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Current as of January 01, 2025 | Updated by Findlaw Staff
1. If an attorney for a personal representative receives compensation pursuant to NRS 150.060 based on the value of the estate accounted for by the personal representative, the court may allow additional compensation for extraordinary services by the attorney for the personal representative in an amount the court determines is just and reasonable after petition, notice and hearing in the manner provided in NRS 150.060.
2. Extraordinary services by the attorney for a personal representative for which the court may allow compensation include extraordinary services performed by a paralegal under the direction and supervision of the attorney.
3. The petition requesting approval for compensation for extraordinary services must include the following information:
(a) Reference to time and hours;
(b) The nature and extent of services rendered;
(c) The complexity of the work required;
(d) The hours spent and services performed by a paralegal if the compensation includes extraordinary services performed by a paralegal as described in subsection 2; and
(e) Other information considered to be relevant to a determination of entitlement.
4. An attorney for a personal representative may agree to perform extraordinary services on a contingency fee basis if:
(a) There is a written agreement between the personal representative and the attorney that sets forth the manner in which the compensation is to be calculated and that is approved by the court after a hearing; and
(b) The court determines that the compensation provided in the agreement is just and reasonable and that the agreement will be to the advantage of the estate and is in the best interests of the persons interested in the estate.
5. Notice of a hearing required by subsection 4 must be given for the period and in the manner provided in NRS 155.010.
6. As used in this section, “extraordinary services” include, without limitation:
(a) Sales or mortgages of real or personal property;
(b) Operating a decedent's business;
(c) Participating in litigation relating to the estate;
(d) Securing a loan to pay debts relating to the estate; and
(e) Preparing and filing income tax returns for the estate.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 12. Wills and Estates of Deceased Persons § 150.061. Attorneys for personal representatives: Compensation for extraordinary services - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-12-wills-and-estates-of-deceased-persons/nv-rev-st-150-061/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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