NRS 163.558
Authority of settlor to specify conditions.


Except to the extent that it violates public policy, a settlor may:

1.

Make a devise conditional upon a beneficiary’s action or failure to take action or upon the occurrence or nonoccurrence of one or more specified events; and

2.

Specify the conditions or actions which would disqualify a person from serving or which would constitute cause for removal of a person who is serving in any capacity under the trust, including, without limitation, as a trustee, trust protector or trust adviser.

Source: Section 163.558 — Authority of settlor to specify conditions., https://www.­leg.­state.­nv.­us/NRS/NRS-163.­html#NRS163Sec558.

Last Updated

Jun. 24, 2021

§ 163.558’s source at nv​.us