Nevada § 163.007 Validity of trust providing for one or more successor beneficiaries

Nevada Statutes

§ 163.007 — Validity of trust providing for one or more successor beneficiaries

Nevada § 163.007

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

CREATION AND VALIDITY OF TRUSTS

This text of Nevada § 163.007 (Validity of trust providing for one or more successor beneficiaries) 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. § 163.007 (2026).

Text

If a trust provides for one or more successor beneficiaries after the death of the settlor, the trust is not invalidated, merged or terminated because:

1.There is one settlor who is the sole trustee and the sole beneficiary during the lifetime of the settlor; or

2.There are two or more settlors, one or more of whom are trustees, and the beneficial interest in the trust is in one or more of the settlors during the lifetime of the settlors.

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If a trust provides for one or more successor beneficiaries after the death of the settlor, the trust is not invalidated, merged or terminated because:
1. There is one settlor who is the sole trustee and the sole beneficiary during the lifetime of the settlor; or
2. There are two or more settlors, one or more of whom are trustees, and the beneficial interest in the trust is in one or more of the settlors during the lifetime of the settlors.