“Transfer instrument” defined.

NRS

155.0955

“Transfer instrument” defined.

“Transfer instrument” means a legal document intended to effectuate a transfer of property for less than fair market value, whether such transfer becomes effective during the life of the transferor or on or after the transferor’s death and includes, without limitation:

1. A will;

2. A trust;

3. A deed; and

4. Any form, contract or other document which:

(a) Creates, conveys or transfers any interest in property;

(b) Creates any type of joint ownership;

(c) Establishes a right of survivorship;

(d) Designates a beneficiary;

(e) Adds an authorized signer on any bank or brokerage account;

(f) Creates or attempts to effectuate a nonprobate transfer to be effective upon the death of the transferor; or

(g) Is intended to amend, modify, eliminate, supersede or revoke any other transfer instrument.

(Added to NRS by 2011, 1460 ; A 2015, 3535 )