Nevada Code § 166.110

Discretion of trustee
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1. In all cases where the creator of a
spendthrift trust shall indicate the sum to be applied for or paid to the
beneficiary or shall make the application or payment of sums or further sums
for or to the beneficiary discretionary with the trustee, or shall make the
amount thereof discretionary with the trustee, or shall give the trustee
discretion to pay all or any part of the income to any one or more of the
beneficiaries, such discretionary power shall be absolute, whether any valid
provision for the accumulation of income is made or not and whether it relates
to the income from real or personal property.
2. Such discretion shall never be
interfered with for any consideration of the needs, station in life or mode of
life of the beneficiary, or for uncertainty, or on any pretext whatever.
3. The giving of any such discretion does
not invalidate any spendthrift trust.

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