Nevada Code § 164.700

Definitions
Open in Lexace · Ask the AI about this section
As
used in NRS 164.700 to 164.925 , inclusive:
1. Fiduciary means a trustee or, to the
extent that NRS 164.780 to 164.925 , inclusive, apply to an estate, a
personal representative.
2. Terms of a trust means the
manifestation of the intent of a settlor or decedent with respect to the trust,
expressed in a manner that admits of its proof in a judicial proceeding,
whether by written or spoken words or by conduct.
3. Unitrust means a trust in which a
certain percentage of annually assessed fair market value of trust property is
paid to a trust beneficiary.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.