{"data":{"id":"us-nv/nrs-163.417","jurisdiction":"us-nv","citation":"NRS 163.417","heading":"Limitations on actions of creditors and courts: Trust property not subject to trustee’s personal obligations; beneficial interests may not be transferred under certain circumstances.","body":"1. A creditor may not exercise, and a court may not order the exercise of:\n(a) A power of appointment or any other power concerning a trust that is held by a beneficiary;\n(b) Any power listed in NRS 163.5553 that is held by a trust protector as defined in NRS 163.5547 or any other person;\n(c) A trustee’s discretion to:\n(1) Distribute any discretionary interest;\n(2) Distribute any mandatory interest which is past due directly to a creditor; or\n(3) Take any other authorized action in a specific way; or\n(d) A power to distribute a beneficial interest of a trustee solely because the beneficiary is a trustee.\n2. Trust property is not subject to the personal obligations of the trustee, even if the trustee is insolvent or bankrupt.\n3. A settlor may provide in the terms of the trust instrument that a beneficiary’s beneficial interest may not be transferred, voluntarily or involuntarily, before the trustee has delivered the interest to the beneficiary.","path":["TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS","CHAPTER 163 - TRUSTS","CONTROL OF TRUSTS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-163.html#NRS163Sec417","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"67f6477230254a4596cadd8183d5cb4bfacbe43971e2e08605ce790d9d6c967f","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-163.4167","next":"us-nv/nrs-163.4175"},"notice":"GroundRules: Original legal text. Not legal advice."}