Terms Used In Nevada Revised Statutes > Chapter 165 > List of Assets

• Account: means a report of the financial condition of the trust estate prepared by a trustee which:

  (1) Must include the information set forth in NRS 165. See Nevada Revised Statutes 165.020

• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• Contract: A legal written agreement that becomes binding when signed.
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
• person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
• physician: means a person who engages in the practice of medicine, including osteopathy and homeopathy. See Nevada Revised Statutes 0.040
• Statute: A law passed by a legislature.
• Trust: means :

  (1) A trust as defined in NRS 163. See Nevada Revised Statutes 165.020

• Trustee: A person or institution holding and administering property in trust.
• Trustee: includes a nontestamentary trustee, a testamentary trustee and a corporate trustee, as well as a natural person. See Nevada Revised Statutes 165.020