1. In a power of attorney, a principal may nominate a guardian of the principal’s estate for consideration by the court if guardianship proceedings for the principal’s estate or person are begun after the principal executes the power of attorney.
2. If, after a principal properly executes a nondurable power of attorney pursuant to NRS 162A.220, a court appoints a guardian of the principal’s estate, the nondurable power of attorney is terminated.
3. If, after a principal properly executes a durable power of attorney pursuant to NRS 162A.220, a court appoints a guardian of the principal’s estate, the durable power of attorney is suspended and the agent’s authority is not exercisable unless the court orders the termination of the guardianship, and the power of attorney has not otherwise been terminated pursuant to NRS 162A.270. Upon the court ordering such a termination of the guardianship, the durable power of attorney is effective and no longer suspended pursuant to this subsection and the agent’s authority is exercisable.
4. Except as otherwise provided in subsection 3, the court may issue an order allowing the agent to retain specific powers conferred by the power of attorney. In the event the court allows the agent to retain specific powers, the agent shall file an accounting with the court and the guardian on a quarterly basis or such other period as the court may designate.
(Added to NRS by 2009, 177; A 2013, 925; 2019, 2186)
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