LegalFix

NRS 253.0425 - Administration of or petition to set aside estate after investigation of gross value.

NV Rev Stat § 253.0425 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. If the public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, finds that there is no qualified person willing and able to administer the estate of a particular decedent, the public administrator or person shall investigate further to estimate its gross value.

2. If the estate appears to have a gross value of $100,000 or less, the public administrator or person employed or contracted with pursuant to NRS 253.125, as applicable, shall:

(a) Assist a proper person to petition to have it set aside without administration or directly receive the assets from a custodian, as the facts may warrant;

(b) Himself or herself petition to have the estate set aside without administration and properly distributed; or

(c) Administer the estate pursuant to NRS 253.0403.

3. If the estate appears to have a gross value of more than $100,000:

(a) The public administrator or person employed or contracted with pursuant to NRS 253.125, as applicable, shall proceed with summary or full administration as the value of the estate requires.

(b) The public administrator or person employed or contracted with pursuant to NRS 253.125, as applicable, may retain an attorney to assist him or her, rotating this employment in successive estates among the attorneys practicing in the county who are qualified by experience and willing to serve. The attorney’s fee is a charge upon the estate.

(Added to NRS by 1979, 992; A 1989, 1040; 1991, 197; 1999, 919; 2009, 2271; 2019, 1540)

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
NRS 253.0425 - Administration of or petition to set aside estate after investigation of gross value.