Title 12

NRS 150.040 Contracts for higher compensation void. A contract between a personal representative and an heir or devisee for a higher compensation than that allowed by NRS 150.020 and 150.030 is void. [209:107:1941; 1931 NCL § 9882.209]—(NRS A 1999, 2330)

NRS 150.050 Allowance on compensation. 1. A personal representative, at any time after the issuance of letters and upon such notice to the interested persons as the court requires, may apply to the court for an allowance upon his or her fees. 2. On the hearing, the court shall en…

NRS 150.060 Attorneys for personal representatives and minor, absent, unborn, incapacitated or nonresident heirs: General compensation. 1. An attorney for a personal representative is entitled to reasonable compensation for the attorney’s services, to be paid out of the decedent’…

NRS 150.0605 Attorneys for petitioners generally: Compensation when estate set aside. If the estate is set aside pursuant to NRS 146.070, the court may order reasonable attorney’s fees and costs to be paid from the assets being set aside directly to the attorney for the petitione…

NRS 150.061 Attorneys for personal representatives: Compensation for extraordinary services. 1. If an attorney for a personal representative receives compensation pursuant to NRS 150.060 based on the value of the estate accounted for by the personal representative, the court may …

NRS 150.063 Attorneys for personal representatives: Apportionment of compensation for two or more attorneys. 1. If there are two or more attorneys for a personal representative, the compensation must be apportioned among the attorneys by the court according to the services actual…

NRS 150.065 Attorneys for personal representatives: Allowance of compensation after period for creditors to file claims against estate. 1. At any time after the expiration of the period for creditors of the estate to file their claims in a summary or full administration pursuant …

NRS 150.067 Attorneys for personal representatives: Final compensation; petition; notice; hearing and order. 1. At the time of the filing of the final account and of a petition for an order for final distribution of the estate, the personal representative or the attorney for the …

NRS 150.070 Liability of personal representative; accounting required for property sold over inventoried value. 1. A personal representative is accountable for the whole estate that comes into the possession of the personal representative at the value of the appraisement containe…

NRS 150.075 Waiver of accounting. Notwithstanding any other provision of this chapter, the court may waive the requirement of any accounting if all interested persons agree in writing to the waiver. (Added to NRS by 2001, 2348)

NRS 150.080 First account: Filing and contents. Within 6 months after the appointment of a personal representative, or sooner if required by the court, upon its own motion or upon the petition of an interested person, a personal representative shall file with the clerk the first,…

NRS 150.100 Penalties for failure to file first account. 1. If the personal representative fails to file the first account within the time specified in NRS 150.080, the court shall order a citation to issue requiring the personal representative to file the account by a time to be…

NRS 150.105 Annual account: Contents. Until all remaining property is delivered pursuant to an order of final distribution, a personal representative shall file with the court, annually, an account showing the income the personal representative has received, what expenditures he …

NRS 150.110 Final account: Filing; penalties for failure to file. 1. If all the property of an estate has been sold or there is money available for the payment of all debts due by the estate, and the estate is in a proper condition to be closed, the personal representative shall …

NRS 150.115 Supplementary account to final account. A supplementary account of any receipts and disbursements by the personal representative since the filing of the final account of the personal representative must be filed before or at the time of making a final distribution, un…

NRS 150.120 Accounting when authority of personal representative ceases. If the authority of a personal representative ceases or is revoked for any reason, the personal representative may be cited by the court to account, at the instance of the person succeeding to the administra…

NRS 150.130 Accounts of deceased or incapacitated personal representative: Accounting by personal representative, guardian or attorney. 1. If a personal representative dies or becomes incapacitated, the accounts may be presented to the court by the personal representative or guar…

NRS 150.140 Revocation of letters when personal representative absconds and fails to account. If the personal representative absconds, or if, after reasonable diligence, he or she cannot be found, so that a citation cannot be personally served, and the personal representative neg…

NRS 150.150 Vouchers for payments: Filing not required; examination and audit; lost or unavailable. 1. A personal representative need not file vouchers with the court to substantiate payments made in the administration of the estate, but shall retain possession of the vouchers an…

NRS 150.160 Account and petition for settlement: Hearing and notice. 1. If an account and a petition for settlement thereof is filed, the clerk shall set the petition for hearing and the petitioner shall give notice for the period and in the manner required by NRS 155.010. 2. If …

NRS 150.170 Contest of account: Rights of interested person; hearing. 1. An interested person may appear and file written objections to the account and contest it. 2. Upon the hearing, the personal representative may be examined under oath concerning the account and the property …

NRS 150.180 Appointment of attorney to represent minor, unborn, incapacitated or absent heirs and devisees; fees. 1. If a minor is interested in the estate who has no legally appointed guardian, the court may appoint a disinterested attorney to represent the minor who may contest…

NRS 150.190 Proof of notice necessary before allowance of account. No account may be allowed by the court until it is first proved that the notice required by this chapter has been given, and the order must show that such proof was made to the satisfaction of the court. The order…

NRS 150.200 Allowance and confirmation of account. If an account comes before the court for allowance and there are no objections filed by any interested person, and the account is made to appear to the court to be correct and according to law, the court shall allow and confirm t…

NRS 150.210 Effect of order settling account. An order settling and allowing an account, when it becomes final, is conclusive against all interested persons, but a person under legal disability has the right to move for cause to reopen and examine the account, or to proceed by ac…

NRS 150.225 Payments to be made according to will; sources of payment if provision or property of will insufficient. 1. If a testator makes provision by will, or designates property to be appropriated, for the payment of debts, the expenses of administration or family allowances,…

NRS 150.230 Duty to pay certain expenses, allowances, debts and claims upon receipt of sufficient money; discretion to pay certain smaller debts; funeral expenses and expenses of last illness not charged to community share of surviving spouse. 1. The personal representative shall…

NRS 150.240 Order of court for payment of debts; treatment of classes of creditors; discharge of personal representative upon compliance with order if property of estate exhausted. 1. Upon the settlement of any account of the personal representative after the time to file claims …

NRS 150.250 Claims not yet due and contingent or disputed claim. 1. If there is a claim not due, or any contingent or disputed claims against the estate, the amount thereof, or such part of the amount as the holder would be entitled to if the claim were due, established or absolu…

NRS 150.260 Liability of personal representative. 1. If an order is entered by the court for the payment of creditors, the personal representative is personally liable to each creditor for the amount of his or her claim, or the dividends thereon, and execution may be issued upon …

NRS 150.270 Claim not included in order of payment. After the accounts of the personal representative have been settled and an order entered for the payment of debts and distribution of the estate, no creditor whose claim was not included in the order for payment has any right to…

NRS 150.280 Closing administration. 1. If all the debts and liabilities of an estate have been paid, and the estate is in a condition to be closed, the court shall direct the payment of devises and the distribution of the estate among those entitled as provided in chapter 151 of …

NRS 150.290 Short title. NRS 150.290 to 150.380, inclusive, may be cited as the Federal Estate Tax Apportionment Law. (Added to NRS by 1957, 228; A 1999, 2338)

NRS 150.300 Definitions. As used in NRS 150.290 to 150.380, inclusive, unless the context otherwise requires: 1. “Gross estate” or “estate” means all property included for federal estate tax purposes in determining the federal estate tax pursuant to the federal estate tax law. 2.…

NRS 150.310 Proration of tax among persons interested in estate; exceptions. 1. If it appears upon any accounting, or in any appropriate action or proceeding, that a personal representative, trustee or other fiduciary has paid or may be required to pay an estate tax to the Federa…

NRS 150.320 Direction for apportionment of estate tax: Precedence; limitation. 1. A testator, settlor, or possessor of any appropriate power of appointment may direct how the estate tax shall be apportioned or allocated or grant a discretionary power to another so to direct. Any …

NRS 150.330 Jurisdiction of court; methods of proration. 1. The proration must be made by the court having jurisdiction of any property in the estate in the proportion that the value of the property, interest or benefit of each such person bears to the total value of the property…

NRS 150.340 Present and future estates: Charge of tax against corpus without apportionment. 1. In cases where a trust is created, or other provision made whereby any person is given any interest in income, or an estate for years, or for life, or other temporary interest in any pr…

NRS 150.350 Property not possessed by personal representative: Recovery from person in possession or interested in estate; court may direct payment; expenses. 1. If any property required to be included in the gross estate does not come into the possession of the personal represen…

NRS 150.360 Court order directing amounts of tax to be charged against or paid by takers of estate. 1. The court, upon making a determination as provided in NRS 150.290 to 150.380, inclusive, shall enter an order directing the personal representative or other fiduciary to charge …

NRS 150.370 Retention of jurisdiction by court. The court shall retain jurisdiction until the purposes of NRS 150.290 to 150.380, inclusive, have been accomplished. (Added to NRS by 1957, 230; A 1999, 2340)

NRS 150.380 Apportionment of tax and expenses imposed and incurred on property located or administered in this State in estate of nonresident. Tax imposed and expenses incurred by reason of inclusion for tax purposes of property located or administered in this State, in the estat…

NRS 150.400 Apportionment; limitations. 1. Except as otherwise provided by the donor or decedent in writing: (a) Except as otherwise provided in paragraph (c), for gifts that were made subject to the federal gift tax and in cases where the decedent’s estate is insufficient to pay…