Nevada Revised Statutes 150.300 – Definitions
Current as of: 2023 | Check for updates
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As used in NRS 150.290 to 150.380, inclusive, unless the context otherwise requires:
Terms Used In Nevada Revised Statutes 150.300
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. ’Gross estate’ or ‘estate’ means all property included for federal estate tax purposes in determining the federal estate tax pursuant to the federal estate tax law.
2. ’Person interested in the estate’ means any person who receives or is the beneficiary of any property transferred pursuant to a transfer which is subject to a tax imposed by any federal estate tax law, now existing or hereafter enacted.