Nevada Revised Statutes 151.095 – Manner of distribution; distribution without proration
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1. Except as otherwise provided in subsection 2 or in the will, a personal representative may distribute property and money:
Terms Used In Nevada Revised Statutes 151.095
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
(a) In divided or undivided interests; and
(b) With or without proration.
2. Each affected beneficiary must agree before any property or money is distributed without proration, unless the will authorizes a personal representative to distribute property and money without proration.