NRS165.132. “Remainder beneficiary” defined.

Latest version.

“Remainder beneficiary” means a beneficiary who will become a current beneficiary upon the death of an existing current beneficiary or upon the occurrence of some other event that may occur during the beneficiary’s lifetime, regardless of whether the beneficiary’s share is subject to elimination under a power of appointment other than a broad power of appointment.

(Added to NRS by 2011, 1472)

                    
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