Nev. Rev. Stat. § 147.195

Debts and charges of estate: Priority of payment

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NRS 147.195  Debts and charges of estate: Priority of payment.  The debts and charges of the estate must be paid in the following order:

      1.  Expenses of administration.

      2.  Funeral expenses.

      3.  The expenses of the last illness.

      4.  Family allowance.

      5.  Debts having preference by laws of the United States.

      6.  Money owed to the Nevada Health Authority as a result of the payment of benefits for Medicaid.

      7.  Wages to the extent of $600, of each employee of the decedent, for work done or personal services rendered within 3 months before the death of the employer. If there is not sufficient money with which to pay all such labor claims in full, the money available must be distributed among the claimants in accordance with the amounts of their respective claims.

      8.  Judgments rendered against the decedent in his or her lifetime, and mortgages in order of their date. The preference given to a mortgage extends only to the proceeds of the property mortgaged. If the proceeds of that property are insufficient to pay the mortgage, the part remaining unsatisfied must be classed with other demands against the estate.

      9.  All other demands against the estate.

      (Added to NRS by 2003, 2513; A 2025, 3618)

     

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 2019–2024 · leading case: In Re: Guardianship of Echevarria
In Re: Guardianship of Echevarria (2019) nev · cites it 3× “As the adult ward had died, the guardian is required to wind up the guardianship and pay creditors according to the statutory priority discussed in NRS 147.195. NRS 159.193; NRS 159.195. While appellant contends that the district court erred in concluding that the tax debt…”
In Re: Guardianship of Echevarria (2019) nev · cites it 3× “As the adult ward had died, the guardian is required to wind up the guardianship and pay creditors according to the statutory priority discussed in NRS 147.195. NRS 159.193; NRS 159.195. While appellant contends that the district court erred in concluding that the tax debt…”
SATICOY BAY LLC SER. 3580 LOST HILLS v. FORECLOSURE RECOVERY SER., LLC (2024) nev “For example, Saticoy Bay cites NRS 147.195, which details the order in which debts of an estate must be paid, and NRS 147.”
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