Nevada § 159A.085 - Inventory, supplemental inventory and appraisal of property of protected minor

§ 159A.085. Inventory, supplemental inventory and appraisal of property of protected minor

1. Not later than 60 days after the date of the appointment of a guardian of the estate

or, if necessary, such further time as the court may allow, the guardian shall make

and file in the guardianship proceeding a verified inventory of all of the property

of the protected minor which comes to the possession or knowledge of the guardian,

including, without limitation, the existence of any trust of which the protected minor

is currently a beneficiary who is receiving or is entitled to receive distributions. 2. A temporary guardian of the estate shall file an inventory with the court by not

later than the date on which the temporary guardian files a final accounting as required

pursuant to NRS 159A.177 . 3. The guardian shall take and subscribe an oath, which must be endorsed or attached

to the inventory, before any person authorized to administer oaths, that the inventory

contains a true statement of: (a) All of the estate of the protected minor which has come into the possession of

the guardian; (b) All of the money that belongs to the protected minor; and (c) All of the just claims of the protected minor against the guardian. 4. A copy of the inventory filed with the court and a notice of the filing must be

served on the protected minor, his or her attorney and any guardian ad litem representing

the protected minor. 5. Whenever any property of the protected minor not mentioned in the inventory comes

to the possession or knowledge of a guardian of the estate, the guardian shall: (a) Make and file in the proceeding a verified supplemental inventory not later than

30 days after the date the property comes to the possession or knowledge of the guardian;

or (b) Include the property in the next accounting. 6. The court may order which of the two methods described in subsection 5 the guardian

shall follow. 7. The court may order all or any part of the property of the protected minor appraised

as provided in NRS 159A.0865 and 159A.305 . 8. If the guardian neglects or refuses to file the inventory within the time required

pursuant to subsection 1, the court may, for good cause shown and upon such notice

as the court deems appropriate: (a) Revoke the letters of guardianship and the guardian is liable on the bond for

any loss or injury to the estate caused by the neglect of the guardian; or (b) Enter a judgment for any loss or injury to the estate caused by the neglect of

the guardian.