145.080 - Close of administration and distribution. - Nevada Statutes

145.080  Close of administration and distribution.  The administration of the estate may be closed and distribution made at any time after the expiration of the time for the personal representative to act on the claims, if it appears to the court that all the debts of the estate, expenses and charges of administration and allowances to the family, if any, have been paid, and the estate is in condition to be finally settled.

      [Part 308:107:1941; 1931 NCL § 9882.308]—(NRS A 1971, 1163; 1999, 2303)

      NRS 145.110  Revocation of summary administration.  If at any time after the entry of an order for the summary administration of an estate it appears that the gross value of the estate, after deducting any encumbrances, exceeds $200,000 as of the death of the decedent, the personal representative shall petition the court for an order revoking summary administration. The court may, if deemed advisable considering the nature, character and obligations of the estate, provide in its order revoking summary administration that regular administration of the estate may proceed unabated upon providing such portions of the regular proceedings and notices as were dispensed with by the order for summary administration.

      (Added to NRS by 1999, 2301; A 2007, 896)