NRS 163.005
Creation: Consideration.

Consideration is not required to create a trust, but a promise to create a trust in the future is enforceable only if it meets the requirements for enforcement as a contract.

Source: Section 163.005 — Creation: Consideration., https://www.leg.state.nv.us/NRS/NRS-163.html#NRS163Sec005.

163.002
Creation: Methods 163.003
Creation: Requirements. 163.004
Creation: Terms 163.005
Creation: Consideration. 163.006
Creation: Beneficiary. 163.007
Validity of trust providing for one or more successor beneficiaries. 163.008
Validity of trust created in relation to real property 163.009
Oral trust of personal property. 163.0075
Validity of trust providing for care of one or more animals. 163.0095
Electronic trust.

Last Updated

Feb. 5, 2021

§ 163.005’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_163.005

Original Source: Section 163.005 — Creation: Consideration., https://www.leg.state.nv.us/NRS/NRS-163.html#NRS163Sec005 (last accessed Feb. 5, 2021).

NRS 163.005 Creation: Consideration.

NRS 163.005
Creation: Consideration.