Nevada § 123.125 - Character of property transferred into trust
Full text of Nevada Nevada Revised Statutes § 123.125 — Character of property transferred into trust, with citation guidance and answers to common questions.
§ 123.125. Character of property transferred into trust
1. A trust instrument may provide that community property or separate property transferred
into an irrevocable trust of which both spouses are distribution beneficiaries, as
defined in NRS 163.415 , remains community property or separate property, as applicable, during the marriage. Any community property or separate property, including, without limitation, any
income, appreciation and proceeds thereof, that is distributed or withdrawn from a
trust instrument containing such a provision remains community property or separate
property, as applicable. 2. A spouse or other party in a case must establish by clear and convincing evidence
the transmutation of community property or separate property that is transferred into
a trust from, as applicable: (a) Community property to separate property; or (b) Separate property to community property. 3. The provisions of this section do not affect the character of community property
or separate property that is transferred into a trust in any manner other than as
described in this section.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 123.125
What does Nevada Revised Statutes § 123.125 cover?
Section 123.125 ("Character of property transferred into trust") 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 § 123.125?
A common citation format is "Nevada Revised Statutes § 123.125" (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 § 123.125 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.