NRS 132.010 – Construction of title: Liberal construction.
This title must be liberally construed so that a speedy settlement of estates is accomplished at the least expense to the parties. [Part 307:107:1941; 1931 NCL § 9882.307]—(NRS A 1999, 2254)
NRS 132.015 – Construction of title: Title to be construed consistent with chapter 719 of NRS.
Except as otherwise specifically provided in this title, the provisions of this title must be construed in a manner consistent with the provisions of chapter 719 of NRS. (Added to NRS by 2017, 3435)
NRS 132.025 – Definitions.
As used in this title, unless the context otherwise requires, the words and terms defined in NRS 132.030 to 132.370, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1999, 2249; A 2001, 2340; 2007, 895; 2011, 1434; 2015, 3526; 2017, 3436)
NRS 132.030 – “Abatement” defined.
“Abatement” means a proportional reduction of a pecuniary devise when the money or other assets out of which the devise is payable are not sufficient to pay the devise in full. (Added to NRS by 1999, 2249)
NRS 132.035 – “Acknowledgment” defined.
“Acknowledgment” means a declaration that an instrument has been executed for the purposes stated therein and, if the instrument was executed in a representative capacity, that the instrument was signed with proper authority and executed as the act of the person represented and identified therein. (Added to NRS by 1999, 2249)
NRS 132.040 – “Administrator” defined.
“Administrator” means a person not designated in a will who is appointed by the court to administer an estate. (Added to NRS by 1999, 2249)
NRS 132.045 – “Agent” defined.
“Agent” means a person authorized to represent or act for another person, including an attorney-in-fact under a durable or nondurable power of attorney and a person authorized to make decisions concerning the health care of another person. (Added to NRS by 1999, 2249)
NRS 132.050 – “Beneficiary” defined.
“Beneficiary,” as it relates to: 1. A trust, includes a person who has a present or future interest, vested or contingent, and the owner of an interest by assignment or other transfer; 2. A charitable trust, includes any person entitled to enforce the trust; 3. An instrument designating a beneficiary, includes a beneficiary of any […]
NRS 132.053 – “Certified paper original” defined.
“Certified paper original” means a tangible document that contains the text of an electronic will and, if applicable, a self-proving affidavit concerning the electronic will. (Added to NRS by 2017, 3435)
NRS 132.055 – “Child” defined.
“Child” includes a person entitled to take as a child by intestate succession from the parent whose relationship is involved and excludes a person who is a stepchild, a foster child, a grandchild or any more remote descendant. (Added to NRS by 1999, 2250)
NRS 132.060 – “Citation” defined.
“Citation” means a document issued by the clerk of the court, as authorized by statute or ordered by the court, requiring a person to appear, directing a person to act or conduct himself or herself in a specified way, or notifying a person of a hearing. (Added to NRS by 1999, 2250)
NRS 132.065 – “Claim” defined.
“Claim,” in respect to the estate of a decedent, includes a liability of the decedent, whether arising in contract, in tort or otherwise, that arises before the death of the decedent. (Added to NRS by 1999, 2250)
NRS 132.070 – “Codicil” defined.
“Codicil” means an addition to a will that may modify or revoke one or more provisions of the will, or add one or more provisions to the will, and is signed with the same formalities as a witnessed will, electronic will or holographic will. (Added to NRS by 1999, 2250; A 2001, 2340)
NRS 132.075 – “Community property” defined.
“Community property” has the meaning ascribed to it in NRS 123.220. (Added to NRS by 1999, 2250)
NRS 132.080 – “Community property with right of survivorship” defined.
“Community property with right of survivorship” means community property in which a right of survivorship exists pursuant to NRS 111.064 or 115.060 or any other provision of law. (Added to NRS by 1999, 2250)
NRS 132.085 – “Descendant” defined.
“Descendant” includes descendants of all generations. For the purposes of this section, the relationship of parent and child at each generation is determined by the definitions of “child” and “parent” contained in this title. (Added to NRS by 1999, 2250)
NRS 132.090 – “Designation of beneficiary” defined.
“Designation of beneficiary” means a governing instrument naming a beneficiary of an insurance policy or annuity, of an account designated as payable on death, of a security registered as transferable on death, or of a pension, profit-sharing, retirement or similar benefit plan or other nonprobate transfer. (Added to NRS by 1999, 2250; A 2011, 1435)
NRS 132.095 – “Devise” defined.
“Devise,” used as a noun, means a testamentary disposition of real or personal property and, used as a verb, means to dispose of real or personal property by will. (Added to NRS by 1999, 2250)
NRS 132.100 – “Devisee” defined.
“Devisee” means a person designated in a will to receive a devise. For the purposes of chapters 133, 134, 135 and 148 of NRS, in the case of a devise to an existing trust or trustee, or to a trustee of a trust described by will, the term means the trust or trustee, and not […]
NRS 132.115 – “Distributee” defined.
“Distributee” means a person who has received property of a decedent from the decedent’s personal representative other than as a creditor or purchaser. A testamentary trustee is a distributee only to the extent of distributed assets or increment thereto remaining in his or her hands. A beneficiary of a testamentary trust to whom the trustee […]