Nevada Revised Statutes 166.018 – ‘Settlor’ defined
Current as of: 2023 | Check for updates
|
Other versions
‘Settlor’ means:
Terms Used In Nevada Revised Statutes 166.018
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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. The person who creates a spendthrift trust however described in the trust instrument; or
2. Any person who contributes assets to the spendthrift trust as to the assets he or she contributed to the spendthrift trust except to the extent of consideration received therefor by that person.