Home/Nevada/Statutes/Title 12: WILLS AND ESTATES OF DECEASED PERSONS/Ch. 151: Adjustments;/: ADVANCEMENTS, SATISFACTION OF TESTAMENTARY GIFTS, ADEMPTIONS AND ABATEMENT/§ 151.140
Nevada Statutes

§ 151.140 — Value of property advanced

Nevada § 151.140
JurisdictionNevada
Title 12WILLS AND ESTATES OF DECEASED PERSONS
Ch. 151Adjustments;
ADVANCEMENTS, SATISFACTION OF TESTAMENTARY GIFTS, ADEMPTIONS AND ABATEMENT

This text of Nevada § 151.140 (Value of property advanced) 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. § 151.140 (2026).

Text

If the value of the advancement is expressed in the conveyance, or in the charge thereof made by the decedent, or in the acknowledgment of the person receiving it, that value must be used in the distribution and division of the estate. Otherwise, the value must be estimated according to its value when given, as nearly as can be ascertained.

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Legislative History

[304:107:1941; 1931 NCL § 9882.304]—(NRS A 1999, 2344 )

Nearby Sections

15
§ 151.003
Order of priority for payment of devises
§ 151.005
Agreement by distributees to alter interests, shares or amounts to which they are otherwise entitled under terms of will: Requirements; exceptions; personal representative to abide by terms
§ 151.010
Petition for partial distribution; bond
§ 151.020
Petition for hearing and notice of hearing
§ 151.030
Contest of petition
§ 151.040
Order for distribution: Prerequisites to order; bond; assumption of personal liability by heir or devisee
§ 151.050
Order of repayment: Action on bond or other security; action against distributee if no bond or other security given
§ 151.060
Partition when partial distribution ordered
§ 151.070
Costs
§ 151.080
Petition for final distribution
§ 151.090
Notice of hearing of petition
§ 151.095
Manner of distribution; distribution without proration
§ 151.110
Order and distribution; recording of copy of order conveying real property
§ 151.120
When gift before death not deemed advancement
§ 151.130
Computation of share of estate if heir or devisee received advancement
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Bluebook (online)
Nevada § 151.140, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/151.140.