Statute 164 700

As used in NRS 164.700 to 164.925, inclusive: 1. 'Fiduciary' means a trustee or, to the extent that NRS 164.780 to 164.925, inclusive, apply to an estate, a personal representative. 2. 'Terms of a trust' means the manifestation of the intent of a settlor or decedent with respect to the trust, expressed in a manner that admits of its proof in a judicial proceeding, whether by written or spoken words or by conduct. 3. 'Unitrust' means a trust in which a certain percentage of annually assessed fair market value of trust property is paid to a trust beneficiary. (Added to NRS by 2003, 1965; A 2009, 799)