Transfer to custodial trustee by fiduciary or obligor; facility of payment.
Nev. Rev. Stat. § 166A.210
in effect1. Unless otherwise directed by an instrument designating a custodial trustee pursuant to NRS 166A.190 , a person, including, without limitation, a fiduciary other than a custodial trustee, who holds property of or owes a debt to an incapacitated individual not having a conservator may make a transfer to an adult member of the beneficiarys family or to a trust company as custodial trustee for the use and benefit of the incapacitated individual. If the value of the property or the debt exceeds $20,000, the transfer is not effective unless authorized by the court.
2. A written acknowledgment of delivery, signed by a custodial trustee, is a sufficient receipt and discharge for property transferred to the custodial trustee pursuant to this section.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-166A.htmlFetched: 10/4/2026