No specific language is necessary for the creation of a spendthrift trust. It is sufficient if by the terms of the writing (construed in the light of this chapter if necessary) the creator manifests an intention to create such a trust.
NRS 166.050
No specific language necessary for creation of trust
Applied in 4 court decisions — leading case Ambrose v. First National Bank of Nevada (1971)
Most recently applied in KLABACKA VS. NELSON C/W 66772 (May 2017)
[3:86:1939; 1931 NCL § 6880.02]
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.