Nevada § 111.765 Property held in beneficiary form: Direct transfer; rights of owner; effective date of transfer

Nevada Statutes

§ 111.765 — Property held in beneficiary form: Direct transfer; rights of owner; effective date of transfer

Nevada § 111.765

Title 10PROPERTY RIGHTS AND TRANSACTIONS

Ch. 111Estates

General Personal and Miscellaneous Property

This text of Nevada § 111.765 (Property held in beneficiary form: Direct transfer; rights of owner; effective date of transfer) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 111.765 (2026).

Text

1.A transferor of property, with or without consideration, may directly transfer the property to a transferee to be held in beneficiary form, as owner of the property.

2.A transferee under an instrument described in subsection 1 of NRS 111.751 is the owner of the property for all purposes and has all the rights to the property otherwise provided by law to owners, including the right to revoke or change the beneficiary designation.

3.A direct transfer of property to a transferee to be held in beneficiary form is effective when the writing perfecting the transfer becomes effective to make the transferee the owner.

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1. A transferor of property, with or without consideration, may directly transfer the property to a transferee to be held in beneficiary form, as owner of the property.
2. A transferee under an instrument described in subsection 1 of NRS 111.751 is the owner of the property for all purposes and has all the rights to the property otherwise provided by law to owners, including the right to revoke or change the beneficiary designation.
3. A direct transfer of property to a transferee to be held in beneficiary form is effective when the writing perfecting the transfer becomes effective to make the transferee the owner.