2014 Nevada Revised Statutes
Chapter 159 - Guardianships
NRS 159.127 - Purposes for which property of ward may be sold, leased or placed in trust.

NV Rev Stat § 159.127 (2014) What's This?

A guardian of the estate, with prior approval of the court by order, may sell, lease or place in trust any of the property of the ward:

1. For the purpose of paying claims against the ward, the guardianship estate or the guardian of the estate.

2. For the purpose of providing for the proper care, maintenance, education and support of the ward and any person to whom the ward owes a legal duty of support.

3. For the purpose of investing the proceeds.

4. To obtain income through rentals or royalties.

5. For any other purpose that is in the best interests of the ward.

(Added to NRS by 1969, 424; A 1979, 591)

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