Nevada § 159.0755 - Disposition of estate having value not exceeding by more than $10,000 aggregate amount of unpaid expenses of and claims against estate
Full text of Nevada Nevada Revised Statutes § 159.0755 — Disposition of estate having value not exceeding by more than $10,000 aggregate amount of unpaid expenses of and claims against estate, with citation guidance and answers to common questions.
§ 159.0755. Disposition of estate having value not exceeding by more than $10,000 aggregate amount of unpaid expenses of and claims against estate
If, at the time of the appointment of the guardian or thereafter, the estate of a
protected person consists of personal property having a value not exceeding by more
than $10,000 the aggregate amount of unpaid expenses of administration of the guardianship
estate and claims against the estate, the guardian of the estate, with prior approval
of the court by order, may pay those expenses and claims from the estate and deliver
all the remaining personal property to such person as the court may designate in the
order, to be held, invested or used as ordered by the court. The recipient of the property so delivered shall give a receipt therefor to the
guardian. The receipt is a release and acquittance to the guardian as to the property so delivered. The guardian shall file in the proceeding proper receipts or other evidence satisfactory
to the court showing the delivery, and the guardian is released from his or her trust
and the bond of the guardian is exonerated.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 159.0755
What does Nevada Revised Statutes § 159.0755 cover?
Section 159.0755 ("Disposition of estate having value not exceeding by more than $10,000 aggregate amount of unpaid expenses of and claims against estate") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 159.0755?
A common citation format is "Nevada Revised Statutes § 159.0755" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 159.0755 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.