Nev. Rev. Stat. § 163.003

Creation: Requirements

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NRS 163.003 Creation: Requirements. 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.

(Added to NRS by 1991, 1704; A 1999, 2367)

Notes of Decisions

Cited in 3 cases, 2015–2020 · leading case: Plyam v. Precision Development, LLC (In Re Plyam)

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Plyam v. Precision Development, LLC (In Re Plyam) (2015) bap9 “” Nev.Rev.Stat. § 163.003. There are various methods to create a trust, including a declaration by the owner of property that he or she holds the property as trustee or a transfer of property by the owner during his or her lifetime to another person as trustee.”

IN RE: CHRISTIAN FAMILY TRUST (2020) nev · cites it 2× “, NRS 163.003 (describing the requirements for a settlor to create a trust).”

In Re: Christian Family Trust (2020) nev “, NRS 163.003 (describing the requirements for a settlor to create a trust).”

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