Nev. Rev. Stat. § 166.130

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 166.130 - Legal estate of beneficiary in corpus

A beneficiary of a spendthrift trust has no legal estate in the capital, principal or corpus of the trust estate unless under the terms of the trust the beneficiary or one deriving title from him or her is entitled to have it conveyed or transferred to him or her immediately or after a term of years or after a life, and in the meantime the income from the corpus is not to be paid to him or her or any other beneficiary.

NRS 166.130

Part 5:86:1939; 1931 NCL § 6880.04
Part 5:86:1939; 1931 NCL § 6880.04