Title 12

NRS 148.430 Petition and notice. 1. The personal representative, or the person claiming to be entitled to the conveyance or transfer, may file with the clerk a petition setting forth the facts upon which the claim is predicated. 2. The clerk shall set the petition for hearing, an…

NRS 148.440 Hearing and order. 1. At the time appointed, the court, upon proof that due notice of the hearing has been given, shall hear the petition and any objection that has filed or is presented. 2. If the court is satisfied that the conveyance or transfer should be made, it …

NRS 148.450 Effect of order; execution of order. 1. The order is prima facie evidence of the correctness of the proceedings and of the authority of the personal representative to make the conveyance or transfer, and after its entry, the person entitled to the conveyance or transf…

NRS 148.500 Authorization to exchange: Petition; notice. If it appears advantageous to the estate to exchange any property of the estate for other property, the court may authorize the exchange, upon petition of the personal representative or of an interested person. The clerk sh…

NRS 149.010 Authorization to borrow; purposes warranting borrowing; joint borrowing. 1. If it appears to be to the advantage of the estate to borrow money upon a note or notes, unsecured or to be secured by a security agreement or other lien upon the personal property of the dece…

NRS 149.020 Petition. 1. The personal representative or an interested person shall file a petition showing: (a) The particular purpose or purposes for which the order is sought. (b) The necessity for or advantage to accrue from entry of the order. (c) The amount of money proposed…

NRS 149.030 Hearing and order. 1. At the time appointed, the court, upon proof that due notice of the hearing has been given, shall proceed to hear the petition and any objection that may have been filed or presented. If, after a hearing, the court is satisfied that it will be to…

NRS 149.040 Execution of instruments. The personal representative shall execute, acknowledge and deliver the mortgage or other security, as directed, setting forth therein that it is made by authority of the order, giving the date of the order. The note or notes and mortgage or o…

NRS 149.050 Effect of proceedings under NRS 149.010 to 149.050, inclusive. 1. A mortgage or security agreement so made is effectual to mortgage or subject to the security agreement all right, title, interest and estate which the decedent had in the property described therein at t…

NRS 149.060 Authorization to lease. If it appears to be to the advantage of the estate to lease any real property of the decedent, and as often as occasion arises in the administration of the estate, the court may direct the personal representative to execute the lease. [180:107:…

NRS 149.070 Petition. 1. To obtain such an order the personal representative or an interested person shall file a petition, showing the advantage to accrue from giving the lease, a general description of the property proposed to be leased, and the term, rental and general conditi…

NRS 149.080 Hearing on petition; order directing personal representative to make lease; terms of lease; recordation of copy of order. 1. At the time appointed, the court shall hear the petition and any objection that may have been presented, and if the court is satisfied that it …

NRS 149.090 Execution of lease; effect of omission, error or irregularity in proceedings. 1. The personal representative shall execute, acknowledge and deliver the lease as directed, setting forth therein that it is made by authority of the order, giving the date of the order. 2.…

NRS 149.100 Lease without court order. A personal representative may lease property without an order of court if the tenancy is from month to month, or for a term not to exceed 1 year. [184:107:1941; 1931 NCL § 9882.184]—(NRS A 1975, 1775; 1999, 2329)

NRS 150.010 Expenses and compensation of personal representative. A personal representative must be allowed all necessary expenses in the administration and settlement of the estate, and fees for services as provided by law, but if the decedent by will makes some other provision …

NRS 150.020 General compensation. 1. If no compensation is provided by the will, or the personal representative renounces all claims thereto, fees must be allowed upon the whole amount of the estate which has been accounted for, less liens and encumbrances, as follows: (a) For th…

NRS 150.025 Compensation of personal representative who is an attorney. 1. Notwithstanding any provision to the contrary in the will, a personal representative who is an attorney retained to perform services for the personal representative may receive compensation for services as…

NRS 150.030 Compensation for extraordinary services. Such further allowances may be made as the court deems just and reasonable for any extraordinary services, such as: 1. Management, sales or mortgages of real or personal property. 2. Contested or litigated claims against the es…

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 …