Updated September 7, 2026. Quick answer: In Nevada, nevada does not tie the bond requirement to an informal/formal administration split; instead the requirement is fully discretionary with the court regardless of what the will says. The court may require a bond even if the will waives it, or dispense with a bond even if the will requires one.
Does Nevada require an executor to post a bond?
Nevada does not tie the bond requirement to an informal/formal administration split; instead the requirement is fully discretionary with the court regardless of what the will says. The court may require a bond even if the will waives it, or dispense with a bond even if the will requires one.
“The requirement of a bond of a personal representative is discretionary with the court. Whether a bond is expressly required by the will or not, the court may: (a) Require a bond if it determines a bond is desirable”
Source: Nev. Rev. Stat. § 142.020
Can the will waive it in Nevada?
Sometimes. A will’s bond directive is not binding; under NRS 142.020 and the related NRS 142.070, the court can override either a will’s waiver or its requirement of bond based on its own assessment of necessity.
Can the heirs or beneficiaries waive it in Nevada?
No. The statute does not condition the bond decision on heir or beneficiary consent; it is committed to judicial discretion, informed by factors like whether liquid assets are held in a blocked account.
If a bond is required, how much?
When a bond is required, Nevada sizes it at 100% of the estimated value of the personal estate plus expected annual income, per its own bond-amount statute.
“The amount of the bond is the estimated value of all personal property plus income for 1 year from both real and personal property”
Source: Nev. Rev. Stat. § 142.020(5)
What makes Nevada different
Nevada is unusual in making the bond decision purely a matter of judicial discretion rather than a rule keyed to administration type or will language; even an explicit will waiver or requirement is only advisory to the judge, which is a meaningfully different structure from most other states surveyed.
| Bond-requirement source | Nev. Rev. Stat. § 142.020 |
| Nevada courts (general reference) | Nevada judicial branch |
| Confidence | High |
Every statute quoted on this page was read directly from the state’s own legislature/code site this session, or, where that site blocked automated access, from a reputable legal-citation mirror quoting the same official text with its official citation (disclosed below). General information, not legal advice; a probate court has final discretion over bond in every state; confirm your own case with the court or a local attorney before relying on the default described here.
Related: how long creditors have to file a claim against an estate in Nevada.