Nev. Rev. Stat. § 253.0405

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 253.0405 - Circumstances under which public administrator or certain other person may secure and administer assets of estate; access by other persons to property of estate

1. Subject to the provisions of subsections 2 and 3, before the issuance of the letters of administration for an estate, before filing an affidavit to administer an estate pursuant to NRS 253.0403, before petitioning to have an estate set aside pursuant to NRS 253.0425, and without giving notice to the next of kin, the public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, may act on behalf of the estate of a deceased person to identify and secure all tangible and intangible assets of the estate if the administrator or person finds that:

(a) There are no relatives of the deceased who are able to protect the property; or

(b) Failure to do so could endanger the property.

2. A public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, shall not distribute, liquidate or otherwise administer any assets of an estate which are identified and secured pursuant to subsection 1 unless:

(a) A court has issued letters of administration for the estate; or

(b) A court order authorizing the public administrator or person to act as administrator of the estate has been issued.

3. A public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, may, for the purpose of protecting the assets of an estate which are identified and secured pursuant to subsection 1, authorize any of the following persons to access the real and personal property of the estate:

(a) A relative of the deceased;

(b) A named executor or named trustee of the estate; or

(c) An attorney or any other natural person designated by the next of kin of the deceased.

NRS 253.0405

Added to NRS by 1983, 1597; A 1991, 197; 1999, 918; 2009, 2269; 2015, 1912; 2019, 1538

Amended by 2019, Ch. 270,§8, eff. 7/1/2019.

Amended by 2015, Ch. 339,§1.7, eff. 7/1/2015.

Added to NRS by 1983, 1597; A 1991, 197; 1999, 918; 2009, 2269