NRS111.721. “Nonprobate transfer” defined.

      1.  “Nonprobate transfer” means a transfer of any property or interest in property from a decedent to one or more other persons by operation of law or by contract that is effective upon the death of the decedent and includes, without limitation:

      (a) A transfer by right of survivorship, including a transfer pursuant to subsection 1 of NRS 115.060;

      (b) A transfer by deed upon death pursuant to NRS 111.655 to 111.699, inclusive; and

      (c) A security registered as transferable on the death of a person.

      2.  The term does not include:

      (a) Property that is subject to administration in probate of the estate of the decedent;

      (b) Property that is set aside, without administration, pursuant to NRS 146.070; and

      (c) Property transferred pursuant to an affidavit as authorized by NRS 146.080.

      (Added to NRS by 2011, 1418)