{"data":{"id":"us-nv/nrs-163.006","jurisdiction":"us-nv","citation":"NRS 163.006","heading":"Creation: Beneficiary.","body":"A trust is created only if there is a beneficiary. This requirement is satisfied if the trust instrument provides for:\n1. A beneficiary or class of beneficiaries that is ascertainable with reasonable certainty or that is sufficiently described so that it can be determined whether a person meets the description or is within the class;\n2. A grant of power to the trustee or some other person to select the beneficiary based on a standard or in the discretion of the trustee or other person;\n3. A charitable trust as defined in NRS 163.460;\n4. A trust for the care of one or more animals created pursuant to NRS 163.0075;\n5. A public benefit trust as defined in NRS 163.551; or\n6. A noncharitable trust without an ascertainable beneficiary pursuant to NRS 163.5505.","path":["TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS","CHAPTER 163 - TRUSTS","CREATION AND VALIDITY OF TRUSTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-163.html#NRS163Sec006","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"cbbc30c342aa67bd8718a7d88ed0891258c8bd3e3d2c2432355cc67af4c32981","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-163.005","next":"us-nv/nrs-163.007"},"notice":"GroundRules: Original legal text. Not legal advice."}
