§ 669A.220 Powers of family trust companies; banking business prohibited
§ 669A.222 Appointment of guardian for certain persons who are not residents of this State
§ 669A.223 Designation of person to represent and bind beneficiary and receive information regarding trust; exceptions; limitation on liability
§ 669A.225 Authorized actions and transactions; conflicts of interest
§ 669A.230 Investments
§ 669A.233 Nonjudicial settlement agreements: Authority to enter; scope; judicial approval
§ 669A.235 Nonjudicial settlement agreements: Notice to necessary parties; objections; actions alleging fraud, bad faith or willful violation of terms of trust; limitation of liability
§ 669A.237 Nonjudicial settlement agreements: Refraining from taking authorized action
§ 669A.240 Discontinuing business
§ 669A.250 Fidelity bonds; insurance
§ 669A.255 Annual and final reports; allocation to income
§ 669A.256 Sealing of trust documents
§ 669A.257 Privileged communications; applicability of attorney-client relationship

Terms Used In Nevada Revised Statutes > Chapter 669A > Powers and Miscellaneous Provisions

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • 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
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • Grantor: The person who establishes a trust and places property into it.
  • 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.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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
  • Personal property: All property that is not real property.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trustee: A person or institution holding and administering property in trust.