Nevada Guardianships; Conservatorships; Trusts
Sec. § 166A.300
Expenses, compensation and bond of custodial trustee.


Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary or by court order, a custodial trustee:

1.

Is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services;

2.

Has a noncumulative election, to be made no later than 6 months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and

3.

Need not furnish a bond or other security for the faithful performance of fiduciary duties.
Source
Last accessed
Nov. 21, 2019