Senate Bill No. 478

Senate Bill No. 478-Committee on Human Resources and Facilities

June 24, 1997
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Referred to Committee on Human Resources and Facilities

SUMMARY--Revises circumstances under which Nevada commissioner for veteran affairs may act as guardian of estate of certain persons. (BDR 37-1655)

FISCAL NOTE: Effect on Local Government: No.

Effect on the State or on Industrial Insurance: No.

EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.

AN ACT relating to the Nevada commissioner for veteran affairs; revising the circumstances under which the commissioner may act as guardian of the estate of certain persons; and providing other matters properly relating thereto.

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

Section 1 NRS 417.110 is hereby amended to read as follows:
417.1101. [Subject to the provisions of subsection 2, the] The commissioner may act as guardian of the estate of:
(a) The minor child of a deceased veteran.
(b) An insane or incompetent veteran.
(c) A person who is certified by the Department of Veterans Affairs as having money due from the Department of Veterans Affairs, the payment of which is dependent upon the appointment of a guardian for the person.
2. [The commissioner may act as guardian as provided in subsection 1 only if at the time of appointment the estate, exclusive of money paid or to be paid by the Federal Government, does not exceed $2,500 in personal property or $3,500 in real property, or $2,500 in personal property and $3,500 in real property.
3.] If a person for whom the commissioner acts as guardian receives a monthly income of $500 or more, the commissioner may charge a fee of 5 percent of the income of the estate of the person to pay for the expenses of providing the guardianship service.
Sec. 2 NRS 417.130 is hereby amended to read as follows:
417.130 1. Notwithstanding the provisions of subsection [3] 2 of NRS 417.110, the commissioner may receive a fee, in an amount set by the court, for his guardianship services in any estate where the ward dies leaving no will or heirs.
2. The fee must be deposited in a bank account for veterans' relief.