163.590 - Disposition of certain tangible personal property by reference to statement or list; requirements for admissibility of statement or list as evidence of intended disposition. - Nevada Statutes

163.590  Disposition of certain tangible personal property by reference to statement or list; requirements for admissibility of statement or list as evidence of intended disposition.

      1.  Whether or not the provisions relating to electronic trusts apply, a trust may refer to a written statement or list, including, without limitation, a written statement or list contained in an electronic record, to dispose of items of tangible personal property not otherwise specifically disposed of by the trust, other than money, evidences of indebtedness, documents of title, securities and property used in a trade or business.

      2.  To be admissible as evidence of the intended disposition, the statement or list must contain:

      (a) The date of its execution.

      (b) A title indicating its purpose.

      (c) A reference to the trust to which it relates.

      (d) A reasonably certain description of the items to be disposed of and the beneficiaries.

      (e) The handwritten signature or electronic signature of the settlor.

      3.  The statement or list may be:

      (a) Referred to as a writing to be in existence at the death of the settlor.

      (b) Prepared before or after the execution of the trust instrument.

      (c) Altered by the settlor after its preparation.

      (d) A writing which has no significance apart from its effect upon the dispositions made by the trust.

      (Added to NRS by 1999, 2366; A 2001, 2351)