Nev. Rev. Stat. » NRS: CHAPTER 166 - SPENDTHRIFT TRUSTS
Nevada Revised Statutes

Nev. Rev. Stat. § 166.020 (2026)

“Spendthrift trust” defined

✓ current as of July 2026
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NRS 166.020  “Spendthrift trust” defined.  “Spendthrift trust” means a trust in which by the terms thereof a valid restraint on the voluntary and involuntary transfer of the interest of the beneficiary is imposed. It is an active trust not governed or executed by any use or rule of law of uses.

      [1:86:1939; 1931 NCL § 6880]—(NRS A 2019, 1874)

     

Notes of Decisions
Cited in 6 cases (2 in the last 5 years), 1971–2025 · leading case: Ambrose v. First Nat'l Bank of Nevada, 482 P.2d 828 (Nev. 1971).
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Ambrose v. First Nat'l Bank of Nevada, 482 P.2d 828 (Nev. 1971). · cites it 4× “" Appellant does not question the validity of the trust as regards herself (for example as a fraud against creditors), and as was indicated, its validity or invalidity as regarded her mother does not determine this question.”
In Re Shuman, 68 B.R. 290 (Bankr. D. Nev. 1986). · cites it 2× “The NSTA defines a spendthrift trust as “a trust in which by the terms thereof a valid restraint on the voluntary and involuntary transfer of the interest of the beneficiary is imposed.”
In Re: Frei Irrevocable Trust, 2017 NV 8 (Nev. 2017). · cites it 2× “" NRS 166.020 (emphasis added). A settlor does not need any specific language to create a spendthrift trust as long as the intent to do so is clear in the writing.”
Snow Covered Capital, LLC v. Fonfa (D. Nev. 2025). · cites it 2× “” Nev. Rev. Stat. § 166.020 (emphasis added).”
In Re: Frei Irrevocable Trust, 2017 NV 8 (Nev. 2017). “" NRS 166.020 (emphasis added). A settlor does not need any specific language to create a spendthrift trust as long as the intent to do so is clear in the writing.”
Snow Covered Capital, LLC v. Fonfa (D. Nev. 2024). “” NRS 166.020. In other words, spendthrift trusts protect against a beneficiary’s 6 transfer of interests.”
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