Except as otherwise provided in the trust instrument, the trustee is not required to consider a beneficiary’s assets or resources in determining whether to make a distribution of trust assets.
NRS 163.4175
Trustee not required to consider certain factors with regard to distribution of trust assets
Applied in 1 court decision — leading case WILLIAM J. RAGGIO FAMILY TRUST VS. DIST. CT. (RIGHETTI) (2020)
Most recently applied in WILLIAM J. RAGGIO FAMILY TRUST VS. DIST. CT. (RIGHETTI) (April 2020)
(Added to NRS by 2009, 786)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.