National Academy of Elder Law Attorneys.
NATIONAL Association of Estate Planners and Councils.
National Association of Health Underwriters.
National Association of Insurance Commissioners.
National Association of Insurance and Financial Advisors.
National Association of Professional Geriatric Care Managers.
Any group formed for reasons other than to obtain insurance.
Net Asset Value.
National Council on Aging.
National Conference of Commissions on Uniform State Laws.
National Crime Information Center.
National Conference Of Insurance Legislators.
National Defense Authorization Act of 2015.
Does not dispose of property but, instead, merely disinherits an heir. Authorized only in a minority of jurisdictions.
National Elder Law Foundation.
Value of all property in an estate less liabilities of the estate.
Net Taxable Estate
The value of your estate when you die less all of your estate’s liabilities, administrative expenses, and any applicable deductions.
Next of Kin
Closest living relative of decedent, under the California law governing intestate succession. Persons entitled to succeed to personal property; also called distribute.
National Firearms Act of 1934.
National Firearms Act Trade and Collector Association.
National Flood Insurance Program.
National Financial Literacy Month.
Net Income Charitable Remainder UniTrust.
Net Investment Income.
Net Investment Income Tax.
Net-Income with Makeup Charitable Remainder UniTrust.
Nevada INcomplete Gift non-grantor trust.
Notice of Interim Trail Use or Abandonment.
National Network of Estate Planning.
National Network of Estate Planning Attorneys.
No Contest Clause
See In Terrorem.
Notice Of Action.
Net OIperating Loss.
A special purpose trust, originally designed to hold real estate and thus sometimes called a “realty trust,” where the identity of the beneficiaries is contained in a document separate from the rest of the trust.
Regarding insurance, once issued, the policy cannot be cancelled, or the terms changed by the insurer. Also premiums cannot be increased. This is the best renewable provision and the most expensive. Normally found in disability income policies issued to age 65. Medicare supplements and LTC polices can be issued non-cancelable.
Non-Cancelable and Guaranteed Renewable
Adds to the non-cancelable benefits that the policy is also guaranteed to renew to a certain age., and the insurer cannot nonrenew the policy for any reason until that age is obtained.
Statutes that require claims against a debtor’s estate to be filed within a specific period to be enforceable against the debtor’s estate.
Non-General Power Of Appointment
Is thhe modern term for a limited or special power, meaning that permissible appointees may not include the powerholder, the powerholder’s estate, or creditors of either.
See Informal Probate.
This policy provision states that only illnesses and injury that happen off the job are covered.
See In-Terrorem Clause.
Employee benefit plan under which the employer bears the full cost of the employees’ benefits. This plan requires 100% of eligible employees to be enrolled.
An oral will, allowed only in extreme cases (and not in all states) such as where the testator faces imminent death.
Is the nonpejorative term used to describe a child born out of wedlock, also sometimes referred to as illegitimates or bastards.
Property owned or partially owned by the deceased but which does not pass through his probate estate, such as jointly held property or property in a living trust.
Net Operating Profits Interests.
National Organization of Social Security Claimants’ Representatives.
A person authorized by law to administer oaths, and authenticate signatures and documents.
Non-Public Personal Information.
Non-Qualified Deferred Compensation.
National Rifle Association.
Natural Resource Conservation Service programs.
National Trails System Act.
Net Unrealized Appreciation.
An oral will.
National Water and Climate Center (USDA).
New York Mercantile Exchange.
New York Philanthropic Advisors Network.