Las Vegas Nevada Trust Agreement for Funds for Recovery of Judgment for Minor

Category:
State:
Multi-State
City:
Las Vegas
Control #:
US-01184BG
Format:
Word; 
Rich Text
Instant download

Description

A trust is the legal relationship between one person, the trustee, having an equitable ownership or management of certain property and another person, the beneficiary, owning the legal title to that property. The beneficiary is entitled to the performance of certain duties and the exercise of certain powers by the trustee, which performance may be enforced by a court of equity. This form is an example of a trust that is subject to direct court oversight since the initial trust funds resulted from a civil judgment in favor of a minor.

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  • Preview Trust Agreement for Funds for Recovery of Judgment for Minor
  • Preview Trust Agreement for Funds for Recovery of Judgment for Minor
  • Preview Trust Agreement for Funds for Recovery of Judgment for Minor
  • Preview Trust Agreement for Funds for Recovery of Judgment for Minor
  • Preview Trust Agreement for Funds for Recovery of Judgment for Minor
  • Preview Trust Agreement for Funds for Recovery of Judgment for Minor

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FAQ

In Nevada, the statute of limitations for collecting a judgment is typically six years. This means that once a judgment is obtained, the creditor has six years to enforce it. If you have a Las Vegas Nevada Trust Agreement for Funds for Recovery of Judgment for Minor, it is essential to act within this timeframe to secure the funds. If the statute expires, you may lose the right to collect your judgment, making timely action crucial.

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Las Vegas Nevada Trust Agreement for Funds for Recovery of Judgment for Minor