Nevada § 163.395 - Distribution in cash or kind
Full text of Nevada Nevada Revised Statutes § 163.395 — Distribution in cash or kind, with citation guidance and answers to common questions.
§ 163.395. Distribution in cash or kind
1. A fiduciary may: (a) Make distribution of capital assets of the estate or trust in kind or in cash,
or partially in kind and partially in cash, in divided or undivided interests, as
the fiduciary finds to be most practicable and for the best interests of the distributees;
and (b) Determine the value of capital assets for the purpose of making distribution thereof
if and when there is more than one distributee thereof, which determination shall
be binding upon the distributees unless clearly capricious, erroneous and inequitable. 2. The fiduciary shall not exercise any power under this section unless the fiduciary
holds title to or an interest in the property to be distributed and is required or
authorized to make distribution thereof.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 163.395
What does Nevada Revised Statutes § 163.395 cover?
Section 163.395 ("Distribution in cash or kind") 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 § 163.395?
A common citation format is "Nevada Revised Statutes § 163.395" (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 § 163.395 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.