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Home » US Law » 2022 Nevada Revised Statutes » TITLE 13—GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS » Chapter 159A - Guardianship of Minors » TRANSACTIONS INVOLVING REAL AND PERSONAL PROPERTY » General Provisions » NRS 159A.127 – Purposes for which property of protected minor may be sold, leased or placed in trust.

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.

(Added to NRS by 2017, 845)