Nevada Sample Letter regarding Revised Petition to Close Estate and For Other Relief
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How to fill out Sample Letter Regarding Revised Petition To Close Estate And For Other Relief?
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FAQ
(NRS 146.070.) The "set aside" process can begin 30 days after the decedent's death and requires mailed notice to the decedent's heirs, devisees, and creditors. The "set aside" process does require a court hearing, but generally requires fewer hearings than the probate administration processes of larger estates.
In Nevada, the law requires that assets worth more than $20,000 go through probate. There are many other factors that can affect how much an estate has to be worth in order for it to go through probate.
A person can ask the court to undo (or "set aside") a default or a final order. This motion usually must be filed within 6 months of when the default or order was entered. There are only a few reasons why a judge might undo a default or an order.
Requirements for a Set Aside in Nevada The Set Aside proceeding is only available to small estates that have less than $100,000 of assets. In determining the value of the estate's assets, you are allowed to subtract liens and other encumbrances (such as mortgages are car loans).
In Nevada there is no time limit or statute of limitations to do a probate. However, it is possible for a stranger (no relation to the decedent) to start a probate. This may be done because a lawyer or realtor is looking to make a fee, or a creditor to get paid.
