NRS 111.721
“Nonprobate transfer” defined.

1.

“Nonprobate transfer” means a transfer of any property or interest in property from a decedent to one or more other persons by operation of law or by contract that is effective upon the death of the decedent and includes, without limitation:

(a)

A transfer by right of survivorship, including a transfer pursuant to subsection 1 of NRS 115.060;

(b)

A transfer by deed upon death pursuant to NRS 111.655 to 111.699, inclusive; and

(c)

A security registered as transferable on the death of a person.

2.

The term does not include:

(a)

Property that is subject to administration in probate of the estate of the decedent;

(b)

Property that is set aside, without administration, pursuant to NRS 146.070;

(c)

Property transferred pursuant to an affidavit as authorized by NRS 146.080; and

(d)

Property transferred from an estate or a trust pursuant to a power of appointment granted under a will or trust, as applicable.

Source: Section 111.721 — “Nonprobate transfer” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-111.­html#NRS111Sec721.

Last Updated

Jun. 24, 2021

§ 111.721’s source at nv​.us