NRS 159A.0895
Assets retained to pay expenses of funeral and disposal of remains of protected minor: Amount exempt from all claims

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

1.

The guardian may retain assets for the anticipated expense of the protected minor’s funeral 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, the assets are not subject to disposition as unclaimed property during the lifetime of the protected minor.

3.

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

Source: Section 159A.0895 — Assets retained to pay expenses of funeral and disposal of remains of protected minor: Amount exempt from all claims; placement in account or trust; reversion of excess to estate of protected minor., https://www.­leg.­state.­nv.­us/NRS/NRS-159A.­html#NRS159ASec0895.

159A.077
General functions of guardian of person and estate. 159A.078
Petition by guardian or other interested person for order authorizing or directing guardian to take certain actions. 159A.079
General functions of guardian of person 159A.081
Reports by guardian of person. 159A.083
General functions of guardian of estate. 159A.085
Inventory, supplemental inventory and appraisal of property of protected minor. 159A.086
Guardian of estate to cause appraisal or valuation of assets of guardianship estate 159A.087
Recording letters of guardianship. 159A.089
Possession of and title to property of protected minor 159A.091
Discovery of debts or property. 159A.095
Representing protected minor in legal proceedings. 159A.097
Voidable contracts and transactions of protected minor. 159A.099
Liability of guardian of estate on contracts for protected minor. 159A.103
Claims against estate of protected minor. 159A.105
Payment of claims of guardian and claims arising from contracts of guardian 159A.107
Presentment and verification of claims. 159A.109
Examination and allowance or rejection of claims by guardian. 159A.111
Recourse of claimant when claim rejected or not acted upon. 159A.112
Authorized actions by guardian of the person if guardian of the estate has not been appointed 159A.0805
Approval of court required before guardian may consent to certain treatment of or experiment on protected minor 159A.0807
Moving location of protected minor: Filing and service of notice of intent to move 159A.0809
Notification to interested persons and persons of natural affection required upon impending death or death of protected minor or obtaining information concerning burial or cremation of protected minor. 159A.0865
Certification of appraiser, certified public accountant or expert in valuation 159A.0893
Access to account or other assets of protected minor. 159A.0895
Assets retained to pay expenses of funeral and disposal of remains of protected minor: Amount exempt from all claims
Last Updated

Jun. 24, 2021

§ 159A.0895’s source at nv​.us