Creation: Beneficiary.
Nev. Rev. Stat. § 163.006
in effectA trust is created only if there is a beneficiary. This requirement is satisfied if the trust instrument provides for:
1. A beneficiary or class of beneficiaries that is ascertainable with reasonable certainty or that is sufficiently described so that it can be determined whether a person meets the description or is within the class;
2. A grant of power to the trustee or some other person to select the beneficiary based on a standard or in the discretion of the trustee or other person;
3. A charitable trust as defined in NRS 163.460 ;
4. A trust for the care of one or more animals created pursuant to NRS 163.0075 ;
5. A public benefit trust as defined in NRS 163.551 ; or
6. A noncharitable trust without an ascertainable beneficiary pursuant to NRS 163.5505 .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-163.htmlFetched: 10/4/2026