Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER166. Spendthrift Trusts |
CREATION OF SPENDTHRIFT TRUSTS |
NRS166.050. No specific language necessary for creation of trust.
Latest version.
- No specific language is necessary for the creation of a spendthrift trust. It is sufficient if by the terms of the writing (construed in the light of this chapter if necessary) the creator manifests an intention to create such a trust.
[3:86:1939; 1931 NCL § 6880.02]