Nevada § 166.150 - Accumulation of income
Full text of Nevada Nevada Revised Statutes § 166.150 — Accumulation of income, with citation guidance and answers to common questions.
§ 166.150. Accumulation of income
An accumulation of the income of trust property may be directed in the will or other
writing creating a spendthrift trust, for the benefit of one or more beneficiaries,
to commence within the time permitted for the vesting of future interests and not
to extend beyond the period limiting the time within which the absolute power of alienation
of property may be suspended. If the direction is for a longer term than is permitted by law, it is void only as
to the excess time, whether the direction be separable from the other clauses in the
trust or not, and in such cases of invalidity the income may be paid and distributed
to the next succeeding beneficiary in interest.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 166.150
What does Nevada Revised Statutes § 166.150 cover?
Section 166.150 ("Accumulation of income") 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 § 166.150?
A common citation format is "Nevada Revised Statutes § 166.150" (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 § 166.150 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.