Nevada Revised Statutes 163.4145 – ‘Beneficial interest’ defined
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‘Beneficial interest’ means a distribution interest or a remainder interest, but does not include a power of appointment or a power reserved by the settlor.
Terms Used In Nevada Revised Statutes 163.4145
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.