146.020 - After filing of inventory, court authorized to set apart exempt personal property and required to set apart homestead. - Nevada Statutes

146.020  After filing of inventory, court authorized to set apart exempt personal property and required to set apart homestead.  Upon the filing of the inventory or at any time thereafter during the administration of the estate, the court, on its own motion or upon petition by an interested person, may, if deemed advisable considering the needs and resources of the surviving spouse, minor child or minor children, set apart for the use of the surviving spouse, minor child or minor children of the decedent all of the personal property which is exempt by law from execution, and shall, in accordance with NRS 146.050, set apart the homestead, as designated by the general homestead law then in force, whether the homestead has theretofore previously been selected as required by law or not, and the property thus set apart is not subject to administration.

      [112:107:1941; 1931 NCL § 9882.112]—(NRS A 1999, 2303; 2009, 1628)