Nevada Revised Statutes 164.130 – Transfer by court to district court in this State or court outside Nevada
Current as of: 2023 | Check for updates
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Upon petition by any trustee or beneficiary, a court having jurisdiction of a trust may transfer supervision of the trust to:
Terms Used In Nevada Revised Statutes 164.130
- 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
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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
- Trustee: A person or institution holding and administering property in trust.
1. Any district court within the State, or to any court outside Nevada which accepts jurisdiction over the trust, when the convenience of beneficiaries, trustees, attorneys or other interested persons makes a transfer desirable.
2. A district court within this State having jurisdiction of the guardianship of a protected person who is currently a beneficiary of the trust and is receiving or is entitled to receive distributions, if the district court has not assumed jurisdiction pursuant to NRS 159.339 or 159A.339.