164.010 - Trustee: Petition for confirmation of appointment; jurisdiction of court; petition for removal of trust from jurisdiction of court. - Nevada Statutes

164.010  Trustee: Petition for confirmation of appointment; jurisdiction of court; petition for removal of trust from jurisdiction of court.

      1.  Upon petition of any person appointed as trustee of an express trust by any written instrument other than a will, or upon petition of a settlor or beneficiary of the trust, the district court of the county in which the trustee resides or conducts business, or in which the trust has been domiciled, shall consider the application to confirm the appointment of the trustee and specify the manner in which the trustee must qualify. Thereafter the court has jurisdiction of the trust as a proceeding in rem.

      2.  If the court grants the petition, it may consider at the same time any petition for instructions filed with the petition for confirmation.

      3.  At any time, the trustee may petition the court for removal of the trust from continuing jurisdiction of the court.

      4.  As used in this section, “written instrument” includes, without limitation, an electronic trust as defined in NRS 163.0015.

      [1:22:1953]—(NRS A 1961, 400; 1999, 2377; 2001, 2352)