153.020 - Court retains jurisdiction after final distribution for certain purposes.
153.020 Court retains jurisdiction after final distribution for certain purposes. If a trust, life estate or estate for years is created by or under any will to continue after distribution, the court does not lose jurisdiction of the estate by final distribution, but retains jurisdiction of it until the distribution of the residue to those entitled to it. The distribution may be upon petition of the trustee, his or her successor in interest or of any person entitled to share in the distribution.
[Part 244:107:1941; A 1947, 38; 1943 NCL § 9882.244]—(NRS A 1959, 512; 1977, 569; 1983, 263, 669; 1999, 2352)