Nevada § 146.020 - Setting apart exempt personal property and homestead; setting aside or administration of remaining assets
Full text of Nevada Nevada Revised Statutes § 146.020 — Setting apart exempt personal property and homestead; setting aside or administration of remaining assets, with citation guidance and answers to common questions.
§ 146.020. Setting apart exempt personal property and homestead; setting aside or administration of remaining assets
1. The court, on its own motion or upon petition by an interested person, may, if
deemed advisable considering the needs and resources of the surviving spouse, minor
child or minor children, set apart for the use of the surviving spouse, minor child
or minor children of the decedent all of the personal property which is exempt by
law from execution, and shall, in accordance with NRS 146.050 , set apart the homestead, as designated by the general homestead law then in force,
whether the homestead has theretofore previously been selected as required by law
or not, and the property thus set apart is not subject to administration. 2. If, after setting apart the property pursuant to subsection 1, the remaining assets
of the estate do not exceed $100,000 and may be set aside without administration pursuant
to NRS 146.070 , the court shall set aside the remaining assets of the estate without administration
pursuant to the procedure set forth in NRS 146.070 . The court may consider at the same time a petition made pursuant to subsection 1
and a petition to set aside the remaining assets of the estate without administration
pursuant to NRS 146.070 . 3. If, after setting apart the property pursuant to subsection 1, the remaining assets
of the estate exceed $100,000 and may not be set aside without administration pursuant
to NRS 146.070 , the court shall administer the remaining assets of the estate pursuant to this title
as if the remaining assets of the estate are the only assets of the estate. If the petition to set apart property pursuant to subsection 1 is made in the initial
petition, the court shall consider only the value of the remaining assets of the estate
not set apart pursuant to subsection 1 for the purpose of ordering summary administration
pursuant to chapter 145 of NRS.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 146.020
What does Nevada Revised Statutes § 146.020 cover?
Section 146.020 ("Setting apart exempt personal property and homestead; setting aside or administration of remaining assets") 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 § 146.020?
A common citation format is "Nevada Revised Statutes § 146.020" (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 § 146.020 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.