a petition to resign his or her position as guardian.
Nev. Rev. Stat. § 159.121 — NV Code / Title 13 / Chapter 159 / Section 159.121
Borrowing money for protected person
Status: in_force

1. A guardian of the estate, with prior approval of the court by order, may borrow money for the account of the protected person when necessary: (a) To continue any business of the protected person. (b) To pay claims against the protected person, the guardianship estate or the guardian of the estate as such. (c) To provide for the proper care, maintenance, education and support of the protected person and any person to whom the protected person owes a legal duty of support. (d) For any other purpose that is in the best interests of the protected person.

2. If the court determines that the borrowing is necessary or proper, the court shall make an order approving the borrowing and may authorize one or more separate loans. The order shall prescribe the maximum amount of each loan, the maximum rate of interest and the date of final maturity of each loan, and may authorize the guardian to secure any loan by mortgage, deed of trust, pledge or other security transaction authorized by the laws of this state. The order shall describe the property, if any, to be given as security for each loan.
Nev. Rev. Stat. § 160.100 — NV Code / Title 13 / Chapter 160 / Section 160.100
Accounts
Status: in_force

1. Every guardian who receives on account of a ward of the guardian any money from the Department of Veterans Affairs shall file with the court annually, on the anniversary date of the appointment, in addition to such other accounts as may be required by the court, a full, true and accurate account under oath of all money so received by the guardian and of all disbursements thereof, and showing the balance thereof in the hands of the guardian at the date of such account and how invested.

2. A certified copy of each of such accounts filed with the court must be sent by the guardian to the office of the Department of Veterans Affairs having jurisdiction over the area in which the court is located. The court shall fix a time and place for the hearing on such account not less than 15 days or more than 30 days after the date of filing the account, and notice thereof must be given by the court to the concerned office of the Department of Veterans Affairs not less than 15 days before the date fixed for the hearing.

3. Notice of such hearing must in like manner be given to the guardian.
Nev. Rev. Stat. § 159A.1415 — NV Code / Title 13 / Chapter 159A / Section 159A.1415
Presentation of offer to purchase real property to court for confirmation; division of commission for sale of such property
Status: in_force

1. Except as otherwise provided in subsection 10 of NRS 159A.146 , if a contract of sale to purchase real property of a guardianship estate is presented to the court for confirmation: (a) Other persons may submit higher bids in open court; and (b) The court may confirm the highest bid.

2. Upon confirmation of a sale of real property by the court, the commission for the sale must be divided between the listing agent or broker and the agent or broker who secured the purchaser to whom the sale was confirmed, if any, in accordance with the contract with the listing agent or broker.
Nev. Rev. Stat. § 164.080 — NV Code / Title 13 / Chapter 164 / Section 164.080
Establishment; investments; management
Status: in_force

1. Any bank or trust company qualified to act as fiduciary in this State, or in any other state if affiliated with a bank or trust company qualified to act as fiduciary in this State, may: (a) Establish common trust funds to furnish investments to itself and its affiliated bank or trust company as fiduciary or to itself, its affiliated bank or trust company and others, as cofiduciaries; and (b) As fiduciary or cofiduciary, invest money which it lawfully holds for investment in interests in those common trust funds, if the investment is not prohibited by the instrument, judgment, decree or order creating the fiduciary relationship, and if, in the case of cofiduciaries, the bank or trust company procures the consent of its cofiduciaries to the investment.

2. Any bank or trust company, qualified to act as fiduciary in the state in which it was chartered, which is not a member of the Federal Reserve System shall, in the operation of the common trust fund, comply with the regulations adopted by the supervisor of banking in the state in which it was chartered and with the regulations adopted by the commissioner of financial institutions in this State.

3. The Commissioner of Financial Institutions of the Department of Business and Industry may adopt regulations to carry out the provisions of NRS 164.070 to 164.100 , inclusive.

4. As used in this section, “affiliated” means two or more banks or trust companies: (a) In which at least 25 percent of their voting shares, excluding shares owned by the United States or by any company wholly owned by the United States, are directly or indirectly owned or controlled by a holding company; or (b) In which the election of a majority of the directors is controlled in any manner by a holding company.
Nev. Rev. Stat. § 163.080 — NV Code / Title 13 / Chapter 163 / Section 163.080
Voting stock
Status: in_force

A trustee owning corporate stock may vote it by proxy, but shall be liable for any loss resulting to the beneficiaries from a failure to use reasonable care in deciding how to vote the stock and in voting it.
Nev. Rev. Stat. § 163.380 — NV Code / Title 13 / Chapter 163 / Section 163.380
Employment and compensation of persons
Status: in_force

A fiduciary may employ and compensate, out of income or principal or both and in such proportion as the fiduciary deems advisable, persons deemed by the fiduciary needful to advise or assist in the proper settlement of the estate or administration of any trust, including, but not limited to, agents, accountants, brokers, attorneys at law, attorneys-in-fact, investment brokers, rental agents, realtors, appraisers and tax specialists; and do so without liability for any neglect, omission, misconduct or default of such agent or representative if he or she was selected and retained with due care on the part of the fiduciary.
Nev. Rev. Stat. § 162A.340 — NV Code / Title 13 / Chapter 162A / Section 162A.340
Liability of agent
Status: in_force

An agent that violates NRS 162A.200 to 162A.660 , inclusive, is liable to the principal or the principal's successors in interest for the amount required to:

1. Restore the value of the principal's property to what it would have been had the violation not occurred; and

2. Reimburse the principal or the principal's successors in interest for the attorney's fees and costs paid on the agent's behalf.
Nev. Rev. Stat. § 159.026 — NV Code / Title 13 / Chapter 159 / Section 159.026
“Special guardian” defined
Status: in_force

“ Special guardian ” means a guardian of a person of limited capacity, including, without limitation, such a guardian who is appointed because a person of limited capacity has voluntarily petitioned for the appointment and the court has determined that the person has the requisite capacity to make such a petition.
Nev. Rev. Stat. § 159.144 — NV Code / Title 13 / Chapter 159 / Section 159.144
Sale of real property of guardianship estate: Requirements for establishing date; manner of making offers
Status: in_force

1. Except for the sale of real property pursuant to NRS 159.123 or 159.142 , a sale of real property of a guardianship estate: (a) Must not occur before the date stated in the notice. (b) Except as otherwise provided in this paragraph, must not occur sooner than 14 days after the date of the first publication or posting of the notice. For good cause shown, the court may shorten the time in which the sale may occur to not sooner than 8 days after the date of the first publication or posting of the notice. If the court so orders, the notice of the sale and the sale may be made to correspond with the court order. (c) Must occur not later than 1 year after the date stated in the notice.

2. The offers made in a sale: (a) Must be in writing; and (b) May be delivered to the place designated in the notice or to the guardian at any time after the date of the first publication or posting of the notice.
Nev. Rev. Stat. § 164.740 — NV Code / Title 13 / Chapter 164 / Section 164.740
Duty to comply with prudent investor rule; circumstances under which trustee is immune from liability
Status: in_force

Except as otherwise provided in chapter 669A of NRS , a trustee who invests and manages trust property owes a duty to the beneficiaries of the trust to comply with the prudent investor rule as set forth in NRS 164.700 to 164.775 , inclusive, but a trustee is not liable to a beneficiary to the extent that the trustee:

1. Acted in reasonable reliance on the terms of the trust or a court order; and 2. Determined in good faith to not diversify the investments of a trust pursuant to NRS 164.750 .
Nev. Rev. Stat. § 159.083 — NV Code / Title 13 / Chapter 159 / Section 159.083
General functions of guardian of estate
Status: in_force

A guardian of the estate shall:

1. Protect, preserve, manage and dispose of the estate of the protected person according to law and for the best interests of the protected person.

2. Apply the estate of the protected person for the proper care, maintenance, education and support of the protected person and any person to whom the protected person owes a legal duty of support, having due regard for other income or property available to support the protected person or any person to whom the protected person owes a legal duty of support.

3. Have such other authority and perform such other duties as are provided by law.
Nev. Rev. Stat. § 163.0015 — NV Code / Title 13 / Chapter 163 / Section 163.0015
“Electronic trust” defined
Status: in_force

“Electronic trust” means a trust instrument that complies with the requirements of NRS 163.0095 .
Nev. Rev. Stat. § 159.109 — NV Code / Title 13 / Chapter 159 / Section 159.109
Examination and allowance or rejection of claims by guardian
Status: in_force

1. A guardian of the estate shall examine each claim presented to the guardian for payment. If the guardian is satisfied that the claim is appropriate and just, the guardian shall: (a) Endorse upon the claim the words “examined and allowed” and the date; (b) Officially subscribe the notation; and (c) Pay the claim from the guardianship estate.

2. If the guardian is not satisfied that the claim is just, the guardian shall: (a) Endorse upon the claim the words “examined and rejected” and the date; (b) Officially subscribe the notation; and (c) Not later than 60 days after the date the claim was presented to the guardian, notify the claimant by personal service or by mailing a notice by registered or certified mail that the claim was rejected.
Nev. Rev. Stat. § 162.270 — NV Code / Title 13 / Chapter 162 / Section 162.270
Continued administration by surviving fiduciary
Status: in_force

The survivor of two or more fiduciaries may continue to administer the property of the estate or trust without the appointment of a successor unless the continued administration by the survivor is contrary to an express provision of the will, deed or other instrument governing the estate or trust.
Nev. Rev. Stat. § 159.117 — NV Code / Title 13 / Chapter 159 / Section 159.117
Court approval required to make certain investments and loans and to exercise certain options; certain investments authorized without prior approval; investing property of two or more protected persons
Status: in_force

1. Upon approval of the court by order, a guardian of the estate may: (a) Invest the property of the protected person, make loans and accept security therefor, in the manner and to the extent authorized by the court. (b) Exercise options of the protected person to purchase or exchange securities or other property.

2. A guardian of the estate may, without securing the prior approval of the court, invest the property of the protected person in the following: (a) Savings accounts in any bank, credit union, savings and loan association or savings bank in this State, to the extent that the deposits are insured by the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or a private insurer approved pursuant to NRS 672.755 . (b) Interest-bearing obligations of or fully guaranteed by the United States. (c) Interest-bearing obligations of the United States Postal Service. (d) Interest-bearing obligations of the Federal National Mortgage Association. (e) Interest-bearing general obligations of this State. (f) Interest-bearing general obligations of any county, city or school district of this State. (g) Money market mutual funds which are invested only in those instruments listed in paragraphs (a) to (f), inclusive.

3. A guardian of the estate for two or more protected persons may invest the property of two or more of the protected persons in property in which each protected person whose property is so invested has an undivided interest. The guardian shall keep a separate record showing the interest of each protected person in the investment and in the income, profits or proceeds therefrom. As used in this subsection, “ protected person ” includes a protected minor.

4. Upon approval of the court, for a period authorized by the court, a guardian of the estate may maintain the assets of the protected person in the manner in which the protected person had invested the assets before the incapacity of the protected person.

5. A guardian of the estate may access or manage a guardianship account via the Internet on a secured website established by the bank, credit union or broker holding the account.
Nev. Rev. Stat. § 159.0594 — NV Code / Title 13 / Chapter 159 / Section 159.0594
Determination of whether proposed protected person lacks mental capacity to vote
Status: in_force

1. A protected person retains his or her right to vote unless the court specifically finds by clear and convincing evidence that the protected person lacks the mental capacity to vote because he or she cannot communicate, with or without accommodations, a specific desire to participate in the voting process.

2. If the court makes a finding pursuant to subsection 1, the court must include the finding in a court order and provide a certified copy of the order to the county clerk or the registrar of voters, as applicable, of the county in which the protected person resides and to the Office of the Secretary of State, in the manner set forth in NRS 293.542 .
Nev. Rev. Stat. § 160.140 — NV Code / Title 13 / Chapter 160 / Section 160.140
Maintenance and support
Status: in_force

A guardian shall not apply any portion of the estate of a ward of the guardian for the support and maintenance of any person other than the ward, except upon order of the court after a hearing, notice of which has been given to the proper office of the Department of Veterans Affairs in the manner provided in NRS 160.100 .
Nev. Rev. Stat. § 164.860 — NV Code / Title 13 / Chapter 164 / Section 164.860
Allocation of entire amount to principal if allocation between principal and income under certain circumstances is insubstantial
Status: in_force

If a trustee determines that an allocation between principal and income required by NRS 164.865 , 164.870 , 164.875 , 164.880 or 164.895 is insubstantial, the trustee may allocate the entire amount to principal unless one of the circumstances described in subsection 3 of NRS 164.795 applies to the allocation. This power may be exercised by a cotrustee in the circumstances described in subsection 4 of NRS 164.795 and may be released for the reasons and in the manner described in subsection 5 of NRS 164.795 . An allocation is presumed to be insubstantial if:

1. The amount of the allocation would increase or decrease net income in an accounting period, as determined before the allocation, by less than 10 percent; or

2. The value of the asset producing the receipt for which the allocation would be made is less than 10 percent of the total value of the trust's assets at the beginning of the accounting period.
Nev. Rev. Stat. § 164.915 — NV Code / Title 13 / Chapter 164 / Section 164.915
Transfer of amount from income to principal to make certain principal disbursements
Status: in_force

1. If a trustee makes or expects to make a principal disbursement described in this section, the trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or to provide a reserve for future principal disbursements.

2. Principal disbursements to which subsection 1 applies include the following, but only to the extent that the trustee has not been and does not expect to be reimbursed by a third party: (a) An amount chargeable to income but paid from principal because it is unusually large, including extraordinary repairs; (b) A capital improvement to a principal asset, whether in the form of changes to an existing asset or the construction of a new asset, including special assessments; (c) Disbursements made to prepare property for rental, including tenant allowances, leasehold improvements and broker's commissions; (d) Periodic payments on an obligation secured by a principal asset to the extent that the amount transferred from income to principal for depreciation is less than the periodic payments; and (e) Disbursements described in paragraph (g) of subsection 1 of NRS 164.905 .

3. If the asset whose ownership gives rise to the disbursements becomes subject to a successive income interest after an income interest ends, a trustee may continue to transfer amounts from income to principal as provided in subsection 1.
Nev. Rev. Stat. § 163.415 — NV Code / Title 13 / Chapter 163 / Section 163.415
“Distribution beneficiary” defined
Status: in_force

“ Distribution beneficiary ” means a beneficiary who is eligible or permitted to receive trust income or principal.
Nev. Rev. Stat. § 162A.020 — NV Code / Title 13 / Chapter 162A / Section 162A.020
“Acknowledged” defined
Status: in_force

“Acknowledged” means purportedly verified before a notary public or other individual authorized to take acknowledgments.
Nev. Rev. Stat. § 164.030 — NV Code / Title 13 / Chapter 164 / Section 164.030
Petition for instructions: Notice; hearing; final order; appeal
Status: in_force

1. Any trustee whose appointment has been confirmed, as provided in NRS 164.010 , at any time thereafter may petition the court for instructions in the administration of the trust or for a construction of the trust instrument, or upon or after the filing of a final account, for the settlement and allowance thereof.

2. Upon the filing of the petition the court shall make an order fixing a time and place for hearing thereof, unless hearing has been waived in writing by the beneficiaries of the trust.

3. Unless otherwise ordered by the court, notice of the hearing must be given as follows: (a) The clerk shall set the petition for hearing; (b) The petitioner must give notice stating the filing of the petition and the object and time of the hearing to all persons entitled to notice as provided in NRS 155.010 ; and (c) The trustee filing such petition shall cause a copy of the order to be delivered to the beneficiaries of the trust as follows: (1) By handing the notice or copy to the beneficiary personally or to the beneficiary's guardian, or attorney of record; or (2) By sending it by registered or certified mail with return receipt requested to such beneficiary, or the beneficiary's guardian or attorney of record, at the last known address of the addressee.

4. Upon the hearing the court shall make such order as it deems appropriate, which order is final and conclusive as to all matters thereby determined and binding in rem upon the trust estate and upon the interests of all beneficiaries, vested or contingent, except that appeal to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution may be taken from the order within 30 days from the entry thereof by filing notice of appeal with the clerk of the district court, who shall mail a copy of the notice to each adverse party who has appeared of record.
Nev. Rev. Stat. § 159.112 — NV Code / Title 13 / Chapter 159 / Section 159.112
Authorized actions by guardian of the person if guardian of the estate has not been appointed; payment of excess money to appointed guardian of the estate; certain compensation authorized
Status: in_force

1. If a guardian of the estate has not been appointed, a guardian of the person may: (a) Institute proceedings to compel any person under a duty to support the protected person or to pay for the welfare of the protected person to perform that duty; and (b) Receive money and tangible property deliverable to the protected person and apply such money and property for the support, care and education of the protected person. The guardian shall not use any money from the estate of the protected person to cover the cost of any room and board that the guardian or the spouse, parent or child of the guardian furnishes to the protected person unless a charge for the service is approved by a court order, after notice to at least one adult relative in the nearest degree of consanguinity to the protected person in which there is an adult. The guardian shall exercise care to conserve any excess money for the needs of the protected person.

2. If a guardian of the estate has been appointed, any money received by the guardian of the person that is in excess of the money expended to pay for the support, care and education of the protected person must be paid to the guardian of the estate for management of the estate. The guardian of the person shall account to the guardian of the estate for any money expended.

3. A guardian of the person of a protected person for whom a guardian of the estate also has been appointed may receive reasonable sums for any room and board furnished to the protected person if the guardian of the person presents a claim to the guardian of the estate pursuant to NRS 159.107 and 159.109 .

4. A guardian of the person may request the guardian of the estate to make a payment from the estate of the protected person to another person or entity for the care and maintenance of the protected person in accordance with NRS 159.107 and 159.109 .
Nev. Rev. Stat. § 159A.107 — NV Code / Title 13 / Chapter 159A / Section 159A.107
Presentment and verification of claims
Status: in_force

Except as otherwise provided in NRS 159A.105 , all claims against the protected minor, the guardianship estate or the guardian of the estate as such must be presented to the guardian of the estate. Each such claim must be in writing, must describe the nature and the amount of the claim, if ascertainable, and must be accompanied by the affidavit of the claimant, or someone on behalf of the claimant, who has personal knowledge of the fact. The affidavit must state that within the knowledge of the affiant the amount claimed is justly due, no payments have been made thereon which are not credited and there is no counterclaim thereto, except as stated in the affidavit. If such claim is founded on a written instrument, the original or a copy thereof with all endorsements must be attached to the claim. The original instrument must be exhibited to the guardian or the court, upon demand, unless it is lost or destroyed, in which case the fact of its loss or destruction must be stated in the claim.
Nev. Rev. Stat. § 163.5545 — NV Code / Title 13 / Chapter 163 / Section 163.5545
“Trust adviser” defined
Status: in_force

“ Trust adviser ” means a distribution trust adviser or investment trust adviser.
Nev. Rev. Stat. § 163.416 — NV Code / Title 13 / Chapter 163 / Section 163.416
“Remainder interest” defined
Status: in_force

“ Remainder interest ” means an interest where a trust beneficiary will receive the property from a trust outright at some time in the future.
Nev. Rev. Stat. § 159A.033 — NV Code / Title 13 / Chapter 159A / Section 159A.033
Application to guardians ad litem
Status: in_force

Except as otherwise provided in this chapter, the provisions of this chapter do not apply to guardians ad litem.
Nev. Rev. Stat. § 159.2024 — NV Code / Title 13 / Chapter 159 / Section 159.2024
Transfer of jurisdiction of guardianship or conservatorship from another state to this State
Status: in_force

1. To transfer jurisdiction of a guardianship or conservatorship to this State, the guardian, conservator or other interested party must petition the court of this State for guardianship pursuant to NRS 159.1991 to 159.2029 , inclusive, to accept guardianship in this State. The petition must include a certified copy of the other state's provisional order of transfer and proof that the protected person is physically present in, or is reasonably expected to move permanently to, this State.

2. The court shall issue a provisional order granting a petition filed under subsection 1, unless: (a) An objection is made and the objector establishes that transfer of the proceeding would be contrary to the interests of the protected person; or (b) The guardian or petitioner is not qualified for appointment as a guardian in this State pursuant to NRS 159.0613 .

3. The court shall issue a final order granting guardianship upon filing of a final order issued by the other state terminating proceedings in that state and transferring the proceedings to this State.

4. Not later than 90 days after the issuance of a final order accepting transfer of a guardianship or conservatorship, the court shall determine whether the guardianship or conservatorship needs to be modified to conform to the laws of this State.

5. In granting a petition under this section, the court shall recognize a guardianship or conservatorship order from the other state, including the determination of the incapacity of the protected person and the appointment of the guardian or conservator.
Nev. Rev. Stat. § 162B.430 — NV Code / Title 13 / Chapter 162B / Section 162B.430
Revocation or amendment of release
Status: in_force

A powerholder may revoke or amend a release of a power of appointment only to the extent that:

1. The instrument of release is revocable by the powerholder; or

2. The powerholder reserves a power of revocation or amendment in the instrument of release.
Nev. Rev. Stat. § 163.417 — NV Code / Title 13 / Chapter 163 / 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
Status: in_force

1. A creditor may not exercise, and a court may not order the exercise of: (a) A power of appointment or any other power concerning a trust that is held by a beneficiary; (b) Any power listed in NRS 163.5553 that is held by a trust protector as defined in NRS 163.5547 or any other person; (c) A trustee's discretion to: (1) Distribute any discretionary interest; (2) Distribute any mandatory interest which is past due directly to a creditor; or (3) Take any other authorized action in a specific way; or (d) A power to distribute a beneficial interest of a trustee solely because the beneficiary is a trustee.

2. Trust property is not subject to the personal obligations of the trustee, even if the trustee is insolvent or bankrupt.

3. A settlor may provide in the terms of the trust instrument that a beneficiary's beneficial interest may not be transferred, voluntarily or involuntarily, before the trustee has delivered the interest to the beneficiary.
Nev. Rev. Stat. § 164.905 — NV Code / Title 13 / Chapter 164 / Section 164.905
Disbursements required to be made from principal
Status: in_force

1. A trustee shall make the following disbursements from principal: (a) The remaining portion of the disbursements described in paragraph (a) of subsection 1 of NRS 164.900 ; (b) All the trustee's compensation calculated on principal as a fee for acceptance, distribution or termination, and disbursements made to prepare property for sale; (c) Payments on the principal of a trust debt; (d) Expenses of a proceeding that concerns primarily principal, including a proceeding to construe the trust or to protect the trust or its property; (e) Premiums paid on a policy of insurance not described in paragraph (d) of subsection 1 of NRS 164.900 of which the trust is the owner and beneficiary; (f) Estate, inheritance and other transfer taxes, including penalties, apportioned to the trust; and (g) Disbursements related to environmental matters, including reclamation, assessing environmental conditions, remedying and removing environmental contamination, monitoring remedial activities and the release of substances, preventing future releases of substances, collecting amounts from persons liable or potentially liable for the costs of those activities, penalties imposed under environmental laws or regulations and other payments made to comply with those laws or regulations, statutory or common law claims by third parties, and defending claims based on environmental matters.

2. If a principal asset is encumbered with an obligation that requires income from that asset to be paid directly to the creditor, the trustee shall transfer from principal to income an amount equal to the income paid to the creditor in reduction of the principal balance of the obligation.
Nev. Rev. Stat. § 159A.193 — NV Code / Title 13 / Chapter 159A / Section 159A.193
Winding up affairs
Status: in_force

1. The guardian of the estate is entitled to retain possession of the protected minor's property already in the control of the guardian and is authorized to perform the duties of the guardian to wind up the affairs of the guardianship: (a) Except as otherwise provided in paragraph (b), (c) or (d), for not more than 180 days or a period that is reasonable and necessary as determined by the court after the termination of the guardianship; (b) Except as otherwise provided in paragraph (d), for not more than 90 days after the date of the appointment of a personal representative of the estate of a deceased protected minor; (c) Except as otherwise provided in paragraph (d), for not more than 90 days after the date of the appointment of a successor trustee of a trust of the deceased protected minor and upon request by the trustee; or (d) Upon approval of the court, for more than 180 days or 90 days, as applicable, if the guardian is awaiting certification from the appropriate authority acknowledging that the guardian has no further liability for taxes on the estate.

2. To wind up the affairs of the guardianship, the guardian shall: (a) Pay all expenses of administration of the guardianship estate, including those incurred in winding up the affairs of the guardianship. (b) Complete the performance of any contractual obligations incurred by the guardianship estate. (c) With prior approval of the court, continue any activity that: (1) The guardian believes is appropriate and necessary; or (2) Was commenced before the termination of the guardianship. (d) If the guardianship is terminated for a reason other than the death of the protected minor, examine and allow and pay, or reject, all claims presented to the guardian before the termination of the guardianship for obligations incurred before the termination.

3. If the assets are transferred to a personal representative or a successor trustee as provided for in paragraphs (b) and (c) of subsection 1, the court may authorize the guardian to retain sufficient assets to pay any anticipated expenses and taxes of the guardianship estate.
Nev. Rev. Stat. § 159.127 — NV Code / Title 13 / Chapter 159 / Section 159.127
Purposes for which property of protected person may be sold, leased or placed in trust
Status: in_force

A guardian of the estate, with prior approval of the court by order, may sell, lease or place in trust any of the property of the protected person:

1. For the purpose of paying claims against the protected person, the guardianship estate or the guardian of the estate.

2. For the purpose of providing for the proper care, maintenance, education and support of the protected person and any person to whom the protected person owes a legal duty of support.

3. For the purpose of investing the proceeds.

4. To obtain income through rentals or royalties.

5. For any other purpose that is in the best interests of the protected person.
Nev. Rev. Stat. § 163.620 — NV Code / Title 13 / Chapter 163 / Section 163.620
Admissibility of video recording or electronic record
Status: in_force

Subject to the provisions of any applicable court rules, a video recording or other electronic record may be admissible as evidence of:

1. The proper execution of a trust.

2. The intentions of a settlor.

3. The mental state or capacity of a settlor.

4. The authenticity of a trust.

5. Matters that are determined by a court to be relevant to the administration of a trust.
Nev. Rev. Stat. § 159.024 — NV Code / Title 13 / Chapter 159 / Section 159.024
“Private professional guardian” defined
Status: in_force

1. “ Private professional guardian ” means a person who receives compensation for services as a guardian to three or more protected persons who are not related to the guardian by blood or marriage and who meets the requirements set forth in NRS 159.0595 .

2. For the purposes of this chapter, the term includes an entity that serves as a private professional guardian and is: (a) Required to have a license issued pursuant to chapter 628B of NRS ; or (b) Exempt pursuant to NRS 159.0595 , 159A.0595 or 628B.110 from the requirement to have a license issued pursuant to chapter 628B of NRS .

3. The term does not include: (a) A governmental agency. (b) A public guardian appointed or designated pursuant to the provisions of chapter 253 of NRS.

4. As used in this section, “ protected person ” includes a protected minor.
Nev. Rev. Stat. § 163.414 — NV Code / Title 13 / Chapter 163 / Section 163.414
Definitions
Status: in_force

As used in NRS 163.414 to 163.419 , inclusive, unless the context otherwise requires, the words and terms defined in NRS 163.4145 to 163.4165 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 159.1991 — NV Code / Title 13 / Chapter 159 / Section 159.1991
Short title
Status: in_force

NRS 159.1991 to 159.2029 , inclusive, may be cited as the Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act.
Nev. Rev. Stat. § 159A.1663 — NV Code / Title 13 / Chapter 159A / Section 159A.1663
Neglect or refusal of purchaser of mining claim or of option holder to comply with terms of agreement
Status: in_force

1. If the purchaser or option holder neglects or refuses to comply with the terms of the agreement approved by the court pursuant to NRS 159A.1657 , the guardian may petition the court to cancel the agreement. The court shall cancel the agreement after notice is given to the purchaser or option holder.

2. The cancellation of an agreement pursuant to this section does not affect any liability created by the agreement.
Nev. Rev. Stat. § 166.020 — NV Code / Title 13 / Chapter 166 / Section 166.020
“Spendthrift trust” defined
Status: in_force

“ Spendthrift trust ” means a trust in which by the terms thereof a valid restraint on the voluntary and involuntary transfer of the interest of the beneficiary is imposed. It is an active trust not governed or executed by any use or rule of law of uses.
Nev. Rev. Stat. § 159A.0893 — NV Code / Title 13 / Chapter 159A / Section 159A.0893
Access to account or other assets of protected minor
Status: in_force

1. A guardian shall present a copy of the court order appointing the guardian and letters of guardianship to a bank or other financial institution that holds any account or other assets of the protected minor before the guardian may access the account or other assets.

2. The bank or other financial institution shall accept the copy of the court order appointing the guardian and letters of guardianship as proof of guardianship and allow the guardian access to the account or other assets of the protected minor, subject to any limitations set forth in the court order.

3. Unless the bank or other financial institution is a party to the guardianship proceeding, the bank or other financial institution is not entitled to a copy of any: (a) Confidential information concerning the medical condition or the placement of the protected minor; or (b) Inventory or accounting of the estate of the protected minor.
Nev. Rev. Stat. § 159.163 — NV Code / Title 13 / Chapter 159 / Section 159.163
Agreement for rental or bailment of personal property
Status: in_force

A guardian of the estate, with prior approval of the court by order, may enter into agreements providing for the rental or bailment of the personal property of the protected person. All proceedings to obtain such a court order shall be the same as required for the lease of real property.
Nev. Rev. Stat. § 162B.045 — NV Code / Title 13 / Chapter 162B / Section 162B.045
“Gift-in-default clause” defined
Status: in_force

“ Gift-in-default clause ” means a clause identifying a taker in default of appointment.
Nev. Rev. Stat. § 159.022 — NV Code / Title 13 / Chapter 159 / Section 159.022
“Limited capacity” defined
Status: in_force

A person is of “ limited capacity ” if:

1. The person is able to make independently some but not all of the decisions necessary for the person's own care and the management of the person's property; and

2. The person is not a minor.
Nev. Rev. Stat. § 162A.600 — NV Code / Title 13 / Chapter 162A / Section 162A.600
Taxes
Status: in_force

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to taxes authorizes the agent to:

1. Prepare, sign and file federal, state, local and foreign income, gift, payroll, property, Federal Insurance Contributions Act and other tax returns, claims for refunds, requests for extension of time, petitions regarding tax matters and any other tax-related documents, including receipts, offers, waivers, consents, including consents and agreements under section 2032A of the Internal Revenue Code , 26 U.S.C. § 2032A , as amended, closing agreements, and any power of attorney required by the Internal Revenue Service or other taxing authority with respect to a tax year upon which the statute of limitations has not run and the following 25 tax years;

2. Pay taxes due, collect refunds, post bonds, receive confidential information, and contest deficiencies determined by the Internal Revenue Service or other taxing authority;

3. Exercise any election available to the principal under federal, state, local or foreign tax law; and

4. Act for the principal in all tax matters for all periods before the Internal Revenue Service or other taxing authority.
Nev. Rev. Stat. § 159.336 — NV Code / Title 13 / Chapter 159 / Section 159.336
Hearing on petition for restricted communication, visitation or interaction between protected person and relative or person of natural affection or petition for relief; emergency hearing required in certain circumstances
Status: in_force

1. Except as otherwise provided in subsection 2, a court shall schedule a hearing on a petition filed pursuant to NRS 159.333 or 159.335 not later than 63 days after the date the petition is filed.

2. If a petition filed pursuant to NRS 159.333 or 159.335 states that the health of the protected person is in significant decline or that the death of the protected person might be imminent, the court shall issue an order for an emergency hearing and conduct the emergency hearing as soon as practicable but not later than 7 days after the date the petition is filed.

3. If a court issues an order for an emergency hearing pursuant to subsection 2, the court may order supervised communication, visitation or interaction between the protected person and the relative or person of natural affection before the hearing.

4. Notice of the hearing, a copy of the petition and a copy of any order issued pursuant to subsection 2, if applicable, must be personally served upon the protected person and any person against whom the petition is filed. Nothing in this section affects the right of the protected person to appear and be heard in the proceedings.
Nev. Rev. Stat. § 167.034 — NV Code / Title 13 / Chapter 167 / Section 167.034
Delay of time for certain transfers; requirements
Status: in_force

1. Subject to the limitations of this section, the time for transfer to the minor of custodial property transferred under NRS 167.023 , 167.025 or 167.033 may be delayed until a specified time after the time the minor attains 18 years of age. The time must be specified in the transfer made under NRS 167.030 .

2. To specify a delayed time for transfer, the words: “as custodian for _________________________ (name of minor) until he or she attains the age of ________ (age at which transfer is to occur) years under Nevada's Uniform Act on Transfers to Minors” must be substituted in substance for the words: “as custodian for _________________________ (name of minor) under Nevada's Uniform Act on Transfers to Minors” in making the transfer under NRS 167.030 .

3. The time for transfer to the minor of custodial property transferred under NRS 167.025 or 167.033 may be delayed under this section only if the governing will, trust or nomination provides in substance that the custodianship is to continue until the time the minor attains a specified age, which time may not be later than the time the minor attains 25 years of age, and in such a case the will, trust or nomination determines the time to be specified in making the transfer under NRS 167.030 .

4. The time for transfer to the minor of custodial property transferred under NRS 167.023 may be delayed only if the transfer under NRS 167.030 provides in substance that the custodianship is to continue until the time the minor attains a specified age, which time may not be later than the time the minor: (a) Attains 21 years of age, in the case of a transfer by irrevocable gift under NRS 167.023 ; or (b) Attains 25 years of age, in the case of a transfer by irrevocable exercise of a power of appointment under NRS 167.023 .

5. If a transfer under NRS 167.030 provides in substance that the duration of the custodianship is for a time longer than the maximum time permitted by this section, the custodianship shall be deemed to continue only until the time the minor attains the maximum age permitted by this section for the duration of a custodianship created by that type of transfer.

6. The provisions of this section do not apply to any transfer made under NRS 167.027 or 167.029 .
Nev. Rev. Stat. § 167.023 — NV Code / Title 13 / Chapter 167 / Section 167.023
Transfer by gift or exercise of power of appointment
Status: in_force

A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to the provisions of this chapter.
Nev. Rev. Stat. § 164.805 — NV Code / Title 13 / Chapter 164 / Section 164.805
Distribution of net income to beneficiaries; rules for determining share of net income
Status: in_force

1. Each beneficiary described in subsection 4 of NRS 164.800 is entitled to receive a portion of the net income equal to the beneficiary’s fractional interest in undistributed principal assets, using values as of the date of distribution. If a fiduciary makes more than one distribution of assets to beneficiaries to whom this section applies, each beneficiary, including one who does not receive part of the distribution, is entitled, as of each date of distribution, to the net income the fiduciary has received after the date of death or terminating event or earlier date of distribution but has not distributed as of the current date of distribution.

2. In determining a beneficiary's share of net income, the following rules apply: (a) The beneficiary is entitled to receive a portion of the net income equal to the beneficiary’s fractional interest in the undistributed principal assets immediately before the date of distribution, including assets that later may be sold to meet principal obligations. (b) The beneficiary’s fractional interest in the undistributed principal assets must be calculated without regard to property specifically given to a beneficiary and property required to pay pecuniary amounts not in trust. (c) The beneficiary’s fractional interest in the undistributed principal assets must be calculated on the basis of the aggregate value of those assets as of the date of distribution without reducing the value by any unpaid principal obligation. (d) The date of distribution for purposes of this section may be the date as of which the fiduciary calculates the value of the assets if that date is reasonably near the date on which assets are actually distributed.

3. If a fiduciary does not distribute all the collected but undistributed net income to each person as of a date of distribution, the fiduciary shall maintain appropriate records showing the interest of each beneficiary in that net income.

4. A trustee may apply the rules in this section, to the extent that the trustee considers it appropriate, to net gain or loss realized after the date of death or terminating event or earlier date of distribution from the disposition of a principal asset if this section applies to the income from the asset.
Nev. Rev. Stat. § 164.663 — NV Code / Title 13 / Chapter 164 / Section 164.663
“Record” defined
Status: in_force

“ Record ” means information which is inscribed on a tangible medium or which is stored in an electronic or other medium and is retrievable in perceivable form.
Nev. Rev. Stat. § 166A.130 — NV Code / Title 13 / Chapter 166A / Section 166A.130
“Person” defined
Status: in_force

“ Person ” means an individual, corporation, business trust, estate, trust, partnership, joint venture, association or any other legal or commercial entity.
Nev. Rev. Stat. § 159.0615 — NV Code / Title 13 / Chapter 159 / Section 159.0615
Appointment of master of court or special master to identify person most qualified and suitable to serve as guardian; hearing; recommendation
Status: in_force

1. If the court determines that a person may be in need of a guardian, the court may order the appointment of a master of the court or a special master from among the members of the State Bar of Nevada to conduct a hearing to identify the person most qualified and suitable to serve as guardian for the proposed protected person.

2. Not later than 5 calendar days after the date of the hearing, the master of the court or special master shall prepare and submit to the court a recommendation regarding which person is most qualified and suitable to serve as guardian for the proposed protected person.
Nev. Rev. Stat. § 159.342 — NV Code / Title 13 / Chapter 159 / Section 159.342
Determination as to whether guardian has already been appointed upon application by person to be designated as guardian
Status: in_force

1. If a guardian applies to a court to be designated as the guardian of a person, the court must determine whether a guardian has already been designated for the person by accessing the Nevada Lockbox established by the Secretary of State pursuant to NRS 225.360 in accordance with the provisions of NRS 225.380 .

2. When determining whether a guardian has already been designated for the person, if the court determines that two or more different designations exist and each designation is valid, the most recent designation shall be deemed to be the controlling designation.

3. If the court determines that a guardian has already been designated for the person, the application for guardianship cannot proceed unless the court revokes the designation.
Nev. Rev. Stat. § 162A.520 — NV Code / Title 13 / Chapter 162A / Section 162A.520
Banks and other financial institutions
Status: in_force

1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to banks and other financial institutions authorizes the agent to: (a) Continue, modify and terminate an account or other banking arrangement made by or on behalf of the principal; (b) Establish, modify and terminate an account or other banking arrangement with a bank, trust company, savings and loan association, savings bank, credit union, thrift company, brokerage firm or other financial institution selected by the agent; (c) Contract for services available from a financial institution, including renting a safe deposit box or space in a vault; (d) Withdraw, by check, order, electronic funds transfer or otherwise, money or property of the principal deposited with or left in the custody of a financial institution; (e) Receive statements of account, vouchers, notices and similar documents from a financial institution and act with respect to them; (f) Enter a safe deposit box or vault and withdraw or add to the contents; (g) Borrow money and pledge as security personal property of the principal necessary to borrow money or pay, renew or extend the time of payment of a debt of the principal or a debt guaranteed by the principal; (h) Make, assign, draw, endorse, discount, guarantee and negotiate promissory notes, checks, drafts and other negotiable or nonnegotiable paper of the principal or payable to the principal or the principal's order, transfer money, receive the cash or other proceeds of those transactions, and accept a draft drawn by a person upon the principal and pay it when due; (i) Receive for the principal and act upon a sight draft, warehouse receipt or other document of title whether tangible or electronic, or other negotiable or nonnegotiable instrument; (j) Apply for, receive and use letters of credit, credit and debit cards, electronic transaction authorizations and traveler's checks from a financial institution and give an indemnity or other agreement in connection with letters of credit; and (k) Consent to an extension of the time of payment with respect to commercial paper or a financial transaction with a financial institution.

2. An agent who is not the spouse of the principal must not be listed on any account as a cosigner with right of survivorship, but must be listed on the account solely as power of attorney.
Nev. Rev. Stat. § 166A.020 — NV Code / Title 13 / Chapter 166A / Section 166A.020
Definitions
Status: in_force

As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 166A.030 to 166A.170 , inclusive, have the meanings ascribed to them in those sections.
Nev. Rev. Stat. § 159A.053 — NV Code / Title 13 / Chapter 159A / Section 159A.053
Temporary guardian for person, estate, or person and estate of proposed protected minor: Petition for appointment; required notice; extension; limited powers
Status: in_force

1. A petitioner may request that the court appoint a temporary guardian for the person or the estate, or both, of a proposed protected minor by filing a verified petition.

2. The petition must state facts which establish good cause for the appointment of a temporary guardian and which show that: (a) The petitioner has tried in good faith to notify the persons entitled to notice pursuant to NRS 159A.047 by telephone or in writing before the filing of the petition; (b) The proposed protected minor would be exposed to an immediate risk of physical, emotional or financial harm if the petitioner were to provide notice to the persons entitled to notice pursuant to NRS 159A.047 before the court determines whether to appoint a temporary guardian; or (c) Giving notice to the persons entitled to notice pursuant to NRS 159A.047 is not feasible under the circumstances.

3. A petition which seeks an ex parte appointment of a temporary guardian must be accompanied by an affidavit which explains the emergency that requires a temporary guardian to be appointed before a hearing.

4. If no parent of the proposed protected minor has had the care, custody and control of the minor for the 6 months immediately preceding the petition, temporary guardianship of the person of the minor is presumed to be in the best interest of the minor.

5. The court may, upon that petition or other showing as it may require, appoint a temporary guardian of the person or the estate, or both, of the proposed protected minor.

6. Except as otherwise provided in subsection 7, after the appointment of a temporary guardian, the petitioner shall attempt in good faith to notify the persons entitled to notice pursuant to NRS 159A.047 , including, without limitation, notice of any hearing to extend the temporary guardianship. If the petitioner fails to make such an effort, the court may terminate the temporary guardianship.

7. If, before the appointment of a temporary guardian, the court was satisfied that giving notice to the persons entitled to notice pursuant to NRS 159A.047 was not feasible under the circumstances or determined that such notice was not required pursuant to paragraph (b) or (c) of subsection 2, the petitioner shall notify the persons entitled to notice pursuant to NRS 159A.047 without undue delay, but not later than 48 hours after the appointment of the temporary guardian or not later than 48 hours after the petitioner discovers the existence, identity and location of the persons entitled to notice pursuant to that section. If the petitioner fails to provide such notice, the court may terminate the temporary guardianship.

8. Not later than 10 days after the date of an ex parte appointment of a temporary guardian pursuant to subsection 5, the court shall hold a hearing to determine the need to extend the temporary guardianship. Except as otherwise provided in subsection 9, if the court finds by clear and convincing evidence that the protected minor continues to be in need of a temporary guardian, the court may, pursuant to subsection 10, extend the temporary guardianship until a general guardian is appointed.

9. The court may not extend a temporary guardianship pursuant to subsection 8 beyond the initial period of 10 days unless the petitioner demonstrates that: (a) The provisions of NRS 159A.0475 have been satisfied; or (b) Notice by publication pursuant to the Nevada Rules of Civil Procedure is currently being undertaken.

10. The court may extend the temporary guardianship, for good cause shown, for not more than two successive 60-day periods, unless extraordinary circumstances necessitate a longer duration for the temporary guardianship.

11. If for any reason a guardian who is appointed for a protected minor cannot perform the duties of a guardian, the court may, upon a petition filed to request temporary guardianship for the minor, appoint a temporary guardian to exercise the powers of a guardian until another guardian is appointed for the minor.
Nev. Rev. Stat. § 164.900 — NV Code / Title 13 / Chapter 164 / Section 164.900
Disbursements required to be made from income; reduction of amount charged against income
Status: in_force

1. A trustee shall make the following disbursements from income to the extent that they are not disbursements to which paragraph (b) or (c) of subsection 2 of NRS 164.800 applies: (a) Except as otherwise provided in subsection 2 or otherwise ordered by the court, one-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee; (b) Except as otherwise ordered by the court, one-half of all expenses for accountings, judicial proceedings, or other matters that involve both the income and remainder interests; (c) All the other ordinary expenses incurred in connection with the administration, management or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed against principal, and expenses of a proceeding or other matter that concerns primarily the income interest; and (d) All recurring premiums on insurance covering the loss of a principal asset or the loss of income from or use of the asset.

2. If the amount charged to the income of an irrevocable trust pursuant to paragraph (a) of subsection 1 exceeds 15 percent of the income of the trust in the accounting period, the trustee shall exercise the authority in NRS 164.795 to equitably reduce the amount charged against income for that accounting period unless: (a) The trustee, after taking into consideration the terms of the trust instrument, reasonably concludes that the reduction is not in the best interest of the beneficiaries of the trust; (b) The reduction of the amount charged to income would violate the express terms of the trust instrument other than a general directive to comply with the Uniform Principal and Income Act (1997) or with a general provision that contains language similar to that found in paragraph (a) of subsection 1; (c) The trustee is authorized under the terms of the trust instrument to distribute trust principal to each income beneficiary; or (d) The trustee gives notice in compliance with NRS 164.725 of the intent not to make the adjustment and no current income beneficiary objects.
Nev. Rev. Stat. § 163.500 — NV Code / Title 13 / Chapter 163 / Section 163.500
“Trustee” defined
Status: in_force

“Trustee” means a trustee, trustees, person or persons possessing a power or powers referred to in NRS 163.420 to 163.550 , inclusive.
Nev. Rev. Stat. § 164.667 — NV Code / Title 13 / Chapter 164 / Section 164.667
Appropriation for expenditure or accumulation of endowment fund; rules of construction
Status: in_force

1. Subject to the intent of a donor expressed in the gift instrument and to subsection 4, an institution may appropriate for expenditure or accumulate so much of an endowment fund as the institution determines is prudent for the uses, benefits, purposes and duration for which the endowment fund is established. Unless stated otherwise in the gift instrument, the assets in an endowment fund are donor-restricted assets until appropriated for expenditure by the institution. In making a determination to appropriate or accumulate, the institution shall act in good faith, with the care that an ordinarily prudent person in a like position would exercise under similar circumstances, and shall consider, if relevant, the following factors: (a) The duration and preservation of the endowment fund; (b) The purposes of the institution and the endowment fund; (c) General economic conditions; (d) The possible effect of inflation or deflation; (e) The expected total return from income and the appreciation of investments; (f) Other resources of the institution; and (g) The investment policy of the institution.

2. To limit the authority to appropriate for expenditure or accumulate under subsection 1, a gift instrument must specifically state the limitation.

3. Terms in a gift instrument designating a gift as an endowment, or a direction or authorization in the gift instrument to use only “income,” “interest,” “dividends,” or “rents, issues or profits,” or “to preserve the principal intact,” or words of similar import: (a) Create an endowment fund of permanent duration unless other language in the gift instrument limits the duration or purpose of the fund; and (b) Do not otherwise limit the authority to appropriate for expenditure or accumulate under subsection 1.

4. The appropriation for expenditure in any year of an amount greater than 7 percent of the fair market value of an endowment fund, calculated on the basis of market values determined at least quarterly and averaged over a period of not less than 3 years immediately preceding the year in which the appropriation for expenditure was made, creates a rebuttable presumption of imprudence. For an endowment fund in existence for less than 3 years, the fair market value of the endowment fund must be calculated for the period the endowment fund has been in existence. This subsection does not: (a) Apply to an appropriation for expenditure permitted under law other than NRS 164.640 to 164.680 , inclusive, or by the gift instrument; or (b) Create a presumption of prudence for an appropriation for expenditure of an amount less than or equal to 7 percent of the fair market value of the endowment fund.
Nev. Rev. Stat. § 162A.660 — NV Code / Title 13 / Chapter 162A / Section 162A.660
Relation to Electronic Signatures in Global and National Commerce Act
Status: in_force

NRS 162A.200 to 162A.660 , inclusive, modifies, limits and supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq., but does not modify, limit or supersede section 101(c) of that Act, 15 U.S.C. § 7001(c) , or authorize electronic delivery of any of the notices described in section 103(b) of that Act, 15 U.S.C. § 7003(b) .
Nev. Rev. Stat. § 159A.054 — NV Code / Title 13 / Chapter 159A / Section 159A.054
Finding of court upon petition: Dismissal of petition; appointment of guardian
Status: in_force

1. If the court finds that the proposed protected minor is not in need of a guardian, the court shall dismiss the petition.

2. If the court finds that appointment of a guardian is required, the court shall appoint a guardian of the proposed protected minor's person, estate, or person and estate.

3. The court shall not find that a proposed protected minor is in need of a guardian solely because the person currently responsible for the proposed protected minor: (a) Is deaf, is blind or has another physical disability; or (b) Is the holder of a valid registry identification card.

4. As used in this section: (a) “Blind” has the meaning ascribed to it in NRS 426.082 . (b) “ Holder of a valid registry identification card ” means a person who holds a valid registry identification card as defined in NRS 678C.080 that identifies the person as: (1) Exempt from state prosecution for engaging in the medical use of cannabis; or (2) A designated primary caregiver as defined in NRS 678C.040 .
Nev. Rev. Stat. § 162A.840 — NV Code / Title 13 / Chapter 162A / Section 162A.840
Persons not eligible for designation as agent
Status: in_force

1. Except as otherwise provided in subsection 2, a principal may not name as agent in a power of attorney for health care: (a) His or her provider of health care; (b) An employee of his or her provider of health care; (c) An operator of a health care facility; or (d) An employee of a health care facility.

2. A principal may name as agent any person identified in subsection 1 if that person is the spouse, legal guardian or next of kin of the principal.
Nev. Rev. Stat. § 163.025 — NV Code / Title 13 / Chapter 163 / Section 163.025
Combining or dividing certain trusts
Status: in_force

1. Except as otherwise provided by the terms of the trust instrument, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts if the combination or division does not: (a) Impair the rights of any beneficiary; (b) Substantially affect the accomplishment of the purposes of the trust or trusts; or (c) Violate the rule against perpetuities applicable to the trust or trusts.

2. If the terms of the trust instrument do not expressly authorize the combination or division of trusts, then the combination or division of trusts must be made by court order or after giving notice of the proposed action and following the procedure set forth in NRS 164.725 . The notice of the proposed action must include a summary of the anticipated tax consequences, if any, of the proposed combination or division.
Nev. Rev. Stat. § 159.181 — NV Code / Title 13 / Chapter 159 / Section 159.181
Hearing of account
Status: in_force

1. Any interested person may appear at the hearing and object to the account or file written objections to the account prior to the hearing.

2. If there are no objections to the account or if the court overrules any objections, the court may enter an order allowing and confirming the account.

3. Except as otherwise provided in this subsection, the order settling and allowing the account is a final order and is conclusive against all persons interested in the guardianship proceeding, including, without limitation, heirs and assigns. The order is not final against a protected person who requests an examination of any account after the legal disability of the protected person is removed.

4. If the court finds that an interested person who objected to the account did not object in good faith or in furtherance of the best interests of the protected person, the court may order the interested person to pay to the estate of the protected person all or part of the expenses associated with the objection.
Nev. Rev. Stat. § 162A.580 — NV Code / Title 13 / Chapter 162A / Section 162A.580
Benefits from governmental programs or civil or military service
Status: in_force

1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to benefits from governmental programs or civil or military service authorizes the agent to: (a) Enroll in, apply for, select, reject, change, amend or discontinue, on the principal's behalf, a benefit or program; (b) Prepare, file and maintain a claim of the principal for a benefit or assistance, financial or otherwise, to which the principal may be entitled under a statute or regulation; (c) Initiate, participate in, submit to alternative dispute resolution, settle, oppose, propose or accept a compromise with respect to litigation concerning any benefit or assistance the principal may be entitled to receive under a statute or regulation; (d) Receive the financial proceeds of a claim, and conserve, invest, disburse or use for a lawful purpose anything so received; (e) Execute vouchers in the name of the principal for allowances and reimbursements payable by the United States or a foreign government or by a state or subdivision of a state to the principal, including allowances and reimbursements for transportation and for shipment of household effects; and (f) Take possession and order the removal and shipment of property of the principal from a post, warehouse, depot, dock or other place of storage or safekeeping, either governmental or private, and execute and deliver a release, voucher, receipt, bill of lading, shipping ticket, certificate or other instrument for that purpose.

2. As used in this section, “ benefits from governmental programs or civil or military service ” means any benefit, program or assistance provided under a statute or regulation including Social Security, Medicare and Medicaid.
Nev. Rev. Stat. § 162A.550 — NV Code / Title 13 / Chapter 162A / Section 162A.550
Estates, trusts and other beneficial interests
Status: in_force

1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to estates, trusts and other beneficial interests authorizes the agent to: (a) Accept, receive, receipt for, sell, assign, pledge or exchange a share in or payment from the fund; (b) Demand or obtain money or another thing of value to which the principal is, may become or claims to be entitled by reason of the fund, by litigation or otherwise; (c) Exercise for the benefit of the principal a presently exercisable general power of appointment held by the principal; (d) Initiate, participate in, submit to alternative dispute resolution, settle, oppose, propose or accept a compromise with respect to litigation to ascertain the meaning, validity or effect of a deed, will, declaration of trust, or other instrument or transaction affecting the interest of the principal; (e) Initiate, participate in, submit to alternative dispute resolution, settle, oppose, propose or accept a compromise with respect to litigation to remove, substitute or surcharge a fiduciary; (f) Conserve, invest, disburse or use anything received for an authorized purpose; and (g) Transfer an interest of the principal in real property, stocks and bonds, accounts with financial institutions or securities intermediaries, insurance, annuities and other property to the trustee of a revocable trust created by the principal as settlor or grantor.

2. As used in this section, “ estates, trusts and other beneficial interests ” means a trust, probate estate, escrow, custodianship or fund from which the principal is, may become or claims to be entitled to a share or payment.
Nev. Rev. Stat. § 163.295 — NV Code / Title 13 / Chapter 163 / Section 163.295
Continuation of farming operation
Status: in_force

A fiduciary may continue any farming operation received by the fiduciary pursuant to the will, trust or other instrument and do any and all things deemed advisable by the fiduciary in the management and maintenance of such farm and the production and marketing of crops and dairy, poultry, livestock, orchard and the forest products, including, but not limited to, the following powers:

1. To operate the farm with hired labor, tenants or sharecroppers;

2. To lease or rent the farm for cash or for a share of the crops;

3. To purchase or otherwise acquire farm machinery and equipment and livestock;

4. To construct, repair and improve farm buildings of all kinds needed, in the fiduciary's judgment, for the operation of the farm;

5. To make or obtain loans or advances at the prevailing rate or rates of interest for farm purposes such as for production, harvesting or marketing, or for the construction, repair or improvement of farm buildings, or for the purchase of farm machinery, equipment or livestock;

6. To employ approved soil conservation practices in order to conserve, improve and maintain the fertility and productivity of the soil;

7. To protect, manage and improve the timber and forest on the farm and sell the timber and forest products when it is to the best interest of the estate;

8. To ditch, dam and drain damp or wet fields and areas of the farm when and where needed;

9. To engage in the production of livestock, poultry or dairy products, and to construct such fences and buildings and plant such pastures and crops as may be necessary to carry on such operations;

10. To market the products of the farm; and

11. In general, to employ good husbandry in the farming operation.
Nev. Rev. Stat. § 159.0195 — NV Code / Title 13 / Chapter 159 / Section 159.0195
“Interested person” defined
Status: in_force

“ Interested person ” means a person who is entitled to notice of a guardianship proceeding pursuant to NRS 159.034 .
Nev. Rev. Stat. § 159.015 — NV Code / Title 13 / Chapter 159 / Section 159.015
“Court” defined
Status: in_force

“ Court ” means any court or judge having jurisdiction of the persons and estates of persons who are incapacitated or persons of limited capacity.
Nev. Rev. Stat. § 159A.0486 — NV Code / Title 13 / Chapter 159A / Section 159A.0486
Finding of vexatious litigant; sanctions
Status: in_force

1. A court may find that a petitioner is a vexatious litigant if a person, other than the protected minor: (a) Files a petition which is without merit or intended to harass or annoy the guardian; and (b) Has previously filed pleadings in a guardianship proceeding that were without merit or intended to harass or annoy the guardian.

2. If a court finds a person is a vexatious litigant pursuant to subsection 1, the court may impose sanctions on the petitioner in an amount sufficient to reimburse the estate of the protected minor for all or part of the expenses incurred by the estate of the protected minor to defend the petition, to respond to the petition and for any other pecuniary losses which are associated with the petition.
Nev. Rev. Stat. § 159.1875 — NV Code / Title 13 / Chapter 159 / Section 159.1875
Approval of resignation of guardian of person
Status: in_force

1. Before the court approves the resignation of a guardian of the person and discharges the guardian, the court shall appoint a successor guardian.

2. If a protected person has more than one guardian, the court may approve the resignation of one of the guardians if the remaining guardian or guardians are qualified to act alone.
Nev. Rev. Stat. § 163.560 — NV Code / Title 13 / Chapter 163 / Section 163.560
Irrevocable trust not to be construed as revocable
Status: in_force

1. If the settlor of any trust specifically declares in the instrument creating the trust that such trust is irrevocable it shall be irrevocable for all purposes, even though the settlor is also the beneficiary of such trust.

2. Such trust shall, under no circumstances, be construed to be revocable for the reason that the settlor and beneficiary is the same person.
Nev. Rev. Stat. § 159A.127 — NV Code / Title 13 / Chapter 159A / Section 159A.127
Purposes for which property of protected minor may be sold, leased or placed in trust
Status: in_force

A guardian of the estate, with prior approval of the court by order, may sell, lease or place in trust any of the property of the protected minor:

1. For the purpose of paying claims against the protected minor, the guardianship estate or the guardian of the estate.

2. For the purpose of providing for the proper care, maintenance, education and support of the protected minor.

3. For the purpose of investing the proceeds.

4. To obtain income through rentals or royalties.

5. For any other purpose that is in the best interests of the protected minor.
Nev. Rev. Stat. § 159A.144 — NV Code / Title 13 / Chapter 159A / Section 159A.144
Sale of real property of guardianship estate: Requirements for establishing date; manner of making offers
Status: in_force

1. Except for the sale of real property pursuant to NRS 159A.123 or 159A.142 , a sale of real property of a guardianship estate: (a) Must not occur before the date stated in the notice. (b) Except as otherwise provided in this paragraph, must not occur sooner than 14 days after the date of the first publication or posting of the notice. For good cause shown, the court may shorten the time in which the sale may occur to not sooner than 8 days after the date of the first publication or posting of the notice. If the court so orders, the notice of the sale and the sale may be made to correspond with the court order. (c) Must occur not later than 1 year after the date stated in the notice.

2. The offers made in a sale: (a) Must be in writing; and (b) May be delivered to the place designated in the notice or to the guardian at any time after the date of the first publication or posting of the notice.
Nev. Rev. Stat. § 159A.154 — NV Code / Title 13 / Chapter 159A / Section 159A.154
Place and manner of sale of personal property of protected minor; report by guardian; first right of refusal of family members
Status: in_force

1. The guardian may sell the personal property of a protected minor at: (a) The residence of the protected minor; or (b) Any other location designated by the guardian.

2. The guardian may sell the personal property only if the property is made available for inspection at the time of the sale or photographs of the personal property are posted on an appropriate auction website on the Internet.

3. Personal property may be sold for cash or upon credit.

4. Except as otherwise provided in NRS 159A.1515 , a sale or disposition of any personal property of the protected minor must not be commenced until 30 days after an inventory of the property is filed with the court and a copy thereof is sent by regular mail to the persons specified in NRS 159A.034 . An affidavit of mailing must be filed with the court.

5. The guardian is responsible for the actual value of the personal property unless the guardian makes a report to the court, not later than 90 days after the conclusion of the sale, showing that good cause existed for the sale and that the property was sold for a price that was not disproportionate to the value of the property.

6. The family members of the protected minor and any interested persons must be offered the first right of refusal to acquire the personal property of the protected minor at fair market value.
Nev. Rev. Stat. § 164.815 — NV Code / Title 13 / Chapter 164 / Section 164.815
Allocation of certain income receipts and disbursements; due dates for certain payments and distributions
Status: in_force

1. A trustee shall allocate an income receipt or disbursement other than one to which subsection 1 of NRS 164.800 applies to principal if its due date occurs before a decedent dies in the case of an estate or before an income interest begins in the case of a trust or successive income interest.

2. A trustee shall allocate an income receipt or disbursement to income if its due date occurs on or after the date on which a decedent dies or an income interest begins and it is a periodic due date. An income receipt or disbursement must be treated as accruing from day to day if its due date is not periodic or it has no due date. The portion of the receipt or disbursement accruing before the date on which a decedent dies or an income interest begins must be allocated to principal and the balance must be allocated to income.

3. An item of income or an obligation is due on the date the payor is required to make a payment. If a date for payment is not stated, there is no due date for the purposes of NRS 164.780 to 164.925 , inclusive. Distributions to shareholders or other owners from an entity to which NRS 164.825 applies are deemed to be due on the date fixed by the entity for determining who is entitled to receive the distribution or, if no date is fixed, on the date of declaration of the distribution. A due date is periodic for receipts or disbursements that must be paid at regular intervals under a lease or an obligation to pay interest or if an entity customarily makes distributions at regular intervals.
Nev. Rev. Stat. § 159.034 — NV Code / Title 13 / Chapter 159 / Section 159.034
Notice by petitioner: To whom required; manner for providing; waiver of requirement; proof of giving filed with court
Status: in_force

1. Except as otherwise provided in this section, by specific statute or as ordered by the court, a petitioner in a guardianship proceeding shall give notice of the time and place of the hearing on any petition filed in the guardianship proceeding to: (a) The spouse of the protected person and all other known relatives of the protected person who are within the second degree of consanguinity. (b) Any other interested person or the person's attorney who has filed a request for notice in the guardianship proceedings and has served a copy of the request upon the guardian. The request for notice must state the interest of the person filing the request and the person's name and address, or that of his or her attorney. (c) The guardian, if the petitioner is not the guardian. (d) Any person or care provider who is providing care for the protected person, except that if the person or care provider is not related to the protected person, such person or care provider must not receive copies of any inventory or accounting. (e) Any office of the Department of Veterans Affairs in this State if the protected person is receiving any payments or benefits through the Department of Veterans Affairs. (f) The Director of the Department of Health and Human Services if the protected person has received or is receiving benefits from Medicaid. (g) Those persons entitled to notice if a proceeding were brought in the home state of the protected person.

2. The petitioner shall give notice not later than 10 days before the date set for the hearing: (a) By mailing a copy of the notice by certified, registered or ordinary first-class mail to the residence, office or post office address of each person required to be notified pursuant to this section; (b) By personal service; or (c) In any other manner ordered by the court, upon a showing of good cause.

3. Except as otherwise provided in this subsection, if none of the persons entitled to notice of a hearing on a petition pursuant to this section can, after due diligence, be served by certified mail or personal service and this fact is proven by affidavit to the satisfaction of the court, service of the notice must be made by publication in the manner provided by the Nevada Rules of Civil Procedure. In all such cases, the notice must be published not later than 10 days before the date set for the hearing. If, after the appointment of a guardian, a search for relatives of the protected person listed in paragraph (a) of subsection 1 fails to find any such relative, the court may waive the notice by publication required by this subsection.

4. For good cause shown, the court may waive the requirement of giving notice.

5. A person entitled to notice pursuant to this section may waive such notice. Such a waiver must be in writing and filed with the court.

6. On or before the date set for the hearing, the petitioner shall file with the court proof of giving notice to each person entitled to notice pursuant to this section.
Nev. Rev. Stat. § 162.060 — NV Code / Title 13 / Chapter 162 / Section 162.060
Check drawn by fiduciary payable to third person
Status: in_force

If a check or other bill of exchange is drawn by a fiduciary as such, or in the name of his or her principal by a fiduciary empowered to draw such instrument in the name of the principal, the payee is not bound to inquire whether the fiduciary is committing a breach of his or her obligation as fiduciary in drawing or delivering the instrument, and is not chargeable with notice that the fiduciary is committing a breach of his or her obligation as fiduciary unless the payee takes the instrument with actual knowledge of such breach or with knowledge of such facts that this action in taking the instrument amounts to bad faith. If, however, such instrument is payable to a personal creditor of the fiduciary and delivered to the creditor in payment of or as security for a personal debt of the fiduciary to the actual knowledge of the creditor, or is drawn and delivered in any transaction known by the payee to be for the personal benefit of the fiduciary, the creditor or other payee is liable to the principal if the fiduciary in fact commits a breach of his or her obligation as fiduciary in drawing or delivering the instrument.
Nev. Rev. Stat. § 162A.350 — NV Code / Title 13 / Chapter 162A / Section 162A.350
Resignation of agent; notice
Status: in_force

Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated:

1. To a co-agent or successor agent; or

2. If there is no person described in subsection 1, to: (a) The principal's spouse, parent or descendant; (b) The principal's caregiver; (c) Another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or (d) A governmental agency having authority to protect the welfare of the principal.
Nev. Rev. Stat. § 159A.123 — NV Code / Title 13 / Chapter 159A / Section 159A.123
Contracts of protected minor
Status: in_force

If a protected minor for whom a guardian of the estate is appointed was, at the time of the appointment, a party to a contract which has not been fully performed, and which was made by the minor while not under any legal disability other than being under the age of majority, the guardian of the estate, with prior approval of the court by order, may complete the performance of such contract. If such contract requires the conveyance of any real or personal property, or any interest in such property, the court may authorize the guardian to convey the interest and estate of the protected minor in the property, and the effect of such conveyance is the same as though made by the protected minor while not under legal disability. If the contract requires a sale, no notice of sale is required under this section unless otherwise ordered by the court.
Nev. Rev. Stat. § 162C.063 — NV Code / Title 13 / Chapter 162C / Section 162C.063
“Record” defined
Status: in_force

“ Record ” has the meaning ascribed to it in NRS 162A.130 .
Nev. Rev. Stat. § 159A.148 — NV Code / Title 13 / Chapter 159A / Section 159A.148
Neglect or refusal of purchaser of real property to comply with terms of sale
Status: in_force

1. After confirmation of the sale of real property, if the purchaser neglects or refuses to comply with the terms of the sale, the court may set aside the order of confirmation and order the property to be resold: (a) On motion of the guardian; and (b) After notice is given to the purchaser.

2. If the amount realized on the resale of the property is insufficient to cover the bid and the expenses of the previous sale, the original purchaser is liable to the estate of the protected minor for the deficiency.
Nev. Rev. Stat. § 164.840 — NV Code / Title 13 / Chapter 164 / Section 164.840
Allocation of assets, money, property and other receipts to principal
Status: in_force

A trustee shall allocate to principal:

1. To the extent not allocated to income under NRS 164.780 to 164.925 , inclusive, assets received from a transferor during the transferor's lifetime, a decedent's estate, a trust with a terminating income interest, or a payor under a contract naming the trust or its trustee as beneficiary;

2. Money or other property received from the sale, exchange, liquidation or change in form of a principal asset, including realized profit, subject to NRS 164.780 to 164.925 , inclusive;

3. Amounts recovered from third parties to reimburse the trust because of disbursements described in paragraph (g) of subsection 1 of NRS 164.905 or for other reasons to the extent not based on the loss of income;

4. Proceeds of property taken by eminent domain, but a separate award made for the loss of income with respect to an accounting period during which a current income beneficiary had a mandatory income interest is income;

5. Net income received in an accounting period during which there is no beneficiary to whom a trustee may or must distribute income; and

6. Other receipts as provided in NRS 164.810 , 164.815 and 164.820 .
Nev. Rev. Stat. § 163.315 — NV Code / Title 13 / Chapter 163 / Section 163.315
Dealing with other fiduciaries
Status: in_force

In dealing with one or more fiduciaries, a fiduciary may:

1. Sell property, real or personal, to, or exchange property with, the trustee of any trust which the decedent or the settlor or the settlor's spouse or any child of the settlor has created, for such estates and upon such terms and conditions as to sale price, terms of payment and security as to the fiduciary seem advisable. The fiduciary has no duty to follow the proceeds of any such sale.

2. Borrow money for such periods of time and upon such terms and conditions as to rates, maturities, renewals and securities as the fiduciary deems available from any trust created by the decedent, or the spouse or child of the decedent, for the purpose of: (a) Paying debts of the decedent, taxes, the costs of the administration of the estate and like charges against the estate, or any part thereof; or (b) Discharging the liability of any fiduciary thereof. A fiduciary may mortgage, pledge or otherwise encumber such portion of the estate or any trust as may be required to obtain the loan or loans and to renew the loans.
Nev. Rev. Stat. § 163.4175 — NV Code / Title 13 / Chapter 163 / Section 163.4175
Trustee not required to consider certain factors with regard to distribution of trust assets
Status: in_force

Except as otherwise provided in the trust instrument, the trustee is not required to consider a beneficiary's assets or resources in determining whether to make a distribution of trust assets.
Nev. Rev. Stat. § 162B.250 — NV Code / Title 13 / Chapter 162B / Section 162B.250
Power to revoke or amend
Status: in_force

A donor may revoke or amend a power of appointment only to the extent that:

1. The instrument creating the power is revocable by the donor; or

2. The donor reserves a power of revocation or amendment in the instrument creating the power of appointment.
Nev. Rev. Stat. § 166A.240 — NV Code / Title 13 / Chapter 166A / Section 166A.240
General powers of custodial trustee
Status: in_force

1. A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property which an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights and powers in a fiduciary capacity only.

2. This section does not relieve a custodial trustee from liability for a violation of NRS 166A.230 .
Nev. Rev. Stat. § 159.097 — NV Code / Title 13 / Chapter 159 / Section 159.097
Voidable contracts and transactions of protected person
Status: in_force

Any contract, except to the extent of the reasonable value of necessaries, and any transaction with respect to the property of a protected person made by the protected person are voidable by the guardian of the estate if such contract or transaction was made at any time by the protected person while he or she was incapacitated or a minor.
Nev. Rev. Stat. § 159.1993 — NV Code / Title 13 / Chapter 159 / Section 159.1993
International application of Act
Status: in_force

A court of this State may treat a foreign country as if it were a state for the purpose of applying NRS 159.1991 to 159.2029 , inclusive.
Nev. Rev. Stat. § 165.141 — NV Code / Title 13 / Chapter 165 / Section 165.141
Written demand for account by beneficiary: Acceptance or rejection of demand by trustee; limitations on right to demand account
Status: in_force

A beneficiary who has not otherwise been provided with an account pursuant to this chapter may send a written demand for an account to the trustee in accordance with the following procedure:

1. The demand on the trustee must be sent to the trustee or to the trustee's attorney of record and the demand must include, without limitation: (a) The identity of the demanding beneficiary, including the beneficiary's mailing address or the address of the beneficiary's attorney; (b) The accounting period for which an account is demanded; and (c) The nature and extent of the account demanded and the legal basis for the demand.

2. Within 14 days after the trustee has received a demand for an account from a beneficiary, the trustee shall notify the demanding beneficiary of the trustee's acceptance or rejection of the demand or that the trustee intends to seek instructions from the court pursuant to subsection 2 of NRS 165.148 regarding the sufficiency of the demand or the right of the beneficiary to receive an account. The trustee shall: (a) Provide an account within 60 days after receipt of the demand, unless that time is modified by consent of the beneficiary or by order of the court if the trustee accepts the beneficiary's demand for an account; (b) Set forth the grounds for rejecting the beneficiary's demand for an account in the notice of rejection and inform the beneficiary that the beneficiary has 60 days in which to petition the court to review the rejection if the trustee rejects the beneficiary's demand for an account; or (c) File a petition with the court pursuant to NRS 164.015 seeking instructions from the court pursuant to subsection 2 of NRS 165.148 regarding the sufficiency of the demand or the right of the beneficiary to receive an account within 15 days after the receipt of the demand if the trustee intends to seek instructions from the court.

3. The demand by the beneficiary and the notice of the trustee's action thereon must be delivered by first-class mail, personal delivery or commercial carrier. If delivery of the demand or of the notice is in dispute, proof of delivery may be established by a return receipt or other proof of delivery provided by the person making the delivery or by affidavit of the person who arranged for the delivery setting forth the delivery address, the method of delivery arranged for and the actions taken by that person to arrange for the delivery.

4. If the trustee fails to accept, reject or seek instructions concerning a beneficiary's demand for an account as required by subsection 2, the beneficiary's demand shall be deemed rejected.

5. A beneficiary is not entitled to demand an account pursuant to this section if the accounting period for which the demand is made is deemed final pursuant to subsection 4 of NRS 165.1214 .
Nev. Rev. Stat. § 159.041 — NV Code / Title 13 / Chapter 159 / Section 159.041
Transfer of proceedings to another county
Status: in_force

A court having before it any guardianship matter for a protected person or proposed protected person whose home state is this State may transfer the matter to another county in the interest of the protected person or proposed protected person or, if not contrary to the interest of the protected person or proposed protected person, for the convenience of the guardian. A petition for the transfer, setting forth the reasons therefor, may be filed in the guardianship proceeding. If the court is satisfied that the transfer is in the interest of the protected person or proposed protected person or, if not contrary to the interest of the protected person or proposed protected person, for the convenience of the guardian, the court shall make an order of transfer and cause a transcript of the proceedings in the matter, all original papers filed in such proceedings and the original bond filed by the guardian, to be certified by the clerk of the court originally hearing the matter and sent to the clerk of the court of the other county. Upon receipt of the transcript, papers and bond, and the filing of them for record, the court of the other county has complete jurisdiction of the matter, and thereafter all proceedings shall be as though they were commenced in that court.
Nev. Rev. Stat. § 167.035 — NV Code / Title 13 / Chapter 167 / Section 167.035
Validity of transfer
Status: in_force

The validity of a transfer made in a manner prescribed in this chapter is not affected by:

1. The failure of the transferor to comply with the provisions of NRS 167.030 concerning possession and control;

2. The designation of an ineligible custodian, except the designation of the transferor in the case of property for which the transferor is ineligible to serve as custodian under subsection 1 of NRS 167.030 ; or

3. The death or incapacity of a person nominated or designated as custodian or the disclaimer of the office by that person.
Nev. Rev. Stat. § 159.089 — NV Code / Title 13 / Chapter 159 / Section 159.089
Possession of and title to property of protected person; guardian to secure certain documents
Status: in_force

1. A guardian of the estate shall take possession of: (a) All of the property of substantial value of the protected person; (b) Rents, income, issues and profits from the property, whether accruing before or after the appointment of the guardian; and (c) The proceeds from the sale, mortgage, lease or other disposition of the property.

2. The guardian may permit the protected person to have possession and control of the personal property and funds as are appropriate to the needs and capacities of the protected person.

3. The title to all property of the protected person is in the protected person and not in the guardian.

4. A guardian shall secure originals, when available, or copies of any: (a) Contract executed by the protected person; (b) Power of attorney executed by the protected person; (c) Estate planning document prepared by the protected person, including, without limitation, a last will and testament, durable power of attorney and revocable trust of the protected person; (d) Revocable or irrevocable trust in which the protected person has a vested interest as a beneficiary; and (e) Writing evidencing a present or future vested interest in any real or intangible property.
Nev. Rev. Stat. § 162A.210 — NV Code / Title 13 / Chapter 162A / Section 162A.210
Power of attorney is durable; exceptions
Status: in_force

A power of attorney created under NRS 162A.200 to 162A.660 , inclusive, is durable unless it expressly provides that it is terminated by the incapacity of the principal.
Nev. Rev. Stat. § 159A.165 — NV Code / Title 13 / Chapter 159A / Section 159A.165
Lease of mining claim or mineral rights; option to purchase
Status: in_force

1. If the property to be leased consists of mining claims, an interest in the mining claims, property worked as a mine or lands containing oil, gas, steam, gravel or any minerals, the court may authorize the guardian to enter into a lease which provides for payment by the lessee of a royalty, in money or in kind, in lieu of a fixed rental. The court may also authorize the guardian to enter into a lease which provides for a pooling agreement or authorizes the lessee to enter into pooling or other cooperative agreements with lessees, operators or owners of other lands and minerals for the purpose of bringing about the cooperative development and operation of any mine, oil field or other unit of which the protected minor's property is a part.

2. If the proposed lease contains an option to purchase, and the property to be sold under the option consists of mining claims, property worked as a mine, or interests in oil, gas, steam, gravel or any mineral, which has a speculative or undefined market value, the court may authorize the guardian to enter into such a lease and sales agreement or give an option to purchase without requiring the property to be sold at public auction or by private sale in the manner required by this chapter for sales of other real property.

3. If the petition filed pursuant to this section requests authority to enter into a lease with an option to purchase, in addition to the notice required by NRS 159A.034 , the guardian shall publish a copy of the notice at least twice, the first publication to be at least 10 days before the date set for the hearing and the second publication to be not earlier than 7 days after the date of the first publication. The notice must be published in: (a) A newspaper that is published in the county where the property is located; or (b) If no newspaper is published in the county where the property is located, a newspaper of general circulation in that county which is designated by the court.
Nev. Rev. Stat. § 162.140 — NV Code / Title 13 / Chapter 162 / Section 162.140
Uniformity of interpretation
Status: in_force

NRS 162.010 to 162.140 , inclusive, shall be so interpreted and construed as to effectuate their general purpose to make uniform the law of those states which enact them.
Nev. Rev. Stat. § 166A.110 — NV Code / Title 13 / Chapter 166A / Section 166A.110
“Legal representative” defined
Status: in_force

“ Legal representative ” means a personal representative or conservator.
Nev. Rev. Stat. § 160.020 — NV Code / Title 13 / Chapter 160 / Section 160.020
Definitions
Status: in_force

As used in this chapter:

1. “Benefits” means all money payable by the United States through the Department of Veterans Affairs.

2. “Department of Veterans Affairs” means the Department of Veterans Affairs, its predecessors or successors.

3. “Estate” and “income” include only money received by the guardian from the Department of Veterans Affairs and all earnings, interest and profits derived therefrom.

4. “Guardian” means any person acting as a fiduciary for a ward.

5. “Secretary” means the Secretary of Veterans Affairs of the United States or the Secretary’s successor.

6. “Ward” means a beneficiary of the Department of Veterans Affairs.
Nev. Rev. Stat. § 159.054 — NV Code / Title 13 / Chapter 159 / Section 159.054
Finding and order of court upon petition: Dismissal of petition; appointment of special or general guardian
Status: in_force

1. If the court finds that the proposed protected person is not incapacitated and is not in need of a guardian, the court shall dismiss the petition.

2. If the court finds that the proposed protected person is of limited capacity and is in need of a special guardian, the court shall enter an order accordingly and specify the powers and duties of the special guardian.

3. If the court finds that appointment of a general guardian is required, the court shall appoint a general guardian of the person, estate, or person and estate of the proposed protected person.
Nev. Rev. Stat. § 159.375 — NV Code / Title 13 / Chapter 159 / Section 159.375
Appeals to appellate court of competent jurisdiction
Status: in_force

In addition to any order from which an appeal is expressly authorized pursuant to this chapter, an appeal may be taken to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution within 30 days after its notice of entry from an order:

1. Granting or revoking letters of guardianship.

2. Directing or authorizing the sale or conveyance, or confirming the sale, of property of the estate of a protected person.

3. Settling an account.

4. Ordering or authorizing a guardian to act pursuant to NRS 159.113 .

5. Ordering or authorizing the payment of a debt, claim, devise, guardian's fees or attorney's fees.

6. Determining ownership interests in property.

7. Granting or denying a petition to enforce the liability of a surety.

8. Granting or denying a petition for modification or termination of a guardianship.

9. Granting or denying a petition for removal of a guardian or appointment of a successor guardian.
Nev. Rev. Stat. § 162B.230 — NV Code / Title 13 / Chapter 162B / Section 162B.230
Exception to presumption of unlimited authority
Status: in_force

Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:

1. The power is exercisable only at the powerholder's death; and

2. The permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors or the creditors of the powerholder's estate.
Nev. Rev. Stat. § 164.130 — NV Code / Title 13 / Chapter 164 / Section 164.130
Transfer by court to district court in this State or court outside Nevada
Status: in_force

Upon petition by any trustee or beneficiary, a court having jurisdiction of a trust may transfer supervision of the trust to:

1. Any district court within the State, or to any court outside Nevada which accepts jurisdiction over the trust, when the convenience of beneficiaries, trustees, attorneys or other interested persons makes a transfer desirable.

2. A district court within this State having jurisdiction of the guardianship of a protected person who is currently a beneficiary of the trust and is receiving or is entitled to receive distributions, if the district court has not assumed jurisdiction pursuant to NRS 159.339 or 159A.339 .
Nev. Rev. Stat. § 162B.030 — NV Code / Title 13 / Chapter 162B / Section 162B.030
“Donor” defined
Status: in_force

“ Donor ” means a person that creates a power of appointment.
Nev. Rev. Stat. § 159A.048 — NV Code / Title 13 / Chapter 159A / Section 159A.048
Contents of citation; appointment of attorney, guardian ad litem or advocate for best interests of proposed protected minor during proceedings on citation
Status: in_force

The citation issued pursuant to NRS 159A.047 must state that:

1. A guardian may be appointed for the proposed protected minor;

2. The rights of the proposed protected minor and of any person having legal or physical custody of the proposed protected minor may be affected as specified in the petition;

3. The proposed protected minor has the right to appear at the hearing and to oppose the petition;

4. The proposed protected minor has the right to be represented by an attorney; and 5. At any time during proceedings on the citation, the court may appoint for the proposed protected minor: (a) An attorney. (b) A guardian ad litem or an advocate for the best interests of the proposed protected minor pursuant to NRS 159A.0455 .
Nev. Rev. Stat. § 159A.1875 — NV Code / Title 13 / Chapter 159A / Section 159A.1875
Approval of resignation of guardian of person
Status: in_force

1. Before the court approves the resignation of a guardian of the person and discharges the guardian, the court shall appoint a successor guardian.

2. If a protected minor has more than one guardian, the court may approve the resignation of one of the guardians if the remaining guardian or guardians are qualified to act alone.
Nev. Rev. Stat. § 159.039 — NV Code / Title 13 / Chapter 159 / Section 159.039
Proceedings commenced in more than one county
Status: in_force

1. If proceedings for the appointment of a guardian for the same proposed protected person are commenced in more than one county in this State, and the home state of the proposed protected person is this State, they shall be stayed, except in the county where first commenced, until final determination of venue in that county. If the proper venue is finally determined to be in another county, the court shall cause a transcript of the proceedings and all original papers filed therein, all certified by the clerk of the court, to be sent to the clerk of the court of the proper county.

2. A proceeding is considered commenced by the filing of a petition.

3. The proceedings first legally commenced for the appointment of a guardian of the estate or of the person and estate extends to all the property of the proposed protected person which is in this state.
Nev. Rev. Stat. § 164.680 — NV Code / Title 13 / Chapter 164 / Section 164.680
Uniformity of application and construction
Status: in_force

In applying and construing the Uniform Prudent Management of Institutional Funds Act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
Nev. Rev. Stat. § 165.149 — NV Code / Title 13 / Chapter 165 / Section 165.149
Limitations on duties and liability of person with power of appointment
Status: in_force

Except as otherwise provided in a trust instrument, a person holding a power of appointment pursuant to a nontestamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect to the exercise or nonexercise of the power of appointment.
Nev. Rev. Stat. § 162B.105 — NV Code / Title 13 / Chapter 162B / Section 162B.105
Governing law
Status: in_force

Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

1. The creation, revocation or amendment of the power is valid if permitted under any of: (a) The governing law adopted by the instrument creating the power; or (b) The law of the donor's domicile at the relevant time; and

2. The exercise, release or disclaimer of the power, or the revocation or amendment of the exercise, release or disclaimer of the power, is valid if permitted under any of: (a) The governing law adopted by the instrument creating the power; (b) The governing law adopted by the instrument exercising, releasing or disclaiming the power, or revoking or amending the exercise, release or disclaimer of the power; or (c) The law of the powerholder's domicile at the relevant time.
Nev. Rev. Stat. § 159A.034 — NV Code / Title 13 / Chapter 159A / Section 159A.034
Notice by petitioner: To whom required; manner for providing; waiver of requirement; proof of giving filed with court
Status: in_force

1. Except as otherwise provided in this section, by specific statute or as ordered by the court, a petitioner in a guardianship proceeding shall give notice of the time and place of the hearing on any petition filed in the guardianship proceeding to: (a) Any protected minor who is 14 years of age or older, regardless of whether the protected minor is considered to have the capacity to understand or appreciate the contents of the petition. (b) The parent or legal guardian of any protected minor who is less than 14 years of age. (c) All known relatives of the protected minor who are within the second degree of consanguinity. (d) Any other interested person or the person's attorney who has filed a request for notice in the guardianship proceedings and has served a copy of the request upon the guardian. The request for notice must state the interest of the person filing the request and the person's name and address, or that of his or her attorney. (e) The guardian, if the petitioner is not the guardian. (f) Any person or care provider who is providing care for the protected minor, except that if the person or care provider is not related to the protected minor, such person or care provider must not receive copies of any inventory or accounting. (g) The Director of the Department of Health and Human Services if the protected minor has received or is receiving benefits from Medicaid. (h) Those persons entitled to notice if a proceeding were brought in the protected minor's home state.

2. The petitioner shall give notice not later than 10 days before the date set for the hearing: (a) By mailing a copy of the notice by certified, registered or ordinary first-class mail to the residence, office or post office address of each person required to be notified pursuant to this section; (b) By personal service; or (c) In any other manner ordered by the court, upon a showing of good cause.

3. Except as otherwise provided in this subsection, if none of the persons entitled to notice of a hearing on a petition pursuant to this section can, after due diligence, be served by certified mail or personal service and this fact is proven by affidavit to the satisfaction of the court, service of the notice must be made by publication in the manner provided by the Nevada Rules of Civil Procedure. In all such cases, the notice must be published not later than 10 days before the date set for the hearing. If, after the appointment of a guardian, a search for relatives of the protected minor listed in paragraph (c) of subsection 1 fails to find any such relative, the court may waive the notice by publication required by this subsection.

4. For good cause shown, the court may waive the requirement of giving notice.

5. A person entitled to notice pursuant to this section may waive such notice. Such a waiver must be in writing and filed with the court.

6. On or before the date set for the hearing, the petitioner shall file with the court proof of giving notice to each person entitled to notice pursuant to this section.
Nev. Rev. Stat. § 159.028 — NV Code / Title 13 / Chapter 159 / Section 159.028
Terms: “Writing” or “written”
Status: in_force

As used in this chapter, unless the context otherwise requires, when the term “ writing ” or “ written ” is used in reference to a will or instrument, the term includes an electronic will as defined in NRS 132.119 and an electronic trust as defined in NRS 163.0015 .
Nev. Rev. Stat. § 164.067 — NV Code / Title 13 / Chapter 164 / Section 164.067
Power to sell, convey or encumber
Status: in_force

1. When title to real or personal property is taken in the name of a trustee, the trustee has the power to sell, convey or encumber that property unless the deed or conveyance to the trustee specifically limits the power of the trustee to do so.

2. This section applies to property acquired by a trustee on or after July 1, 1979.
Nev. Rev. Stat. § 159A.115 — NV Code / Title 13 / Chapter 159A / Section 159A.115
Notice of hearing of petition or account
Status: in_force

1. Except as otherwise ordered by the court, upon the filing of any petition under NRS 159A.078 or 159A.113 , or any account, notice must be given to the protected minor and the persons specified in NRS 159A.034 in the manner prescribed by that section.

2. The notice must: (a) Give the name of the protected minor. (b) Give the name of the petitioner. (c) Give the date, time and place of the hearing. (d) State the nature of the petition. (e) Refer to the petition for further particulars, and notify all persons interested to appear at the time and place mentioned in the notice and show cause why the court order should not be made.
Nev. Rev. Stat. § 166A.040 — NV Code / Title 13 / Chapter 166A / Section 166A.040
“Beneficiary” defined
Status: in_force

“ Beneficiary ” means an individual for whom property has been transferred to or held under a declaration of trust by a custodial trustee for the individual's use and benefit under this chapter.
Nev. Rev. Stat. § 163.030 — NV Code / Title 13 / Chapter 163 / Section 163.030
Loan of money held in trust
Status: in_force

1. Except as provided in NRS 163.040 , no corporate trustee shall lend trust funds to itself or an affiliate, or to any director, officer, or employee of itself or of an affiliate.

2. Except as otherwise: (a) Provided in a trust instrument and: (1) Consented to by all beneficiaries of the trust; or (2) Performed in accordance with a notice of a proposed action provided pursuant to NRS 164.725 ; or (b) Approved by a court, a noncorporate trustee, including a limited-liability company, shall not lend trust funds to itself, himself or herself, or to a relative, employer, employee, partner, member or other business associate.
Nev. Rev. Stat. § 162B.600 — NV Code / Title 13 / Chapter 162B / Section 162B.600
Uniformity of application and construction
Status: in_force

In applying and construing this uniform act, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it.
Nev. Rev. Stat. § 163.555 — NV Code / Title 13 / Chapter 163 / Section 163.555
Action authorized upon incapacity or death of settlor
Status: in_force

If the instrument provides, a directed fiduciary may continue to follow the direction of a directing trust adviser upon the incapacity or death of the settlor of the trust.
Nev. Rev. Stat. § 159.157 — NV Code / Title 13 / Chapter 159 / Section 159.157
Lease of property of protected person
Status: in_force

A guardian of the estate may lease any real property of the protected person or any interest in real property:

1. Without securing prior court approval, where the tenancy is from month to month or for a term not to exceed 1 year and the reasonable fixed rental for the property or the proportionate interest of the protected person in such rental does not exceed $250 per month.

2. With prior approval of the court by order, for such period of time as may be authorized by the court, not exceeding any time limitation prescribed by law, and upon such terms and conditions as the court may approve.
Nev. Rev. Stat. § 163.250 — NV Code / Title 13 / Chapter 163 / Section 163.250
Uniformity of interpretation
Status: in_force

This section and NRS 163.220 and 163.230 shall be so construed as to effectuate their general purpose to make uniform the law of those states which enact them.
Nev. Rev. Stat. § 164.100 — NV Code / Title 13 / Chapter 164 / Section 164.100
Uniformity of interpretation
Status: in_force

NRS 164.070 to 164.100 , inclusive, must be so interpreted and construed as to effectuate their general purpose to make uniform the law of those states which enact them.
Nev. Rev. Stat. § 163.5548 — NV Code / Title 13 / Chapter 163 / Section 163.5548
Circumstances under which fiduciary is "directed fiduciary"
Status: in_force

For the purposes of NRS 163.553 to 163.557 , inclusive, a fiduciary is a “directed fiduciary” with respect to any action that the fiduciary:

1. Has no power to take under the terms of the governing instrument;

2. Is mandated by the governing instrument and for which the fiduciary has no discretion to act otherwise; and

3. Is directed to take or prohibited from taking by a directing trust adviser.
Nev. Rev. Stat. § 163.419 — NV Code / Title 13 / Chapter 163 / Section 163.419
Discretionary interest: Beneficiary does not have enforceable right to distribution; court review; trustee’s powers and duties
Status: in_force

Except as otherwise provided in the trust instrument, with respect to a discretionary interest as described in NRS 163.4185 :

1. A beneficiary who has a discretionary interest in a trust does not have an enforceable right to a distribution from the trust, and a court may review a trustee's exercise of discretion concerning a discretionary interest only if the trustee acts dishonestly, with bad faith or willful misconduct.

2. A trustee given discretion in a trust instrument that is described as sole, absolute, uncontrolled, unrestricted or unfettered discretion, or with similar words, has no duty to act reasonably in the exercise of that discretion.

3. Absent express language in a trust to the contrary, if a discretionary interest permits unequal distributions between beneficiaries or to the exclusion of other beneficiaries, the trustee may distribute all of the undistributed income and principal to one beneficiary in the trustee's discretion.

4. Regardless of whether a beneficiary has an outstanding creditor, a trustee of a discretionary interest may directly pay any expense on the beneficiary's behalf and may exhaust the income and principal of the trust for the benefit of such beneficiary.
Nev. Rev. Stat. § 159.193 — NV Code / Title 13 / Chapter 159 / Section 159.193
Winding up affairs
Status: in_force

1. The guardian of the estate is entitled to retain possession of the property of the protected person already in the control of the guardian and is authorized to perform the duties of the guardian to wind up the affairs of the guardianship: (a) Except as otherwise provided in paragraph (b), (c) or (d), for not more than 180 days or a period that is reasonable and necessary as determined by the court after the termination of the guardianship; (b) Except as otherwise provided in paragraph (d), for not more than 90 days after the date of the appointment of a personal representative of the estate of a deceased protected person; (c) Except as otherwise provided in paragraph (d), for not more than 90 days after the date of the appointment of a successor trustee of a trust of the deceased protected person and upon request by the trustee; or (d) Upon approval of the court, for more than 180 days or 90 days, as applicable, if the guardian is awaiting certification from the appropriate authority acknowledging that the guardian has no further liability for taxes on the estate.

2. To wind up the affairs of the guardianship, the guardian shall: (a) Pay all expenses of administration of the guardianship estate, including those incurred in winding up the affairs of the guardianship. (b) Complete the performance of any contractual obligations incurred by the guardianship estate. (c) With prior approval of the court, continue any activity that: (1) The guardian believes is appropriate and necessary; or (2) Was commenced before the termination of the guardianship. (d) If the guardianship is terminated for a reason other than the death of the protected person, examine and allow and pay, or reject, all claims presented to the guardian prior to the termination of the guardianship for obligations incurred prior to the termination.

3. If the assets are transferred to a personal representative or a successor trustee as provided for in paragraphs (b) and (c) of subsection 1, the court may authorize the guardian to retain sufficient assets to pay any anticipated expenses and taxes of the guardianship estate.
Nev. Rev. Stat. § 164.645 — NV Code / Title 13 / Chapter 164 / Section 164.645
“Charitable purpose” defined
Status: in_force

“ Charitable purpose ” means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose or any other purpose the achievement of which is beneficial to the community.
Nev. Rev. Stat. § 162A.460 — NV Code / Title 13 / Chapter 162A / Section 162A.460
Grant of general authority; incorporation of authority; authority of principal to act continues after execution
Status: in_force

1. Except as otherwise provided in NRS 162A.450 , if a power of attorney grants to an agent authority to do all acts that a principal could do or refers to general authority or cites a section of NRS 162A.200 to 162A.660 , inclusive, in which the authority is described, the agent has the general authority described in NRS 162A.200 to 162A.660 , inclusive.

2. A reference in a power of attorney to any part of a section in NRS 162A.200 to 162A.660 , inclusive, incorporates the entire section as if it were set out in full in the power of attorney.

3. A principal may modify authority incorporated by reference.

4. Except as otherwise provided in NRS 162A.450 , if the subjects over which authority is granted in a power of attorney are similar or overlap, the broadest authority controls.

5. Authority granted in a power of attorney is exercisable with respect to property that the principal has when the power of attorney is executed or acquires later, whether or not the property is located in this State and whether or not the authority is exercised or the power of attorney is executed in this State.

6. An act performed by an agent pursuant to a power of attorney has the same effect and inures to the benefit of and binds the principal and the principal's successors in interest as if the principal had performed the act.

7. Except as otherwise expressly provided in a power of attorney, the authority of a principal to act on his or her own behalf continues after executing a power of attorney and any decision or instruction communicated by the principal supersedes any inconsistent decision or instruction communicated by an agent pursuant to a power of attorney.
Nev. Rev. Stat. § 164.825 — NV Code / Title 13 / Chapter 164 / Section 164.825
Allocation of money received from entity to income; allocation of receipts from entity to principal; determination of money as return of capital; reliance upon financial statements and other information about character of distribution or source of funds from which distribution is made
Status: in_force

1. As used in this section, “ entity ” means a corporation, partnership, limited-liability company, regulated investment company, real estate investment trust, common trust fund or any other organization in which a trustee has an interest other than a trust or estate to which NRS 164.830 applies, a business or activity to which NRS 164.835 applies or an asset-backed security to which NRS 164.895 applies.

2. Except as otherwise provided in this section, a trustee shall allocate to income money received from an entity.

3. A trustee shall allocate the following receipts from an entity to principal: (a) Property other than money; (b) Money received in one distribution or a series of related distributions in exchange for part or all of a trust's interest in the entity; (c) Money received in a distribution if and to the extent that the trustee determines that the distribution is a return of capital; and (d) Money received from an entity that is a regulated investment company or a real estate investment trust if the money distributed is a capital gain dividend for federal income tax purposes.

4. A trustee may determine that money is received as a return of capital if and to the extent that the money received exceeds the total amount of income tax that the beneficiaries must pay on their respective shares of the taxable income of the entity and the trust must pay from income under NRS 164.810 to 164.925 , inclusive, on its share of the taxable income of the entity. A trustee may determine that money which represents gain upon the sale or other disposition of property described in subsection 5 is a return of capital.

5. In determining if and to what extent a distribution is a return of capital, a trustee may rely upon and determine the weight to be given to any information concerning the source of the money from which the distribution is made which is reasonably available to the trustee, including, without limitation, information concerning: (a) The amount of the distribution in question compared to the amount of the entity's regular, periodic distributions, if any, during the year in which the distribution is made and in prior years; (b) If the primary activity of the entity is not an investment activity described in paragraph (c), the amount of money the entity has received from the conduct of its normal business activities compared to the amount of money the entity has received from all other sources, including, without limitation: (1) The sale of all or part of a business conducted by the entity or by another entity in which it owns an interest, directly or indirectly, including, without limitation, money representing any gain realized on such a sale; (2) The sale of one or more business assets that are not sold to customers in the normal course of the entity's business, including, without limitation, money representing any gain realized on such a sale; and (3) The sale of one or more investment assets, including, without limitation, money representing any gain realized on such a sale; (c) If the primary activity of the entity is to invest funds in another entity or in investment property that the entity owns directly for the purpose of realizing gain on the disposition of all or a part of such an investment, the amount of money that the entity has received from the sale of all or part of one or more of those investments, including, without limitation, money representing any gain realized on such a disposition; (d) The amount of money the entity has accumulated, to the extent that the governing body of the entity has decided the money is no longer needed for the business or investment needs of the entity; (e) The amount of income tax, if any, that each beneficiary has paid on the undistributed income of the entity before the year of the distribution and the amount of income tax on the undistributed income of the entity that the trust has paid from the income or principal of the trust; (f) The amount of money the entity has borrowed, whether or not repayment of the loan is secured to any extent by one or more of the entity's assets; (g) The amount of money the entity has received from the sources described in NRS 164.855 , 164.870 , 164.875 and 164.880 ; and (h) The amount of money the entity has received from a source not described in this subsection.

6. If a trustee is in doubt about the portion of a distribution that is a return of capital, the trustee shall resolve the doubt by allocating to income the amount, if any, the trustee believes is clearly not a return of capital and by allocating the balance of the distribution to principal.

7. A trustee may rely upon, without independent investigation, the financial statements of an entity and any other information provided by an entity about the character of a distribution or the source of funds from which the distribution is made if the information is provided at or near the time of distribution by the entity's board of directors or other person or group of persons authorized to exercise powers to pay money or transfer property comparable to those of a corporation's board of directors. The trustee is not bound by any statement made or implied by the entity about the extent to which a distribution is or is not a return of capital. If the trustee receives additional information about the distribution after the trustee has decided the amount that is a return of capital, the trustee is not required to change that decision.
Nev. Rev. Stat. § 162B.090 — NV Code / Title 13 / Chapter 162B / Section 162B.090
“Specific-exercise clause” defined
Status: in_force

“ Specific-exercise clause ” means a clause in an instrument which specifically refers to and exercises a particular power of appointment.
Nev. Rev. Stat. § 164.720 — NV Code / Title 13 / Chapter 164 / Section 164.720
Trust having two or more beneficiaries; impartial administration of trust or estate
Status: in_force

1. If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust property, taking into account any differing interests of the beneficiaries.

2. In exercising the power to adjust under NRS 164.795 or 164.796 or a discretionary power of administration regarding a matter within the scope of NRS 164.780 to 164.925 , inclusive, whether granted by the terms of a trust, a will or NRS 164.780 to 164.925 , inclusive, a fiduciary shall administer a trust or estate impartially, based on what is fair and reasonable to all the beneficiaries, except to the extent that the terms of the trust or the will clearly manifest an intention that the fiduciary shall or may favor one or more of the beneficiaries. A determination in accordance with NRS 164.780 to 164.925 , inclusive, is presumed to be fair and reasonable to all the beneficiaries.
Nev. Rev. Stat. § 167.027 — NV Code / Title 13 / Chapter 167 / Section 167.027
Transfer not authorized in will or trust; transfer by conservator
Status: in_force

1. A personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to the provisions of this chapter, in the absence of a will or under a will or trust that does not contain an authorization to do so.

2. A conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to the provisions of this chapter.

3. A transfer made pursuant to this section may be made only if: (a) The personal representative, trustee or conservator considers the transfer to be in the best interest of the minor; (b) The transfer is not prohibited by or inconsistent with the provisions of the applicable will, trust agreement or other governing instrument; and (c) The transfer is authorized by the court if it exceeds $10,000 in value.
Nev. Rev. Stat. § 167.085 — NV Code / Title 13 / Chapter 167 / Section 167.085
Claims against custodial property; liability of custodian and minor
Status: in_force

1. A claim based on: (a) A contract entered into by a custodian acting in a custodial capacity; (b) An obligation arising from the ownership or control of custodial property; or (c) A tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in his or her custodial capacity, whether or not the custodian or the minor is personally liable therefor.

2. A custodian is not personally liable: (a) On a contract properly entered into in his or her custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or (b) For an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault.

3. A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.
Nev. Rev. Stat. § 159A.086 — NV Code / Title 13 / Chapter 159A / Section 159A.086
Guardian of estate to cause appraisal or valuation of assets of guardianship estate; record or statement in lieu of appraisal
Status: in_force

1. Except as otherwise provided in subsection 2, the guardian of an estate shall cause an appraisal or valuation of any asset of a guardianship estate to be conducted by a disinterested appraiser, certified public accountant or expert in valuation and file the appraisal or valuation with the court.

2. In lieu of an appraisal, the guardian may file: (a) A verified record of value of an asset where the value of the asset can be determined with reasonable certainty, including, without limitation: (1) Money, deposits in banks, bonds, policies of life insurance or securities for money, when equal in value to cash; and (2) Personal property, including, without limitation, household goods, if the combined value of the personal property does not exceed $5,000. (b) A statement of the assessed value of real property as determined by the county assessor for tax purposes, except that if the real property is to be sold, the guardian must file an appraisal.
Nev. Rev. Stat. § 162B.095 — NV Code / Title 13 / Chapter 162B / Section 162B.095
“Taker in default of appointment” defined
Status: in_force

“ Taker in default of appointment ” means a person that takes all or part of the appointive property to the extent the powerholder does not effectively exercise the power of appointment.
Nev. Rev. Stat. § 162A.815 — NV Code / Title 13 / Chapter 162A / Section 162A.815
Acceptance and reliance upon acknowledged power of attorney
Status: in_force

1. A physician, an advanced practice registered nurse, a health care facility or other provider of health care that in good faith accepts an acknowledged power of attorney for health care without actual knowledge that the signature is not genuine may rely upon the presumption that the signature is genuine.

2. A physician, an advanced practice registered nurse, a health care facility or other provider of health care that in good faith accepts an acknowledged power of attorney for health care without actual knowledge that the power of attorney for health care is void, invalid or terminated, or that the purported agent's authority is void, invalid or terminated, may rely upon the power of attorney for health care as if the power of attorney for health care were genuine, valid and still in effect, and the agent's authority was genuine, valid and still in effect.

3. A physician, an advanced practice registered nurse, a health care facility or other provider of health care that in good faith accepts an acknowledged power of attorney for health care is not subject to civil or criminal liability or discipline for unprofessional conduct for giving effect to a declaration contained within the power of attorney for health care or for following the direction of an agent named in the power of attorney for health care.
Nev. Rev. Stat. § 159A.1667 — NV Code / Title 13 / Chapter 159A / Section 159A.1667
Petition for confirmation of proceedings concerning agreement: When required; notice; hearing
Status: in_force

1. If the purchaser or option holder complies with the terms of an agreement approved by the court pursuant to NRS 159A.1657 and has made all payments according to the terms of the agreement, the guardian shall: (a) Make a return to the court of the proceedings; and (b) Petition the court for confirmation of the proceedings.

2. Notice must be given to the purchaser or option holder regarding the petition for confirmation.

3. The court: (a) Shall hold a hearing regarding the petition for confirmation; and (b) May order or deny confirmation of the proceedings and execution of the conveyances in the same manner and with the same effect as when the court orders or denies a confirmation of a sale of real property.
Nev. Rev. Stat. § 162A.030 — NV Code / Title 13 / Chapter 162A / Section 162A.030
“Agent” defined
Status: in_force

“ Agent ” means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact or otherwise. The term includes an original agent, co-agent, successor agent and a person to which an agent's authority is delegated.
Nev. Rev. Stat. § 163.490 — NV Code / Title 13 / Chapter 163 / Section 163.490
“Trust” defined
Status: in_force

“Trust” means an express trust created by a trust instrument, including a last will and testament.
Nev. Rev. Stat. § 163.310 — NV Code / Title 13 / Chapter 163 / Section 163.310
Receipt of additional property
Status: in_force

A fiduciary may receive additional property from any source and administer such additional property as a portion of the appropriate trust or estate under the management of the fiduciary, but may not be required to receive such property without his or her consent.
Nev. Rev. Stat. § 163.4155 — NV Code / Title 13 / Chapter 163 / Section 163.4155
“Distribution interest” defined
Status: in_force

“ Distribution interest ” means a present or future interest in trust income or principal, which may be a mandatory, support or discretionary interest, held by a distribution beneficiary.
Nev. Rev. Stat. § 162A.300 — NV Code / Title 13 / Chapter 162A / Section 162A.300
Agent’s acceptance of appointment
Status: in_force

Except as otherwise provided in the power of attorney, a person accepts appointment as an agent under a power of attorney by exercising authority or performing duties as an agent or by any other assertion or conduct indicating acceptance.
Nev. Rev. Stat. § 163.565 — NV Code / Title 13 / Chapter 163 / Section 163.565
Effect of divorce or annulment of marriage of settlor on revocable inter vivos trust
Status: in_force

Divorce or annulment of the marriage of a settlor revokes every devise, beneficial interest or designation to serve as trustee given by the settlor to the former spouse of the settlor in a revocable inter vivos trust executed before the entry of the decree of divorce or annulment unless otherwise:

1. Provided in a property or separation agreement that is approved by the court in the divorce or annulment proceedings; or

2. Ordered by the court in the divorce or annulment proceedings,

and the revocable inter vivos trust provisions take effect in the same manner as if the spouse had predeceased the trustor.
Nev. Rev. Stat. § 159A.061 — NV Code / Title 13 / Chapter 159A / Section 159A.061
Preference for appointment of parent as guardian for proposed protected minor; exception; other considerations in determining qualifications and suitability of guardian
Status: in_force

1. The parents of a proposed protected minor, or either parent, if qualified and suitable, are preferred over all others for appointment as guardian for the person or estate or person and estate of the proposed protected minor. The appointment of a parent as guardian for the person or estate of a proposed protected minor must not conflict with a valid order for custody of the proposed protected minor.

2. Except as otherwise provided in subsection 4, if a parent of a proposed protected minor files a petition seeking appointment as guardian for the proposed protected minor, the parent is presumed to be suitable to serve as guardian for the proposed protected minor.

3. In determining whether the parents of a proposed protected minor, or either parent, or any other person who seeks appointment as guardian for the proposed protected minor is qualified and suitable, the court shall consider, if applicable and without limitation: (a) Which parent has physical custody of the proposed protected minor; (b) The ability of the parents, parent or other person to provide for the basic needs of the proposed protected minor, including, without limitation, food, shelter, clothing and medical care, taking into consideration any special needs of the proposed protected minor; (c) Whether the parents, parent or other person has engaged in the habitual use of alcohol or any controlled substance during the previous 6 months, except the use of cannabis in accordance with the provisions of chapter 678C of NRS ; (d) Whether the parents, parent or other person has been convicted of a crime of moral turpitude, a crime involving domestic violence or a crime involving the abuse, neglect, exploitation, isolation or abandonment of a child, his or her spouse, his or her parent or any other adult; (e) Whether the parents, parent or other person has been convicted in this State or any other jurisdiction of a felony; and (f) Whether the parents, parent or other person has engaged in one or more acts of domestic violence against the proposed protected minor, a parent of the proposed protected minor or any other person who resides with the proposed protected minor.

4. A parent of a proposed protected minor is presumed to be unsuitable to care for the proposed protected minor if: (a) The parent is unable to provide for any or all of the basic needs of the proposed protected minor, including, without limitation: (1) Food; (2) Shelter; (3) Clothing; (4) Medical care; and (5) Education; (b) Because of action or inaction, the parent poses a significant safety risk of either physical or emotional danger to the proposed protected minor; or (c) The proposed protected minor has not been in the care, custody and control of the parent for the 6 months immediately preceding the filing of the petition. The presumption created by this paragraph is a rebuttable presumption.

5. Subject to the preference set forth in subsection 1 and except as otherwise provided in subsection 7, the court shall appoint as guardian the qualified person who is most suitable and is willing to serve.

6. In determining which qualified person is most suitable, the court shall, in addition to considering any applicable factors set forth in subsections 2, 3 and 4, give consideration, among other factors, to: (a) Any nomination of a guardian for the proposed protected minor contained in a will or other written instrument executed by a parent of the proposed protected minor. (b) Any request made by the proposed protected minor, if he or she is 14 years of age or older, for the appointment of a person as guardian for the proposed protected minor. (c) The relationship by blood or adoption of the proposed guardian to the proposed protected minor. In considering preferences of appointment, the court may consider relatives of the half blood equally with those of the whole blood. The court may consider relatives in the following order of preference: (1) Parent. (2) Adult sibling. (3) Grandparent. (4) Uncle or aunt. (d) Any recommendation made by a master of the court or special master pursuant to NRS 159A.0615 . (e) Any recommendation made by: (1) An agency which provides child welfare services, an agency which provides child protective services or a similar agency; or (2) A guardian ad litem or court appointed special advocate who represents the proposed protected minor. (f) Any request for the appointment of any other interested person that the court deems appropriate.

7. The court may award temporary guardianship pursuant to this section, supported by findings of suitability, pending a trial or evidentiary hearing if that appointment is supported by findings.

8. Notwithstanding the presumption set forth in subsection 4, in the event of competing petitions for the appointment of guardianship of a proposed protected minor, any finding of unsuitability of a parent of the proposed protected minor must be found by clear and convincing evidence after a hearing on the merits or an evidentiary hearing.

9. In determining whether to appoint a guardian of the person or estate of a proposed protected minor and who should be appointed, the court must always act in the best interests of the proposed protected minor.

10. A court shall not refuse to appoint a person as a guardian of the person or estate of a proposed protected minor solely because the person: (a) Is deaf, is blind or has another physical disability; or (b) Is the holder of a valid registry identification card.

11. As used in this section: (a) “ Agency which provides child welfare services ” has the meaning ascribed to it in NRS 432B.030 . (b) “ Blind ” has the meaning ascribed to it in NRS 426.082 . (c) “ Holder of a valid registry identification card ” means a person who holds a valid registry identification card as defined in NRS 678C.080 that identifies the person as: (1) Exempt from state prosecution for engaging in the medical use of cannabis; or (2) A designated primary caregiver as defined in NRS 678C.040 .
Nev. Rev. Stat. § 162A.700 — NV Code / Title 13 / Chapter 162A / Section 162A.700
Applicability
Status: in_force

NRS 162A.700 to 162A.870 , inclusive, apply to any power of attorney containing the authority to make health care decisions.
Nev. Rev. Stat. § 164.647 — NV Code / Title 13 / Chapter 164 / Section 164.647
“Endowment fund” defined
Status: in_force

“ Endowment fund ” means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.
Nev. Rev. Stat. § 159A.0355 — NV Code / Title 13 / Chapter 159A / Section 159A.0355
Facsimile of certain papers may be filed with court
Status: in_force

If a petition, notice, objection, consent, waiver or other paper may be filed, a true and correct facsimile of it may be filed, if the original is filed within a reasonable time or at such time prescribed by the court.
Nev. Rev. Stat. § 159.0443 — NV Code / Title 13 / Chapter 159 / Section 159.0443
Petition for expedited hearing for transfer of proposed protected person to appropriate health care facility; exception
Status: in_force

1. Except as otherwise provided in subsection 2, if a person who files a petition for the appointment of a guardian pursuant to NRS 159.044 reasonably believes that it is appropriate to discharge the proposed protected person from a health care facility for the purpose of transferring the proposed protected person to a more appropriate health care facility that provides a less restrictive level of care, the person must petition the court for an expedited hearing to determine the appropriateness of such a transfer upon a showing of good cause, as set forth in the petition for an expedited hearing. If a person files a petition for an expedited hearing pursuant to this subsection, he or she shall include, without limitation, the following information in the petition: (a) The name and address of the health care facility to which the proposed protected person will be transferred; (b) The level of care that will be provided by the health care facility to which the proposed protected person will be transferred; (c) The anticipated date of the transfer of the proposed protected person; (d) The source of payment that will be used to pay for the placement of the proposed protected person in the health care facility to which he or she will be transferred; and (e) A statement signed by the attending provider of health care of the proposed protected person and an independent physician that: (1) Verifies that the transfer of the proposed protected person is medically appropriate and advisable and is in the best interests of the proposed protected person; (2) Describes the way in which, given the condition and needs of the proposed protected person, the level of care that will be provided by the new health care facility is more appropriate for the care and treatment of the proposed protected person than the level of care provided by the health care facility in which the proposed protected person is currently placed; and (3) States specific facts and circumstances to demonstrate why the transfer of the proposed protected person to the new health care facility must occur in an expedited manner and cannot be delayed.

2. A person may not petition the court for an expedited hearing pursuant to subsection 1 if he or she believes that a proposed protected person should be transferred to: (a) A health care facility outside this State; (b) Except as otherwise provided in subsection 3, a health care facility outside the judicial district in which the petition for the appointment of a guardian is filed; or (c) A secured residential long-term care facility.

3. If a health care facility that offers the appropriate level of care for a proposed protected person does not exist in the judicial district in which the petition for the appointment of a guardian is filed, or if such a health care facility exists in the judicial district but is not available to accommodate the proposed protected person, the court may approve the placement of the proposed protected person in a health care facility outside the judicial district if the placement is in the health care facility offering the appropriate level of practicable care that is nearest to the place of residence of the proposed protected person.
Nev. Rev. Stat. § 164.920 — NV Code / Title 13 / Chapter 164 / Section 164.920
Payment of taxes required to be paid by trustee
Status: in_force

1. A tax required to be paid by a trustee based on receipts allocated to income must be paid from income.

2. A tax required to be paid by a trustee based on receipts allocated to principal must be paid from principal, even if the tax is called an income tax by the taxing authority.

3. A tax required to be paid by a trustee on the trust's share of an entity's taxable income must be paid: (a) From income to the extent that receipts from the entity are allocated only to income; (b) From principal to the extent that receipts from the entity are allocated only to principal; (c) Proportionately from principal and income to the extent that receipts from the entity are allocated to both income and principal; and (d) From principal to the extent that the tax exceeds the total receipts from the entity.

4. After applying the provisions of subsections 1, 2 and 3, the trustee shall adjust income or principal receipts to the extent that the taxes on the trust are reduced because the trust receives a deduction for payments made to a beneficiary.
Nev. Rev. Stat. § 159.1455 — NV Code / Title 13 / Chapter 159 / Section 159.1455
Confirmation by court of sale of real property of guardianship estate
Status: in_force

1. Except as otherwise provided in subsection 2, the court shall not confirm a sale of real property of a guardianship estate unless: (a) The court is satisfied that the amount offered represents the fair market value of the property to be sold; and (b) Except for a sale of real property pursuant to NRS 159.123 , the real property has been appraised within 1 year before the date of the sale. If the real property has not been appraised within this period, a new appraisal must be conducted pursuant to NRS 159.086 and 159.0865 at any time before the sale or confirmation by the court of the sale.

2. The court may waive the requirement of an appraisal upon a showing to and specific findings by the court on the record that: (a) An additional appraisal will unduly delay the sale; and (b) The delay will impair the estate of the protected person.
Nev. Rev. Stat. § 162C.080 — NV Code / Title 13 / Chapter 162C / Section 162C.080
“Supported decision-making agreement” defined
Status: in_force

“ Supported decision-making agreement ” means an agreement between a principal and one or more supporters that is entered into pursuant to this chapter.
Nev. Rev. Stat. § 163.0019 — NV Code / Title 13 / Chapter 163 / Section 163.0019
Terms: “Writing” or “written”
Status: in_force

As used in this chapter, unless the context otherwise requires, when the term “writing” or “written” is used in reference to a will, trust or instrument to convey property, the term includes an electronic will as defined in NRS 132.119 or an electronic trust as defined in NRS 163.0015 , as appropriate.
Nev. Rev. Stat. § 163.180 — NV Code / Title 13 / Chapter 163 / Section 163.180
Power of court
Status: in_force

A court may, for cause shown and upon notice to the beneficiaries, relieve a trustee from any or all of the duties and restrictions which would otherwise be placed upon the trustee by NRS 163.010 to 163.200 , inclusive, or wholly or partly excuse a trustee who has acted honestly and reasonably from liability for violation of the provisions of NRS 163.010 to 163.200 , inclusive.
Nev. Rev. Stat. § 159.046 — NV Code / Title 13 / Chapter 159 / Section 159.046
Appointment, duties and compensation of investigators
Status: in_force

1. Upon filing of the petition, or any time thereafter, the court may appoint one or more investigators to: (a) Locate persons who perform services needed by the proposed protected person and other public and private resources available to the proposed protected person. (b) Determine any competing interests in the appointment of a guardian. (c) Investigate allegations or claims which affect a protected person or proposed protected person.

2. An investigator may be an employee of a social service agency, family service officer of the court, public guardian, physician or other qualified person.

3. An investigator shall file with the court and parties a report concerning the scope of the appointment of the guardian and any special powers which a guardian would need to assist the proposed protected person.

4. An investigator who is appointed pursuant to this section is entitled to reasonable compensation from the estate of the proposed protected person. If the court finds that a person has unnecessarily or unreasonably caused the investigation, the court may order the person to pay to the estate of the proposed protected person all or part of the expenses associated with the investigation.
Nev. Rev. Stat. § 164.038 — NV Code / Title 13 / Chapter 164 / Section 164.038
Circumstances under which certain persons are authorized to be represented by persons with similar interests in proceedings concerning administration of trust; binding results; representation by powerholder for permissible appointee or taker in default of appointment; representation by parent or guardian of beneficiary
Status: in_force

1. Unless otherwise represented by counsel, a minor, incapacitated person, unborn person or person whose identity or location is unknown and not reasonably ascertainable may be represented by another person who has a substantially similar interest with respect to the question or dispute.

2. A person may only be represented by another person pursuant to subsection 1 if there is no material conflict of interest between the person and the representative with respect to the question or dispute for which the person is being represented. If a person is represented pursuant to subsection 1, the results of that representation in the question or dispute will be binding on the person.

3. A presumptive remainder beneficiary may represent and bind a beneficiary with a contingent remainder for the same purpose, in the same circumstance and to the same extent as an ascertainable beneficiary may bind a minor, incapacitated person, unborn person or person who cannot be ascertained.

4. A powerholder may represent and bind a person who is a permissible appointee or taker in default of appointment.

5. If a trust has a minor or incapacitated beneficiary who may not be represented by another person pursuant to this section, a custodial parent or the guardian of the estate of the minor or incapacitated beneficiary may represent the minor or incapacitated beneficiary in any judicial proceeding or nonjudicial matter pertaining to the trust. A minor or incapacitated beneficiary may only be represented by a parent or guardian if there is no material conflict of interest between the minor or incapacitated beneficiary and the parent or guardian with respect to the question or dispute. If a minor or incapacitated beneficiary is represented pursuant to this subsection, the results of that representation will be binding on the minor or incapacitated beneficiary. The representation of a minor or incapacitated beneficiary pursuant to this subsection is binding on an unborn person or a person who cannot be ascertained if: (a) The unborn person or a person who cannot be ascertained has an interest substantially similar to the minor or incapacitated person; and (b) There is no material conflict of interest between the unborn person or a person who cannot be ascertained and the minor or incapacitated person with respect to the question or dispute.

6. As used in this section: (a) “ Permissible appointee ” has the meaning ascribed to it in NRS 162B.065 . (b) “ Powerholder ” has the meaning ascribed to it in NRS 162B.080 . (c) “ Presumptive remainder beneficiary ” means: (1) A beneficiary who would receive income or principal of the trust if the trust were to terminate as of that date, regardless of the exercise of a power of appointment; or (2) A beneficiary who, if the trust does not provide for termination, would receive or be eligible to receive distributions of income or principal of the trust if all beneficiaries of the trust who were receiving or eligible to receive distributions were deceased. (d) “ Taker in default of appointment ” has the meaning ascribed to it in NRS 162B.095 .
Nev. Rev. Stat. § 159A.157 — NV Code / Title 13 / Chapter 159A / Section 159A.157
Lease of property of protected minor
Status: in_force

A guardian of the estate may lease any real property of the protected minor or any interest in real property:

1. Without securing prior court approval, where the tenancy is from month to month or for a term not to exceed 1 year and the reasonable fixed rental for the property or the protected minor's proportionate interest in such rental does not exceed $250 per month.

2. With prior approval of the court by order, for such period of time as may be authorized by the court, not exceeding any time limitation prescribed by law, and upon such terms and conditions as the court may approve. Such lease may extend beyond the period of minority of a protected minor.
Nev. Rev. Stat. § 165.240 — NV Code / Title 13 / Chapter 165 / Section 165.240
Uniformity of interpretation
Status: in_force

This chapter shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it.
Nev. Rev. Stat. § 159A.069 — NV Code / Title 13 / Chapter 159A / Section 159A.069
Bond: Filing; remedy for breach
Status: in_force

Every bond given by a guardian must be filed and preserved in the office of the clerk of the district court of the county in which the guardianship proceeding is conducted. In case of the breach of any condition of such bond, an action may be maintained in behalf of the protected minor or protected minors jointly if all are interested, or of any person interested in the estate, and such bond is not void on the first recovery. If the action on the bond is in behalf of one protected minor on a bond given to more than one protected minor, the other protected minors mentioned in the bond need not be united in or made parties to such action.
Nev. Rev. Stat. § 162.130 — NV Code / Title 13 / Chapter 162 / Section 162.130
Cases not provided for in NRS 162.010 to 162.140, inclusive
Status: in_force

In any case not provided for in NRS 162.010 to 162.140 , inclusive, the rules of law and equity, including the law merchant and those rules of law and equity relating to trusts, agency, negotiable instruments and banking, shall continue to apply.
Nev. Rev. Stat. § 162.150 — NV Code / Title 13 / Chapter 162 / Section 162.150
Short title
Status: in_force

NRS 162.150 to 162.250 , inclusive, may be cited as the Act for Simplification of Fiduciary Security Transfers.
Nev. Rev. Stat. § 159A.199 — NV Code / Title 13 / Chapter 159A / Section 159A.199
Discharge of guardian; exoneration of bond; order of discharge
Status: in_force

1. Upon the filing of receipts and vouchers showing compliance with the orders of the court in winding up the affairs of the guardianship, the court shall enter an order discharging the guardian and exonerating the bond of the guardian.

2. A guardian is not relieved of liability for his or her term as guardian until an order of discharge is entered and filed with the court.
Nev. Rev. Stat. § 162B.055 — NV Code / Title 13 / Chapter 162B / Section 162B.055
“Instrument” defined
Status: in_force

“ Instrument ” means a record.
Nev. Rev. Stat. § 159.023 — NV Code / Title 13 / Chapter 159 / Section 159.023
“Minor” defined
Status: in_force

“ Minor ” means any person who is:

1. Less than 18 years of age; or

2. Less than 19 years of age if guardianship of the person is continued until the person reaches the age of 19 years pursuant to NRS 159A.191 .
Nev. Rev. Stat. § 161.020 — NV Code / Title 13 / Chapter 161 / Section 161.020
Bond; reports; powers
Status: in_force

1. The court shall have full discretionary authority to appoint any suitable person as conservator and may require a conservator to post an adequate surety bond and to make such reports as the court may deem necessary.

2. The conservator shall have the same powers and authority as the guardian of the property of an infant or person adjudicated incompetent and shall be considered as an officer or arm of the court.
Nev. Rev. Stat. § 166A.260 — NV Code / Title 13 / Chapter 166A / Section 166A.260
Determination of incapacity; effect
Status: in_force

1. The custodial trustee shall administer the custodial trust as for an incapacitated beneficiary if: (a) The custodial trust was created under NRS 166A.210 ; (b) The transferor has so directed in the instrument creating the custodial trust; or (c) The custodial trustee has determined that the beneficiary is incapacitated.

2. A custodial trustee may determine that the beneficiary is incapacitated in reliance upon: (a) Previous direction or authority given by the beneficiary while not incapacitated, including, without limitation, direction or authority pursuant to a durable power of attorney; (b) The certificate of the beneficiary's physician or advanced practice registered nurse; or (c) Other persuasive evidence.

3. If a custodial trustee for an incapacitated beneficiary reasonably concludes that the beneficiary's incapacity has ceased, or that circumstances concerning the beneficiary's ability to manage property and business affairs have changed since the creation of a custodial trust directing administration as for an incapacitated beneficiary, the custodial trustee may administer the trust as for a beneficiary who is not incapacitated.

4. On petition of the beneficiary, the custodial trustee or other person interested in the custodial trust property or the welfare of the beneficiary, the court shall determine whether the beneficiary is incapacitated.

5. Absent determination of incapacity of the beneficiary under subsection 2 or 4, a custodial trustee who has reason to believe that the beneficiary is incapacitated shall administer the custodial trust in accordance with the provisions of this chapter applicable to an incapacitated beneficiary.

6. Incapacity of a beneficiary does not terminate: (a) The custodial trust; (b) Any designation of a successor custodial trustee; (c) Rights or powers of the custodial trustee; or (d) Any immunities of third persons acting on instructions of the custodial trustee.
Nev. Rev. Stat. § 162C.300 — NV Code / Title 13 / Chapter 162C / Section 162C.300
Prohibition against using supported decision-making agreement as certain evidence at trial; adult authorized to act independently of supported decision-making agreement
Status: in_force

The existence of a supported decision-making agreement that is entered into by an adult and one or more supporters pursuant to this chapter may not be used as evidence of the adult's incapacity, as defined in NRS 162A.070 , and does not preclude the ability of the adult to act independently of the agreement.
Nev. Rev. Stat. § 159.305 — NV Code / Title 13 / Chapter 159 / Section 159.305
Petition alleging that person disposed of money of protected person or has evidence of interest of protected person in or to property
Status: in_force

1. If a guardian, interested person, protected person or proposed protected person petitions the court upon oath alleging: (a) That a person has or is suspected to have concealed, converted to his or her own use, conveyed away or otherwise disposed of any money, good, chattel or effect of the protected person; or (b) That the person has in his or her possession or knowledge any deed, conveyance, bond, contract or other writing which contains evidence of, or tends to disclose the right, title or interest of the protected person or proposed protected person in or to, any real or personal property, or any claim or demand, the judge may cause the person to be cited to appear before the district court to answer, upon oath, upon the matter of the petition.

2. If the person cited does not reside in the county where letters of guardianship have been issued pursuant to NRS 159.075 , the person may be cited and examined before the district court of the county where the person resides, or before the court that issued the citation. Each party to the petition may produce witnesses, and such witnesses may be examined by either party.
Nev. Rev. Stat. § 166.180 — NV Code / Title 13 / Chapter 166 / Section 166.180
Trust administered under laws of another state or foreign jurisdiction
Status: in_force

1. A trust administered under the laws of another state, or under the laws of a foreign jurisdiction, is a spendthrift trust pursuant to this chapter if: (a) The trustee of the trust complies with any requirements set forth in the trust instrument and any requirements of the laws of the state or jurisdiction from which the trust is being transferred; (b) The trustee or other person having the power to transfer the domicile of the trust declares such intent to transfer in writing; (c) The writing declaring the intent to transfer the domicile of the trust is delivered to the trustee, if it is executed by a person other than the trustee; and (d) All requirements of this chapter are satisfied simultaneously with, or immediately after, the change of domicile.

2. For purposes of NRS 166.170 , if the domicile of an existing trust is transferred from another state or from a foreign jurisdiction to this State and the laws of the other state or jurisdiction are similar to the provisions of this chapter, the transfer shall be deemed to have occurred: (a) On the date on which the settlor of the trust transferred assets into the trust if the applicable law of the trust has at all times been substantially similar to the provisions of this chapter; or (b) On the earliest date on which the applicable laws of the trust were substantially similar to the provisions of this chapter.
Nev. Rev. Stat. § 162B.040 — NV Code / Title 13 / Chapter 162B / Section 162B.040
“General power of appointment” defined
Status: in_force

“ General power of appointment ” means a power of appointment exercisable in favor of the powerholder, the powerholder's estate, a creditor of the powerholder or a creditor of the powerholder's estate.
Nev. Rev. Stat. § 163.275 — NV Code / Title 13 / Chapter 163 / Section 163.275
Investments; reinvestments; delegation of authority to invest
Status: in_force

1. A fiduciary may invest and reinvest, as the fiduciary deems advisable: (a) In stocks, common or preferred, bonds, debentures, notes, mortgages or other securities in or outside the United States; (b) In insurance contracts on the life of any beneficiary or of any person in whom a beneficiary has an insurable interest, or in annuity contracts for any beneficiary; (c) In any real or personal property; (d) In investment trusts; (e) In participations in common trust funds; (f) In securities of any corporation, trust, association or fund: (1) Which is engaged, or proposes to engage, in the business of investing, reinvesting, owning, holding or trading in securities; (2) Whose assets are invested principally in cash or in securities of other issuers; and (3) Which is registered as an investment company with the Securities and Exchange Commission; and (g) Generally in such property as the fiduciary deems advisable, even though the investment is not of the character approved by applicable law but for this section.

2. A fiduciary may delegate the authority to invest, but the fiduciary is not thereby relieved of any liability that exists in the absence of delegation.
Nev. Rev. Stat. § 159A.046 — NV Code / Title 13 / Chapter 159A / Section 159A.046
Appointment and duties of investigators; payment of expenses associated with investigation in certain circumstances
Status: in_force

1. Upon filing of the petition, or any time thereafter, the court may appoint one or more investigators to: (a) Locate persons who perform services needed by the proposed protected minor and other public and private resources available to the proposed protected minor. (b) Determine any competing interests in the appointment of a guardian. (c) Investigate allegations or claims which affect a proposed protected minor. (d) Investigate the suitability of a proposed guardian to provide for the basic needs of a proposed protected minor, including, without limitation, food, clothing, shelter, medical care and education. (e) Locate relatives of the proposed protected minor who are within the second degree of consanguinity.

2. An investigator may be an employee of the court or a person retained under contract with the court.

3. An investigator shall file with the court and parties a report concerning the scope of the appointment of the guardian and any special powers which a guardian would need to assist the proposed protected minor.

4. If the court finds that a person has unnecessarily or unreasonably caused the investigation, the court may order the person to pay to the court all or part of the expenses associated with the investigation.
Nev. Rev. Stat. § 159.1653 — NV Code / Title 13 / Chapter 159 / Section 159.1653
Petition to enter into agreement; setting date of hearing; notice
Status: in_force

1. To enter into an agreement to sell or to give an option to purchase a mining claim or real property worked as a mine which belongs to the estate of the protected person, the guardian or an interested person shall file a petition with the court that: (a) Describes the property or claim; (b) States the terms and general conditions of the agreement; (c) Shows any advantage that may accrue to the estate of the protected person from entering into the agreement; and (d) Requests confirmation by the court of the agreement.

2. The court shall set the date of the hearing on the petition.

3. The petitioner shall give notice in the manner provided in NRS 159.034 .
Nev. Rev. Stat. § 159A.087 — NV Code / Title 13 / Chapter 159A / Section 159A.087
Recording letters of guardianship
Status: in_force

1. Not later than 60 days after the date of the appointment of a guardian of the estate, the guardian shall record, or cause to be recorded, in the office of the recorder of each county in which real property of the protected minor is located, a copy, certified by the clerk of the court, of the letters of guardianship.

2. The guardian shall attach, or cause to be attached, to the copy of the letters of guardianship recorded pursuant to subsection 1 a cover sheet containing: (a) The name, address and telephone number of the guardian; (b) The assessor's parcel number and the address of the real property of the protected minor; and (c) If the estate of the protected minor includes a manufactured home or mobile home, the location and serial number of the manufactured home or mobile home.

3. As used in this section: (a) “Manufactured home” has the meaning ascribed to it in NRS 489.113 . (b) “Mobile home” has the meaning ascribed to it in NRS 489.120 .
Nev. Rev. Stat. § 159.1852 — NV Code / Title 13 / Chapter 159 / Section 159.1852
Duty of guardian to notify court if no longer qualified to serve as guardian; appointment of successor guardian
Status: in_force

A guardian who, after appointment:

1. Is convicted of a gross misdemeanor or felony in any state;

2. Files for or receives protection as an individual or as a principal of any entity under the federal bankruptcy laws;

3. Has a driver's license suspended, revoked or cancelled for nonpayment of child support;

4. Is suspended for misconduct or disbarred from: (a) The practice of law; (b) The practice of accounting; or (c) Any other profession which: (1) Involves or may involve the management or sale of money, investments, securities or real property; or (2) Requires licensure in this State or any other state; or

5. Has a judgment entered against him or her for misappropriation of funds or assets from any person or entity in any state,

shall immediately inform the court of the circumstances of those events. The court may remove the guardian and appoint a successor guardian, unless the court finds that it is in the best interest of the protected person to allow the guardian to continue in his or her appointment.
Nev. Rev. Stat. § 166A.190 — NV Code / Title 13 / Chapter 166A / Section 166A.190
Custodial trustee for future payment or transfer
Status: in_force

1. A person having the right to designate the recipient of property payable or transferable upon a future event may create a custodial trust upon the occurrence of the future event by designating in writing the recipient, followed in substance by: “as custodial trustee for _____ (name of beneficiary) under the Nevada Uniform Custodial Trust Act.”

2. Persons may be designated as substitute or successor custodial trustees to whom the property must be paid or transferred in the order named if the first designated custodial trustee is unable or unwilling to serve.

3. A designation under this section may be made in a will, a trust, a deed, a multiple-party account, an insurance policy, an instrument exercising a power of appointment or a writing designating a beneficiary of contractual rights. Otherwise, to be effective, the designation must be registered with or delivered to the fiduciary, payor, issuer or obligor of the future right.
Nev. Rev. Stat. § 163.440 — NV Code / Title 13 / Chapter 163 / Section 163.440
References to Internal Revenue Code
Status: in_force

As used in NRS 163.420 to 163.550 , inclusive, unless otherwise indicated, section references are to the Internal Revenue Code of 1986, as in effect on January 1, 1999, and include future amendments to such sections and corresponding provisions of future federal internal revenue laws.