156.060 - Trustee’s powers and duties; payments for family expenses or support. - Nevada Statutes

156.060  Trustee’s powers and duties; payments for family expenses or support.

      1.  The trustee shall take possession of the real and personal estate in this State of such missing person, and collect and receive the rents, income and proceeds thereof, collect all indebtedness owing to him or her, and pay such indebtedness of the missing person as may be authorized by the court.

      2.  The court may direct the trustee to pay to the family of the missing person such sums of money for family expenses and support from the income and principal of the estate as it may, from time to time, determine.

      (Added to NRS by 1959, 505)