Disclaimer: This blog article is for educational purposes only and does not constitute legal advice.
Detailed Answer
In Nevada, a personal representative (also known as an executor) must provide specific information and perform duties to keep heirs informed and protect their interests. These requirements appear in the Nevada Revised Statutes (NRS) Chapter 132 governing probate administration.
1. Notice of Appointment
Within 10 days after qualification, the court clerk mails written notice of appointment to all heirs and devisees. See NRS 132.185: NRS 132.185.
2. Inventory and Appraisement
The personal representative must file an inventory and appraisal of estate assets within three months of appointment, listing real and personal property with estimated values. See NRS 132.155: NRS 132.155.
3. Periodic and Final Accountings
Heirs can request detailed accountings of receipts, disbursements, and pending claims. Upon written request, the personal representative has 60 days to deliver these records. See NRS 132.235: NRS 132.235.
Before estate distribution, the personal representative must prepare a final account showing all transactions; the court reviews and approves it. See NRS 132.255: NRS 132.255.
4. Distribution of Assets
After settling debts and taxes, the personal representative distributes remaining assets according to the will or Nevada’s intestacy laws. Heirs receive notice of intent to distribute and must consent or object in court.
Key Statutory References
- NRS 132.155 – Inventory and appraisement
- NRS 132.185 – Notice to heirs and devisees
- NRS 132.235 – Production of accountings
- NRS 132.255 – Final account and distribution
Helpful Hints
- Ask for copies of the inventory and accounting early to monitor progress.
- Keep detailed records of any communications with the personal representative.
- Consult an attorney if the personal representative misses deadlines or fails to respond.
- Review the will and Nevada’s intestacy statutes to understand your share.
- File a formal objection in probate court if you suspect mismanagement.
Note: This content does not substitute for personalized legal advice. Consider hiring a licensed Nevada attorney for guidance on your specific situation.