Terms Used In Nevada Revised Statutes > Chapter 480 > Administration of Certain Accounts

• Bequest: Property gifted by will.
• Director: means the Director of the Department of Public Safety. See Nevada Revised Statutes 480.010
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. ^{Source: OCC}