A trust is created only if:
1. The settlor properly manifests an intention to create a trust; and
2. There is trust property, except as otherwise provided in NRS 163.230.
NRS 163.003
Creation: Requirements
Applied in 2 court decisions — leading case Plyam v. Precision Development, LLC (In Re Plyam) (2015)
Most recently applied in IN RE: CHRISTIAN FAMILY TRUST (December 2020)
(Added to NRS by 1991, 1704; A 1999, 2367)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.