Nevada § 159A.125 Gifts from estate of protected minor

Nevada Statutes

§ 159A.125 — Gifts from estate of protected minor

Nevada § 159A.125

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 159AGuardianship

MANAGEMENT OF ESTATE

This text of Nevada § 159A.125 (Gifts from estate of protected minor) 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. § 159A.125 (2026).

Text

1. A guardian of the estate, with prior approval of the court by order, may, from the estate of the protected minor which is not necessary for the proper care, maintenance, education and support of the protected minor, make reasonable gifts directly, or into a trust, on behalf of the protected minor. 2. Any petition filed by a guardian pursuant to this section must state whether:

(a)The purpose of the guardian in seeking approval to make the gift is to dispose of assets to make the protected minor eligible for Medicaid; and

(b)Making the gift will cause the protected minor to become eligible for Medicaid.

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1. A guardian of the estate, with prior approval of the court by order, may, from the estate of the protected minor which is not necessary for the proper care, maintenance, education and support of the protected minor, make reasonable gifts directly, or into a trust, on behalf of the protected minor.
2. Any petition filed by a guardian pursuant to this section must state whether:
(a) The purpose of the guardian in seeking approval to make the gift is to dispose of assets to make the protected minor eligible for Medicaid; and
(b) Making the gift will cause the protected minor to become eligible for Medicaid.