Nevada Revised Statutes 132.135 – ‘Expenses of administration’ defined
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‘Expenses of administration’ means funeral expenses and expenses actually and properly incurred by a personal representative in the administration of an estate, including, without limitation, expenses incurred for the maintenance or preservation of the assets of an estate, plus the fees of the personal representative, any attorney retained by the personal representative and any other consultant engaged by him or her.
Terms Used In Nevada Revised Statutes 132.135
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.