Nevada Wills and Estates of Deceased Persons

Sec. § 153.130
Effect of power of appointment.

Except as otherwise provided in a will establishing a testamentary trust, a person holding a power of appointment pursuant to a testamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect to the exercise or nonexercise of the power of appointment.

Last accessed
Feb. 5, 2021