NRS 164.030 Petition for instructions: Notice; hearing; final order; appeal.

349 words·~2 min read·/nv/chapter-164-administration-of-trusts/164-030·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

1. Any trustee whose appointment has been confirmed, as provided in NRS 164.010 , at any time thereafter may petition the court for instructions in the administration of the trust or for a construction of the trust instrument, or upon or after the filing of a final account, for the settlement and allowance thereof.

2. Upon the filing of the petition the court shall make an order fixing a time and place for hearing thereof, unless hearing has been waived in writing by the beneficiaries of the trust.

3. Unless otherwise ordered by the court, notice of the hearing must be given as follows:

(a)The clerk shall set the petition for hearing;

(b)The petitioner must give notice stating the filing of the petition and the object and time of the hearing to all persons entitled to notice as provided in NRS 155.010 ; and

(c)The trustee filing such petition shall cause a copy of the order to be delivered to the beneficiaries of the trust as follows:

(1)By handing the notice or copy to the beneficiary personally or to the beneficiary’s guardian, or attorney of record; or

(2)By sending it by registered or certified mail with return receipt requested to such beneficiary, or the beneficiary’s guardian or attorney of record, at the last known address of the addressee.

4. Upon the hearing the court shall make such order as it deems appropriate, which order is final and conclusive as to all matters thereby determined and binding in rem upon the trust estate and upon the interests of all beneficiaries, vested or contingent, except that appeal to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution may be taken from the order within 30 days from the entry thereof by filing notice of appeal with the clerk of the district court, who shall mail a copy of the notice to each adverse party who has appeared of record.