Nev. Rev. Stat. § 163.380
Employment and compensation of persons
Nevada · Nevada Revised Statutes Chapter 163 — Trusts · Status: effective
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- Nev. Rev. Stat. § 163.380, Employment and compensation of persons, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086510
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Full text
A fiduciary may employ and compensate, out of income or principal or both and in such proportion as the fiduciary deems advisable, persons deemed by the fiduciary needful to advise or assist in the proper settlement of the estate or administration of any trust, including, but not limited to, agents, accountants, brokers, attorneys at law, attorneys-in-fact, investment brokers, rental agents, realtors, appraisers and tax specialists; and do so without liability for any neglect, omission, misconduct or default of such agent or representative if he or she was selected and retained with due care on the part of the fiduciary.