NRS 159.113 – Guardian required to petition court before taking certain actions; guardian may petition court before taking certain other actions; content of petition.

1. Before taking any of the following actions, the guardian of the estate shall petition the court for an order authorizing the guardian to: (a) Invest the property of the protected person pursuant to NRS 159.117. (b) Continue the business of the protected person pursuant to NRS 159.119. (c) Borrow money for the protected person […]

NRS 159.115 – Notice of hearing of petition or account.

1. Except as otherwise ordered by the court, upon the filing of any petition under NRS 159.078 or 159.113, or any account, notice must be given to the protected person and the persons specified in NRS 159.034 in the manner prescribed by that section. 2. The notice must: (a) Give the name of the protected […]

NRS 159.117 – Court approval required to make certain investments and loans and to exercise certain options; certain investments authorized without prior approval; investing property of two or more protected persons.

1. Upon approval of the court by order, a guardian of the estate may: (a) Invest the property of the protected person, make loans and accept security therefor, in the manner and to the extent authorized by the court. (b) Exercise options of the protected person to purchase or exchange securities or other property. 2. […]

NRS 159.119 – Continuing business of protected person.

A guardian of the estate, with prior approval of the court by order, may continue any business of the protected person. The order may provide for any one or more of the following: 1. The conduct or reorganization of the business solely by the guardian, jointly by the guardian with one or more of the […]

NRS 159.121 – Borrowing money for protected person.

1. A guardian of the estate, with prior approval of the court by order, may borrow money for the account of the protected person when necessary: (a) To continue any business of the protected person. (b) To pay claims against the protected person, the guardianship estate or the guardian of the estate as such. (c) […]

NRS 159.123 – Contracts of protected person.

If a protected person for whom a guardian of the estate is appointed was, at the time of the appointment, a party to a contract which has not been fully performed, and which was made by the protected person while not under any legal disability, the guardian of the estate, with prior approval of the […]

NRS 159.125 – Gifts from estate of protected person; expenditures for relatives of protected person.

1. A guardian of the estate, with prior approval of the court by order, may, from the estate of the protected person which is not necessary for the proper care, maintenance, education and support of the protected person and of persons to whom the protected person owes a legal duty of support: (a) Make reasonable […]