Nevada § 163.025 Combining or dividing certain trusts

Nevada Statutes

§ 163.025 — Combining or dividing certain trusts

Nevada § 163.025

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

TRUSTS (UNIFORM ACT)

This text of Nevada § 163.025 (Combining or dividing certain trusts) 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. § 163.025 (2026).

Text

1. Except as otherwise provided by the terms of the trust instrument, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts if the combination or division does not:

(a)Impair the rights of any beneficiary;

(b)Substantially affect the accomplishment of the purposes of the trust or trusts; or

(c)Violate the rule against perpetuities applicable to the trust or trusts. 2. If the terms of the trust instrument do not expressly authorize the combination or division of trusts, then the combination or division of trusts must be made by court order or after giving notice of the proposed action and following the procedure set forth in NRS 164.725 . The notice of the proposed action must include a summary of the anticipated tax consequences,

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1. Except as otherwise provided by the terms of the trust instrument, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts if the combination or division does not:
(a) Impair the rights of any beneficiary;
(b) Substantially affect the accomplishment of the purposes of the trust or trusts; or
(c) Violate the rule against perpetuities applicable to the trust or trusts.
2. If the terms of the trust instrument do not expressly authorize the combination or division of trusts, then the combination or division of trusts must be made by court order or after giving notice of the proposed action and following the procedure set forth in NRS 164.725 . The notice of the proposed action must include a summary of the anticipated tax consequences, if any, of the proposed combination or division.