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The out-of-court procedure can be used if the value of the estate is less than $100,000 for a surviving spouse or if the value doesn't exceed $25,000 for any other individual making a claim. If a deceased person owned motor vehicles registered to them, they don't count when the value of the estate is calculated.

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.

The executor is an individual who is responsible for distributing the assets and liabilities of the estate to the beneficiaries. Unless they are appointed as a trustee or guardian, the executor must be a resident of Nevada. They must also be 18 years old or older and can serve as executors.

In Nevada, the following assets are subject to probate: Solely-owned property: Any asset that was solely owned by the deceased person with no designated beneficiary is subject to probate. This could include bank accounts, cars, houses, personal belongings, and business interests.

?Summary Administration? is a type of probate proceeding in Nevada that exists as an alternative to the full probate proceeding known as a ?General Administration.? It's intended to help modest sized estates avoid some of the cost and delay of general administration.

How Much Does a Probate Lawyer Cost in Nevada? Because probate attorney fees in Nevada can vary, it's not easy to estimate a fee. Some probate attorneys will bill by the hour, but the majority in Nevada bill a flat fee using statute. Typically, it's between two and four percent of the estate value.