Nevada § 163.417 Limitations on actions of creditors and courts: Trust property not subject to trustee’s personal obligations; beneficial interests may not be transferred under certain circumstances

Nevada Statutes

§ 163.417 — Limitations on actions of creditors and courts: Trust property not subject to trustee’s personal obligations; beneficial interests may not be transferred under certain circumstances

Nevada § 163.417

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 163Trusts

CONTROL OF TRUSTS

This text of Nevada § 163.417 (Limitations on actions of creditors and courts: Trust property not subject to trustee’s personal obligations; beneficial interests may not be transferred under certain circumstances) 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. § 163.417 (2026).

Text

1. A creditor may not exercise, and a court may not order the exercise of:

(a)A power of appointment or any other power concerning a trust that is held by a beneficiary;

(b)Any power listed in NRS 163.5553 that is held by a trust protector as defined in NRS 163.5547 or any other person;

(c)A trustee’s discretion to:

(1)Distribute any discretionary interest;

(2)Distribute any mandatory interest which is past due directly to a creditor; or

(3)Take any other authorized action in a specific way; or

(d)A power to distribute a beneficial interest of a trustee solely because the beneficiary is a trustee. 2. Trust property is not subject to the personal obligations of the trustee, even if the trustee is insolvent or bankrupt. 3. A settlor may provide in the terms of the trust instrument tha

Free access — add to your briefcase to read the full text and ask questions with AI

1. A creditor may not exercise, and a court may not order the exercise of:
(a) A power of appointment or any other power concerning a trust that is held by a beneficiary;
(b) Any power listed in NRS 163.5553 that is held by a trust protector as defined in NRS 163.5547 or any other person;
(c) A trustee’s discretion to:
(1) Distribute any discretionary interest;
(2) Distribute any mandatory interest which is past due directly to a creditor; or
(3) Take any other authorized action in a specific way; or
(d) A power to distribute a beneficial interest of a trustee solely because the beneficiary is a trustee.
2. Trust property is not subject to the personal obligations of the trustee, even if the trustee is insolvent or bankrupt.
3. A settlor may provide in the terms of the trust instrument that a beneficiary’s beneficial interest may not be transferred, voluntarily or involuntarily, before the trustee has delivered the interest to the beneficiary.