NRS 159.086
Guardian of estate to cause appraisal or valuation of assets of guardianship estate

  • record or statement in lieu of appraisal.

1.

Except as otherwise provided in subsection 2, the guardian of an estate shall cause an appraisal or valuation of any asset of a guardianship estate to be conducted by a disinterested appraiser, certified public accountant or expert in valuation and file the appraisal or valuation with the court.

2.

In lieu of an appraisal, the guardian may file:

(a)

A verified record of value of an asset where the value of the asset can be determined with reasonable certainty, including, without limitation:

(1)

Money, deposits in banks, bonds, policies of life insurance or securities for money, when equal in value to cash; and

(2)

Personal property, including, without limitation, household goods, if the combined value of the personal property does not exceed $5,000.

(b)

A statement of the assessed value of real property as determined by the county assessor for tax purposes, except that if the real property is to be sold, the guardian must file an appraisal.

Source: Section 159.086 — Guardian of estate to cause appraisal or valuation of assets of guardianship estate; record or statement in lieu of appraisal., https://www.­leg.­state.­nv.­us/NRS/NRS-159.­html#NRS159Sec086.

159.077
General functions of guardian of person and estate. 159.078
Petition by guardian or other interested person for order authorizing or directing guardian to take certain actions. 159.079
General functions of guardian of person 159.081
Reports by guardian of person 159.083
General functions of guardian of estate. 159.085
Inventory, supplemental inventory and appraisal of property of protected person. 159.086
Guardian of estate to cause appraisal or valuation of assets of guardianship estate 159.087
Recording letters of guardianship. 159.089
Possession of and title to property of protected person 159.091
Discovery of debts or property. 159.093
Collecting obligations due protected person. 159.095
Representing protected person in legal proceedings. 159.097
Voidable contracts and transactions of protected person. 159.099
Liability of guardian of estate on contracts for protected person. 159.101
Exercising rights under stock ownership of protected person. 159.103
Claims against estate of protected person. 159.105
Payment of claims of guardian and claims arising from contracts of guardian 159.107
Presentment and verification of claims. 159.109
Examination and allowance or rejection of claims by guardian. 159.111
Recourse of claimant when claim rejected or not acted upon. 159.112
Authorized actions by guardian of the person if guardian of the estate has not been appointed 159.0795
Supervisory authority and powers of special guardian. 159.0801
Special guardian of person of limited capacity: Approval of court generally required before commencing act relating to person 159.0805
Approval of court required before guardian may consent to certain treatment of or experiment on protected person 159.0806
Approval of court required before guardian may consent to sterilization of protected person 159.0807
Moving location of protected person: Filing and service of notice of intent to move 159.0809
Notification to interested persons and persons of natural affection required upon impending death or death of protected person or obtaining information concerning burial or cremation of protected person. 159.0865
Certification of appraiser, certified public accountant or expert in valuation 159.0893
Access to account or other assets of protected person. 159.0895
Assets retained to pay expenses of funeral and disposal of remains of protected person: Amount exempt from all claims
Last Updated

Feb. 5, 2021

§ 159.086’s source at nv​.us