NRS 159.0895
Assets retained to pay expenses of funeral and disposal of remains of protected person: Amount exempt from all claims

  • placement in account or trust
  • reversion of excess to estate of protected person.

1.

The guardian may retain assets for the anticipated expense of the funeral of the protected person and the disposal of his or her remains. Of the amount so retained, $3,000 is exempt from all claims, including those of this state.

2.

The guardian may place assets so retained in a pooled account or trust. If the assets are invested in a savings account or other financial account, they are not subject to disposition as unclaimed property during the lifetime of the protected person.

3.

Assets so retained may be disbursed for the funeral of the protected person or the disposal of his or her remains without prior authorization of the court. An amount not so disbursed becomes part of the estate of the protected person.

Source: Section 159.0895 — Assets retained to pay expenses of funeral and disposal of remains of protected person: Amount exempt from all claims; placement in account or trust; reversion of excess to estate of protected person., https://www.­leg.­state.­nv.­us/NRS/NRS-159.­html#NRS159Sec0895.

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

§ 159.0895’s source at nv​.us