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.
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