New Jersey Revised Statutes
Title 3B - Administration of Estates--Decedents and Others

Section 3B:16-8 - Guardian to file inventory of estate of minor or person who is incapacitated. - 3B:16-8 Guardian to file inventory of estate of minor or...

Section 3B:17-1 - Filing of release or discharge. - 3B:17-1 Filing of release or discharge. 3B:17-1. A fiduciary need...

Section 3B:17-2 - Accounts of personal representatives - 3B:17-2. Accounts of personal representatives A personal representative may settle...

Section 3B:17-3 - Accounts of guardians and trustees - 3B:17-3. Accounts of guardians and trustees A guardian or trustee...

Section 3B:17-4 - Account and bond required of cofiduciary - 3B:17-4. Account and bond required of cofiduciary Upon good cause...

Section 3B:17-5 - Account by representative of deceased fiduciary - 3B:17-5. Account by representative of deceased fiduciary When a fiduciary...

Section 3B:17-6 - Examination of accountant on exceptions to account - 3B:17-6. Examination of accountant on exceptions to account On exceptions...

Section 3B:17-7 - Statements or information regarding assets as part of account - 3B:17-7. Statements or information regarding assets as part of account...

Section 3B:17-8 - Effect of judgment allowing account - 3B:17-8. Effect of judgment allowing account A judgment allowing an...

Section 3B:17-9 - Nontestamentary trustee defined - 3B:17-9. Nontestamentary trustee defined As used in this article, "nontestamentary...

Section 3B:17-10 - Settling accounts in the Superior Court - 3B:17-10. Settling accounts in the Superior Court A nontestamentary trustee...

Section 3B:17-11 - Surrogate's fees - 3B:17-11. Surrogate's fees The surrogate and the Clerk of the...

Section 3B:17-12 - Fiduciary, receiver or assignee; rental of safe deposit box; expenses of safe-keeping of securities - 3B:17-12. Fiduciary, receiver or assignee; rental of safe deposit box;...

Section 3B:17-13 - Effect of nonjudicial settlement or waiver of account. - 3B:17-13 Effect of nonjudicial settlement or waiver of account. 81....

Section 3B:18-2 - Commissions of nontestamentary trustee - 3B:18-2. Commissions of nontestamentary trustee On the settlement of the...

Section 3B:18-3 - Provision in will for specific compensation - 3B:18-3. Provision in will for specific compensation Where provision is...

Section 3B:18-4 - Disputes between fiduciaries as to apportionment - 3B:18-4. Disputes between fiduciaries as to apportionment When a difference...

Section 3B:18-5 - Fiduciary removed from office; forfeiture of commissions - 3B:18-5. Fiduciary removed from office; forfeiture of commissions Where a...

Section 3B:18-6 - Legal fees for attorney also serving as fiduciary - 3B:18-6. Legal fees for attorney also serving as fiduciary If...

Section 3B:18-7 - Annual statement relating to corpus commissions taken - 3B:18-7. Annual statement relating to corpus commissions taken A trustee...

Section 3B:18-8 - Definitions - 3B:18-8. Definitions As used in this article: a. "Fiduciary" means...

Section 3B:18-9 - Additional compensation - 3B:18-9. Additional compensation The court upon the settlement and allowance...

Section 3B:18-10 - Notice to recipient of property - 3B:18-10. Notice to recipient of property The court shall prescribe...

Section 3B:18-11 - Manner of payment of additional compensation - 3B:18-11. Manner of payment of additional compensation The additional compensation...

Section 3B:18-12 - Definition of fiduciary - 3B:18-12. Definition of fiduciary As used in this article "fiduciary"...

Section 3B:18-13 - Income commissions - 3B:18-13. Income commissions Commissions in the amount of 6% may...

Section 3B:18-14 - Corpus commissions. - 3B:18-14 Corpus commissions. 3B:18-14. Corpus commissions. Commissions on all corpus...

Section 3B:18-16 - Corpus commissions; unusual or extraordinary services - 3B:18-16. Corpus commissions; unusual or extraordinary services The court may,...

Section 3B:18-17 - Taking annual amounts on account of corpus commissions - 3B:18-17. Taking annual amounts on account of corpus commissions Fiduciaries...

Section 3B:18-18 - Value of assets for computing commissions taken annually - 3B:18-18. Value of assets for computing commissions taken annually In...

Section 3B:18-19 - Failure to take commissions annually shall not constitute a waiver thereof - 3B:18-19. Failure to take commissions annually shall not constitute a...

Section 3B:18-20 - Corpus commissions taken annually subject to review - 3B:18-20. Corpus commissions taken annually subject to review Commissions taken...

Section 3B:18-21 - Burden of proving value - 3B:18-21. Burden of proving value In the event of a...

Section 3B:18-22 - When rates for corpus commissions taken annually effective - 3B:18-22. When rates for corpus commissions taken annually effective With...

Section 3B:18-23 - "Fiduciary" defined - 3B:18-23. "Fiduciary" defined As used in this article "fiduciary" means...

Section 3B:18-24 - Income commissions - 3B:18-24. Income commissions Commissions in the amount of 6% may...

Section 3B:18-25 - Fiduciaries may take annual commissions on corpus - 3B:18-25. Fiduciaries may take annual commissions on corpus 3B:18-25. a....

Section 3B:18-25.1 - Taking annual amount on accounts of corpus commissions: two or more fiduciaries - 3B:18-25.1. Taking annual amount on accounts of corpus commissions: two...

Section 3B:18-25.2 - Powers of qualified bank; duties of agent - 3B:18-25.2. Powers of qualified bank; duties of agent 12. a....

Section 3B:18-26 - Failure to take commissions annually shall not constitute a waiver thereof - 3B:18-26. Failure to take commissions annually shall not constitute a...

Section 3B:18-27 - Commissions taken annually subject to review - 3B:18-27. Commissions taken annually subject to review Commissions taken as...

Section 3B:18-28 - Corpus commissions on termination of trust, guardianship or upon distribution of assets - 3B:18-28. Corpus commissions on termination of trust, guardianship or upon...

Section 3B:18-29 - Corpus commissions; unusual or extraordinary services - 3B:18-29. Corpus commissions; unusual or extraordinary services The court may,...

Section 3B:18-30 - Burden of proving value - 3B:18-30. Burden of proving value In the event of a...

Section 3B:18-31 - Authorization in testator's will as to commissions exceeding legal rates - 3B:18-31. Authorization in testator's will as to commissions exceeding legal...

Section 3B:18-32 - When rates for corpus commissions taken annually effective - 3B:18-32. When rates for corpus commissions taken annually effective With...

Section 3B:18-33 - When rates of corpus commissions on termination of trusts or guardianship effective - 3B:18-33. When rates of corpus commissions on termination of trusts...

Section 3B:19B-1 - Short title - 3B:19B-1. Short title 1. Short Title. This act shall be...

Section 3B:19B-2 - Definitions - 3B:19B-2. Definitions 2. Definitions. As used in this act: "Accounting...

Section 3B:19B-3 - Fiduciary duties; general principles - 3B:19B-3. Fiduciary duties; general principles 3. Fiduciary Duties; General Principles....

Section 3B:19B-4 - Trustee's power to adjust. - 3B:19B-4 Trustee's power to adjust. 4. Trustee's Power to Adjust....

Section 3B:19B-5 - Determination and distribution of net income - 3B:19B-5. Determination and distribution of net income 5. Determination and...

Section 3B:19B-6 - Distribution to residuary and remainder beneficiaries - 3B:19B-6. Distribution to residuary and remainder beneficiaries 6. Distribution to...

Section 3B:19B-7 - When right to income begins and ends - 3B:19B-7. When right to income begins and ends 7. When...

Section 3B:19B-8 - Apportionment of receipts and disbursements when decedent dies or income interest begins - 3B:19B-8. Apportionment of receipts and disbursements when decedent dies or...

Section 3B:19B-9 - Apportionment when income interest ends - 3B:19B-9. Apportionment when income interest ends 9. Apportionment When Income...

Section 3B:19B-10 - Character of receipts - 3B:19B-10. Character of receipts 10. Character of Receipts. a. As...

Section 3B:19B-11 - Distribution from trust or estate - 3B:19B-11. Distribution from trust or estate 11. Distribution from Trust...

Section 3B:19B-12 - Business and other activities conducted by trustee - 3B:19B-12. Business and other activities conducted by trustee 12. Business...

Section 3B:19B-13 - Principal receipts - 3B:19B-13. Principal receipts 13. Principal Receipts. A trustee shall allocate...

Section 3B:19B-14 - Rental property - 3B:19B-14. Rental property 14. Rental Property. To the extent that...

Section 3B:19B-15 - Obligation to pay money - 3B:19B-15. Obligation to pay money 15. Obligation to Pay Money....

Section 3B:19B-16 - Insurance policies and similar contracts - 3B:19B-16. Insurance policies and similar contracts 16. Insurance Policies and...

Section 3B:19B-17 - Deferred compensation, retirement benefits, annuities, and similar payments - 3B:19B-17. Deferred compensation, retirement benefits, annuities, and similar payments 17....

Section 3B:19B-18 - Liquidating asset - 3B:19B-18. Liquidating asset 18. Liquidating Asset. a. As used in...

Section 3B:19B-19 - Minerals, water and other natural resources - 3B:19B-19. Minerals, water and other natural resources 19. Minerals, Water...

Section 3B:19B-20 - Timber - 3B:19B-20. Timber 20. Timber. a. To the extent that a...

Section 3B:19B-21 - Property not productive of income - 3B:19B-21. Property not productive of income 21. Property Not Productive...

Section 3B:19B-22 - Derivatives and options - 3B:19B-22. Derivatives and options 22. Derivatives and Options. a. As...

Section 3B:19B-23 - Asset-backed securities - 3B:19B-23. Asset-backed securities 23. Asset-backed Securities. a. As used in...

Section 3B:19B-24 - Disbursements from income - 3B:19B-24. Disbursements from income 24. Disbursements from Income. A trustee...

Section 3B:19B-25 - Disbursements from principal - 3B:19B-25. Disbursements from principal 25. Disbursements from Principal. a. A...

Section 3B:19B-26 - Transfers from income to principal for depreciation - 3B:19B-26. Transfers from income to principal for depreciation 26. Transfers...

Section 3B:19B-27 - Transfer from income to reimburse principal - 3B:19B-27. Transfer from income to reimburse principal 27. Transfer from...

Section 3B:19B-28 - Income taxes - 3B:19B-28. Income taxes 28. Income Taxes. a. A tax required...

Section 3B:19B-29 - Uniformity of application and construction - 3B:19B-29. Uniformity of application and construction 29. Uniformity of Application...

Section 3B:19B-30 - Application of act to existing and future trusts and estates - 3B:19B-30. Application of act to existing and future trusts and...

Section 3B:19B-31 - Judicial control of discretionary powers - 3B:19B-31. Judicial control of discretionary powers 31. Judicial Control of...

Section 3B:20-1 - Definitions - 3B:20-1 Definitions 3B:20-1. Definitions. As used in this chapter: a....

Section 3B:20-3 - Corporate fiduciary may register securities in name of nominee without disclosing fiduciary capacity - 3B:20-3. Corporate fiduciary may register securities in name of nominee...

Section 3B:20-4 - Corporate fiduciary liable for loss caused by acts of nominee - 3B:20-4. Corporate fiduciary liable for loss caused by acts of...

Section 3B:20-5 - Limitation on authority to register securities in name of nominee - 3B:20-5. Limitation on authority to register securities in name of...

Section 3B:20-7 - Directions of court concerning the sale, conversion or retention of investments - 3B:20-7 Directions of court concerning the sale, conversion or retention...

Section 3B:20-8 - Protection afforded fiduciary continuing investments under court order - 3B:20-8 Protection afforded fiduciary continuing investments under court order 3B:20-8....

Section 3B:20-9 - Application to court upon change in conditions - 3B:20-9 Application to court upon change in conditions 3B:20-9. Application...

Section 3B:20-10 - Investments by court order upon change in conditions - 3B:20-10 Investments by court order upon change in conditions 3B:20-10....

Section 3B:20-11.1 - Short title - 3B:20-11.1 Short title 1. Sections 1 through 12 of this...

Section 3B:20-11.2 - Compliance by fiduciary with prudent investor rule - 3B:20-11.2 Compliance by fiduciary with prudent investor rule 2. a....

Section 3B:20-11.3 - Investments, management of trust assets by fiduciary - 3B:20-11.3 Investments, management of trust assets by fiduciary 3. a....

Section 3B:20-11.4 - Diversification of investments - 3B:20-11.4 Diversification of investments 4. A fiduciary shall diversify the...

Section 3B:20-11.5 - Assets to be managed in interest of beneficiaries - 3B:20-11.5 Assets to be managed in interest of beneficiaries 5....

Section 3B:20-11.6 - Impartiality of fiduciary - 3B:20-11.6 Impartiality of fiduciary 6. If a trust has two...

Section 3B:20-11.7 - Review of trust assets - 3B:20-11.7 Review of trust assets 7. Within six months after...

Section 3B:20-11.8 - Incurrence of costs by fiduciary - 3B:20-11.8 Incurrence of costs by fiduciary 8. In investing and...

Section 3B:20-11.9 - Rule expresses standard of conduct - 3B:20-11.9 Rule expresses standard of conduct 9. The prudent investor...

Section 3B:20-11.10 - Delegation of investment, management functions by fiduciary - 3B:20-11.10 Delegation of investment, management functions by fiduciary 10. a....

Section 3B:20-11.11 - Construction of terms - 3B:20-11.11 Construction of terms 11. The following terms or comparable...

Section 3B:20-11.12 - Applicability of act - 3B:20-11.12 Applicability of act 12. This act shall apply to...

Section 3B:20-18 - Authority to exchange or convert securities - 3B:20-18 Authority to exchange or convert securities 3B:20-18. Authority to...

Section 3B:20-19 - Fiduciary as issuing corporation - 3B:20-19 Fiduciary as issuing corporation 3B:20-19. Fiduciary as issuing corporation....

Section 3B:20-21 - Definitions - 3B:20-21. Definitions As used in this article: a. "Banking institution"...

Section 3B:20-22 - Authority to exchange or convert - 3B:20-22. Authority to exchange or convert When a bank holding...

Section 3B:20-23 - Banking institution acting as fiduciary - 3B:20-23 Banking institution acting as fiduciary 3B:20-23. Banking institution acting...

Section 3B:20-25 - Application of article - 3B:20-25 Application of article 3B:20-25. Application of article. This article...

Section 3B:20-26 - Short title - 3B:20-26. Short title This article shall be known and may...

Section 3B:20-27 - Definitions - 3B:20-27 Definitions 3B:20-27. Definitions. As used in this article: a....

Section 3B:20-28 - Deposit of securities by fiduciary - 3B:20-28. Deposit of securities by fiduciary Notwithstanding any other provision...

Section 3B:20-29 - Merger of certificates deposited - 3B:20-29. Merger of certificates deposited When securities are deposited, certificates...

Section 3B:20-30 - Records of securities deposited - 3B:20-30. Records of securities deposited The records of the fiduciary...

Section 3B:20-31 - Transfer of ownership in securities deposited - 3B:20-31. Transfer of ownership in securities deposited Ownership of, and...

Section 3B:20-32 - Rules and regulations governing banking institutions - 3B:20-32. Rules and regulations governing banking institutions A banking institution...

Section 3B:20-33 - Certification of securities deposited - 3B:20-33. Certification of securities deposited A banking institution acting as...

Section 3B:20-34 - Application of article - 3B:20-34 Application of article 3B:20-34. Application of article. This article...

Section 3B:20-35 - Construction of article - 3B:20-35. Construction of article Nothing contained in this article shall...

Section 3B:21-1 - Removal of property from the State - 3B:21-1. Removal of property from the State When a ward...

Section 3B:21-2 - Meaning of term "personal property" - 3B:21-2. Meaning of term "personal property" The term "personal property"...

Section 3B:21-3 - Proof of authority of, and giving of security by, guardian or trustee - 3B:21-3. Proof of authority of, and giving of security by,...

Section 3B:21-4 - When removal will be denied - 3B:21-4. When removal will be denied Property belonging to any...

Section 3B:21-5 - Effect of judgment for removal and transfer - 3B:21-5. Effect of judgment for removal and transfer The delivery,...

Section 3B:22-1 - Waiver of statutes of limitations - 3B:22-1. Waiver of statutes of limitations Unless an estate is...

Section 3B:22-2 - Order of priority of claims when assets insufficient. - 3B:22-2 Order of priority of claims when assets insufficient. 3B:22-2....

Section 3B:22-3 - Abatement for purpose of paying claims and debts. - 3B:22-3 Abatement for purpose of paying claims and debts. 3B:22-3....

Section 3B:22-4 - Limitation of time to present claims of creditors to personal representative; discharge of personal representative where claim is not duly presented before distribution. - 3B:22-4 Limitation of time to present claims of creditors to...

Section 3B:22-5 - Liquidated claims payable in future - 3B:22-5. Liquidated claims payable in future A liquidated claim, not...

Section 3B:22-6 - Payment of claim not legally presented; effect; allowance in personal representative's account - 3B:22-6. Payment of claim not legally presented; effect; allowance in...

Section 3B:22-7 - Allowance or rejection of claims within 3 months - 3B:22-7. Allowance or rejection of claims within 3 months Within...

Section 3B:22-8 - Commencement of action by creditor on disputed claim within 3 months after notice - 3B:22-8. Commencement of action by creditor on disputed claim within...

Section 3B:22-10 - Presentation of claim - 3B:22-10. Presentation of claim Where the assets of an estate...

Section 3B:22-11 - Acceptance or rejection of claim - 3B:22-11. Acceptance or rejection of claim The personal representative shall,...

Section 3B:22-12 - Action on unrejected claim - 3B:22-12. Action on unrejected claim If a personal representative fails...

Section 3B:22-13 - Failure to sue after notice to perfect claim; claim debarred - 3B:22-13. Failure to sue after notice to perfect claim; claim...

Section 3B:22-14 - Direction of court before paying claims not presented within 9-month period. - 3B:22-14 Direction of court before paying claims not presented within...

Section 3B:22-15 - Failure to file refunding bond; presumption that devise or distributive share remains unpaid - 3B:22-15. Failure to file refunding bond; presumption that devise or...

Section 3B:22-16 - Action upon refunding bond of devisee or heir - 3B:22-16. Action upon refunding bond of devisee or heir A...

Section 3B:22-17 - Defense to action on fiduciary's bond in certain cases - 3B:22-17. Defense to action on fiduciary's bond in certain cases...

Section 3B:22-18 - Action on refunding bond of ultimate devisee or heir - 3B:22-18. Action on refunding bond of ultimate devisee or heir...

Section 3B:22-19 - Assets being administered here subject to claims established wherever personal representative appointed - 3B:22-19. Assets being administered here subject to claims established wherever...

Section 3B:22-20 - Payment of claims where assets insufficient - 3B:22-20. Payment of claims where assets insufficient If the estate...

Section 3B:22-21 - Payment of claims allowed in this State out of local assets; delivery of surplus assets to domiciliary personal representative - 3B:22-21. Payment of claims allowed in this State out of...

Section 3B:22-22 - Real property liable only 1 year for debts - 3B:22-22. Real property liable only 1 year for debts The...

Section 3B:22-23 - Time not extended by general words in will - 3B:22-23. Time not extended by general words in will The...

Section 3B:22-24 - Article not to affect liability of heirs or devisees - 3B:22-24. Article not to affect liability of heirs or devisees...

Section 3B:22-25 - Sale of property subject to escheat to pay debts - 3B:22-25. Sale of property subject to escheat to pay debts...

Section 3B:22-26 - Direction of court as to sale - 3B:22-26. Direction of court as to sale If it shall...

Section 3B:22-27 - Estate passed by sale or conveyance - 3B:22-27. Estate passed by sale or conveyance A sale or...

Section 3B:22-28 - Effect of confirmation - 3B:22-28. Effect of confirmation When property is sold pursuant to...

Section 3B:22-29 - Accounting; surplus from sale payable to State Treasurer - 3B:22-29. Accounting; surplus from sale payable to State Treasurer After...

Section 3B:22-30 - Distribution by State Treasurer; proof of claim required of claimants - 3B:22-30. Distribution by State Treasurer; proof of claim required of...

Section 3B:22-31 - Payment of share to established claimant; State Treasurer released as to subsequent claimants; recovery by claimant from distributee - 3B:22-31. Payment of share to established claimant; State Treasurer released...

Section 3B:22-32 - Distribution among creditors to be pro rata; preferred debts excepted - 3B:22-32. Distribution among creditors to be pro rata; preferred debts...

Section 3B:22-33 - Claims not presented in time barred; exception; extension of time - 3B:22-33. Claims not presented in time barred; exception; extension of...

Section 3B:22-34 - Authority of court to pass upon claims against the estate and upon amount and value of estate - 3B:22-34. Authority of court to pass upon claims against the...

Section 3B:22-35 - Judgment of insolvency; sale of assets - 3B:22-35. Judgment of insolvency; sale of assets If upon an...

Section 3B:22-36 - Proceeds; distribution - 3B:22-36. Proceeds; distribution Proceeds of the estate which come to...

Section 3B:22-37 - Residue after debts to go to heirs or devisees - 3B:22-37. Residue after debts to go to heirs or devisees...

Section 3B:22-38 - Certain actions against personal representative saved - 3B:22-38. Certain actions against personal representative saved Nothing contained in...

Section 3B:22-39 - "Heirs and devisees" defined. - 3B:22-39 "Heirs and devisees" defined. 3B:22-39. As used in this...

Section 3B:22-40 - Heirs and devisees liable for debt of decedent - 3B:22-40. Heirs and devisees liable for debt of decedent Every...

Section 3B:22-41 - Joinder of parties - 3B:22-41. Joinder of parties The action shall be brought against...

Section 3B:22-42 - General judgment; special judgment - 3B:22-42. General judgment; special judgment If the debt be found...

Section 3B:22-43 - Liability in case of sale or transfer of estate - 3B:22-43. Liability in case of sale or transfer of estate...

Section 3B:22-44 - Contribution between heirs and devisees liable - 3B:22-44. Contribution between heirs and devisees liable Contribution between heirs...

Section 3B:23-1 - Distribution of assets in kind - 3B:23-1. Distribution of assets in kind Except where a will...

Section 3B:23-2 - Valuation of assets - 3B:23-2. Valuation of assets For the purpose of valuation under...

Section 3B:23-3 - Method of distribution - 3B:23-3. Method of distribution If the personal representative of either...

Section 3B:23-4 - Proposal of distribution; contents; time to object - 3B:23-4. Proposal of distribution; contents; time to object After the...

Section 3B:23-5 - Instrument of distribution - 3B:23-5. Instrument of distribution If distribution in kind is made,...

Section 3B:23-6 - Proof of delivery of instrument of distribution conclusive evidence of distributee's receipt of assets; exception - 3B:23-6. Proof of delivery of instrument of distribution conclusive evidence...

Section 3B:23-7 - Protection of purchaser from or lender to distributee - 3B:23-7. Protection of purchaser from or lender to distributee If...

Section 3B:23-8 - Partition for purpose of distribution - 3B:23-8. Partition for purpose of distribution When two or more...

Section 3B:23-9 - Agreement among successors binding on personal representative - 3B:23-9. Agreement among successors binding on personal representative Subject to...

Section 3B:23-10 - Distribution to guardian - 3B:23-10. Distribution to guardian A personal representative may discharge his...

Section 3B:23-11 - Interest on general pecuniary devise - 3B:23-11. Interest on general pecuniary devise Interest on general pecuniary...

Section 3B:23-12 - Abatement generally. - 3B:23-12 Abatement generally. 3B:23-12. Except as provided in N.J.S.3B:23-14 and...

Section 3B:23-13 - General devise charged upon specific property or fund - 3B:23-13. General devise charged upon specific property or fund For...

Section 3B:23-14 - Where will expresses order of abatement - 3B:23-14. Where will expresses order of abatement If the will...

Section 3B:23-15 - Abatement where subject of specific devise sold - 3B:23-15. Abatement where subject of specific devise sold If the...

Section 3B:23-16 - Distribution by order of court - 3B:23-16. Distribution by order of court When the account of...

Section 3B:23-17 - Judgment for distribution - 3B:23-17. Judgment for distribution When the account of a personal...

Section 3B:23-18 - Distribution; when made - 3B:23-18. Distribution; when made Distribution of the property of an...

Section 3B:23-19 - Order for filing claims of unknown distributees - 3B:23-19. Order for filing claims of unknown distributees 3B:23-19. Order...

Section 3B:23-21 - Unclaimed estate assets. - 3B:23-21 Unclaimed estate assets. 3B:23-21. Unclaimed estate assets. When a...

Section 3B:23-22 - Deposit in court of money or other property of devisee, heir or beneficiary of trust in certain cases - 3B:23-22. Deposit in court of money or other property of...

Section 3B:23-23 - Letters of trusteeship required before transfer to trustee - 3B:23-23. Letters of trusteeship required before transfer to trustee It...

Section 3B:23-24 - Refunding bond of devisee or distributee - 3B:23-24. Refunding bond of devisee or distributee A personal representative...

Section 3B:23-25 - Amount of bond; form - 3B:23-25. Amount of bond; form The bond required under N.J.S....

Section 3B:23-26 - Condition of devisee's bond - 3B:23-26. Condition of devisee's bond The bond of a devisee...

Section 3B:23-27 - Condition of distributee's bond - 3B:23-27. Condition of distributee's bond The bond of a distributee...

Section 3B:23-28 - Bonds required of holders of determinable interests; in general - 3B:23-28. Bonds required of holders of determinable interests; in general...

Section 3B:23-29 - Bond when remainderman is lineal descendant of holder of determinable estate - 3B:23-29. Bond when remainderman is lineal descendant of holder of...

Section 3B:23-30 - Bond when the personal representative is holder of a determinable estate - 3B:23-30. Bond when the personal representative is holder of a...

Section 3B:23-31 - Actions for distributive shares - 3B:23-31. Actions for distributive shares If a personal representative fails...

Section 3B:23-32 - Limitations on enforcement of devise - 3B:23-32. Limitations on enforcement of devise Nothing in N.J.S. 3B:23-33...

Section 3B:23-33 - Action for devise - 3B:23-33. Action for devise A devisee may bring an action...

Section 3B:23-34 - Conditions precedent to suit for devise. - 3B:23-34 Conditions precedent to suit for devise. 3B:23-34. An action...

Section 3B:23-35 - Extent of recovery - 3B:23-35. Extent of recovery If it appears in the action...

Section 3B:23-36 - Plea of want of assets; procedure - 3B:23-36. Plea of want of assets; procedure If want of...

Section 3B:23-37 - Apportionment of certain real estate to pay devise - 3B:23-37. Apportionment of certain real estate to pay devise When...

Section 3B:23-38 - Effect of apportionment; filing and recording papers - 3B:23-38. Effect of apportionment; filing and recording papers If the...

Section 3B:23-39 - Deposit with court; effect. - 3B:23-39 Deposit with court; effect. 3B:23-39. When a devise charged...

Section 3B:23-40 - Payment of interest on moneys deposited - 3B:23-40. Payment of interest on moneys deposited When moneys are...

Section 3B:23-41 - Return of devise pro rata - 3B:23-41. Return of devise pro rata Where there are several...

Section 3B:23-42 - Distribution of nonresident decedent's estate - 3B:23-42. Distribution of nonresident decedent's estate The estate of a...

Section 3B:23-43 - Right of retainer - 3B:23-43. Right of retainer The amount of a noncontingent indebtedness...

Section 3B:24-1 - Definitions - 3B:24-1. Definitions As used in this chapter: a. "The tax"...

Section 3B:24-2 - Apportionment of tax among fiduciary and transferees interested in gross tax estate - 3B:24-2. Apportionment of tax among fiduciary and transferees interested in...

Section 3B:24-3 - Apportionment of tax where temporary interest is created - 3B:24-3. Apportionment of tax where temporary interest is created Where...

Section 3B:24-4 - Apportionment of tax to transferees in absence of directions to contrary. - 3B:24-4 Apportionment of tax to transferees in absence of directions...

Section 3B:24-5 - Limitation on direction for apportionment or nonapportionment of tax - 3B:24-5. Limitation on direction for apportionment or nonapportionment of tax...

Section 3B:24-6 - Recovery by fiduciary from transferees or others in possession of property included in tax - 3B:24-6. Recovery by fiduciary from transferees or others in possession...

Section 3B:24-7 - Transfer or distribution of property; duties and liabilities of fiduciary - 3B:24-7. Transfer or distribution of property; duties and liabilities of...

Section 3B:24-8 - Jurisdiction of Superior Court - 3B:24-8. Jurisdiction of Superior Court The Superior Court in a...

Section 3B:25-1 - Nonexoneration of property subject to mortgage or security interest; exception. - 3B:25-1 Nonexoneration of property subject to mortgage or security interest;...

Section 3B:26-1 - Definition of absent person - 3B:26-1. Definition of absent person As used in this chapter,...

Section 3B:26-2 - Appointment of trustee for absent person; general duties and powers - 3B:26-2. Appointment of trustee for absent person; general duties and...

Section 3B:26-3 - Distribution or other disposition of property - 3B:26-3. Distribution or other disposition of property Distribution or any...

Section 3B:26-4 - Powers, duties and responsibilities of trustee or court - 3B:26-4. Powers, duties and responsibilities of trustee or court The...

Section 3B:27-1 - Death of resident or nonresident presumed after 5 years' absence or exposure to specific catastrophic event. - 3B:27-1 Death of resident or nonresident presumed after 5 years'...

Section 3B:27-2 - Restoration and recovery of property upon reappearance of absentee. - 3B:27-2 Restoration and recovery of property upon reappearance of absentee....

Section 3B:27-3 - Protection of personal representative or trustee making distribution - 3B:27-3. Protection of personal representative or trustee making distribution A...

Section 3B:27-4 - Real estate transaction in which an absentee has an interest; title - 3B:27-4. Real estate transaction in which an absentee has an...

Section 3B:27-5 - Absentee later proved alive entitled to proceeds of transaction - 3B:27-5. Absentee later proved alive entitled to proceeds of transaction...

Section 3B:27-6 - Action to be brought in Superior Court. - 3B:27-6 Action to be brought in Superior Court. 3B:27-6. Action...

Section 3B:28-1 - Estates of dower and curtesy prior to May 28, 1980. - 3B:28-1 Estates of dower and curtesy prior to May 28,...

Section 3B:28-2 - No right of dower or curtesy created on or after May 28, 1980. - 3B:28-2 No right of dower or curtesy created on or...

Section 3B:28-3 - Right of joint possession of principal matrimonial residence where no dower or curtesy applies; alienation. - 3B:28-3 Right of joint possession of principal matrimonial residence where...

Section 3B:28-3.1 - Joint occupancy of principal matrimonial residence; mortgage lien. - 3B:28-3.1 Joint occupancy of principal matrimonial residence; mortgage lien. 3B:28-3.1....

Section 3B:28-4 - N.J.S. 3A:16-16 saved from repeal - 3B:28-4. N.J.S. 3A:16-16 saved from repeal N.J.S. 3A:16-16 is saved...

Section 3B:28-5 - N.J.S. 3A:16-17 saved from repeal - 3B:28-5. N.J.S. 3A:16-17 saved from repeal N.J.S. 3A:16-17 is saved...

Section 3B:28-6 - N.J.S. 3A:25-12 saved from repeal - 3B:28-6. N.J.S. 3A:25-12 saved from repeal N.J.S. 3A:25-12 is saved...

Section 3B:28-7 - N.J.S. 3A:35-3 saved from repeal - 3B:28-7. N.J.S. 3A:35-3 saved from repeal N.J.S. 3A:35-3 is saved...

Section 3B:28-8 - N.J.S. 3A:35-4 saved from repeal - 3B:28-8. N.J.S. 3A:35-4 saved from repeal N.J.S. 3A:35-4 is saved...

Section 3B:28-9 - N.J.S. 3A:36-1 saved from repeal - 3B:28-9. N.J.S. 3A:36-1 saved from repeal N.J.S. 3A:36-1 is saved...

Section 3B:28-10 - N.J.S. 3A:36-2 saved from repeal - 3B:28-10. N.J.S. 3A:36-2 saved from repeal N.J.S. 3A:36-2 is saved...

Section 3B:28-11 - N.J.S. 3A:36-3 saved from repeal - 3B:28-11. N.J.S. 3A:36-3 saved from repeal N.J.S. 3A:36-3 is saved...

Section 3B:28-12 - N.J.S. 3A:36-4 saved from repeal - 3B:28-12. N.J.S. 3A:36-4 saved from repeal N.J.S. 3A:36-4 is saved...

Section 3B:28-13 - N.J.S. 3A:36-5 saved from repeal - 3B:28-13. N.J.S. 3A:36-5 saved from repeal N.J.S. 3A:36-5 is saved...

Section 3B:28-14 - N.J.S. 3A:37-1 saved from repeal - 3B:28-14. N.J.S. 3A:37-1 saved from repeal N.J.S. 3A:37-1 is saved...

Section 3B:28-15 - N.J.S. 3A:37-2 saved from repeal - 3B:28-15. N.J.S. 3A:37-2 saved from repeal N.J.S. 3A:37-2 is saved...

Section 3B:28-17 - N.J.S. 3A:37-4 saved from repeal - 3B:28-17. N.J.S. 3A:37-4 saved from repeal N.J.S. 3A:37-4 is saved...

Section 3B:28-18 - N.J.S. 3A:37-5 saved from repeal - 3B:28-18. N.J.S. 3A:37-5 saved from repeal N.J.S. 3A:37-5 is saved...

Section 3B:28-19 - N.J.S. 3A:37-6 saved from repeal - 3B:28-19. N.J.S. 3A:37-6 saved from repeal N.J.S. 3A:37-6 is saved...

Section 3B:29-1 - Laws repealed - 3B:29-1. Laws repealed The following are repealed: R.S. 3:2-12 (saved...

Section 3B:30-1 - Short title. - 3B:30-1. Short title. 1. This act shall be known and...

Section 3B:30-2 - Definitions. - 3B:30-2 Definitions. 2. As used in the act: "Beneficiary form"...

Section 3B:30-3 - Individuals, multiple owners, registration of a security. - 3B:30-3 Individuals, multiple owners, registration of a security. 3. Only...

Section 3B:30-4 - Registration of security in beneficiary form. - 3B:30-4. Registration of security in beneficiary form. 4. A security...

Section 3B:30-5 - Designation of beneficiary, registration in beneficiary form - 3B:30-5. Designation of beneficiary, registration in beneficiary form 5. A...

Section 3B:30-6 - "Transfer on death," "pay on death" - 3B:30-6. "Transfer on death," "pay on death" 6. Registration in...

Section 3B:30-7 - No effect on ownership, cancellation, change permitted - 3B:30-7. No effect on ownership, cancellation, change permitted 7. The...

Section 3B:30-8 - Passage of security to beneficiary, reregistration - 3B:30-8. Passage of security to beneficiary, reregistration 8. On death...

Section 3B:30-9 - Rights of registering entity - 3B:30-9. Rights of registering entity 9. a. A registering entity...

Section 3B:30-10 - Transfer on death, effectiveness - 3B:30-10. Transfer on death, effectiveness 10. a. A transfer on...

Section 3B:30-11 - Establishment of terms, conditions by registering entity - 3B:30-11. Establishment of terms, conditions by registering entity 11. a....

Section 3B:30-12 - Construction of act - 3B:30-12. Construction of act 12. a. This act shall be...

Section 3B:31-1 - Short Title. - 3B:31-1. Short Title. 3B:31-1. Short Title. This act shall be...

Section 3B:31-2 - Scope. - 3B:31-2. Scope. 3B:31-2. Scope. This act applies to express trusts,...

Section 3B:31-3 - Definitions. - 3B:31-3. Definitions. 3B:31-3. Definitions. As used in this act: "Action,"...

Section 3B:31-4 - Knowledge. - 3B:31-4. Knowledge. 3B:31-4. Knowledge. a. Subject to subsection b. of...

Section 3B:31-5 - Default and mandatory rules. - 3B:31-5 Default and mandatory rules. 3B:31-5. Default and Mandatory Rules....

Section 3B:31-6 - Common Law of Trusts; Principles of Equity. - 3B:31-6. Common Law of Trusts; Principles of Equity. 3B:31-6. Common...

Section 3B:31-7 - Governing law. - 3B:31-7 Governing law. 3B:31-7. Governing Law. The meaning and effect...

Section 3B:31-8 - Principal place of administration. - 3B:31-8 Principal place of administration. 3B:31-8. Principal Place of Administration....

Section 3B:31-9 - Methods and waiver of notice. - 3B:31-9 Methods and waiver of notice. 3B:31-9. Methods and Waiver...

Section 3B:31-10 - Others treated as qualified beneficiaries. - 3B:31-10 Others treated as qualified beneficiaries. 3B:31-10. Others Treated as...

Section 3B:31-11 - Nonjudicial settlement agreements. - 3B:31-11 Nonjudicial settlement agreements. 3B:31-11. Nonjudicial Settlement Agreements. a. For...

Section 3B:31-12 - Rules of construction. - 3B:31-12 Rules of construction. 3B:31-12. Rules of Construction. The rules...

Section 3B:31-13 - Representation: basic effect. - 3B:31-13 Representation: basic effect. 3B:31-13. Representation: Basic Effect. a. Notice...

Section 3B:31-14 - Representation by holder of general testamentary power of appointment. - 3B:31-14 Representation by holder of general testamentary power of appointment....

Section 3B:31-15 - Representation by fiduciaries and parents. - 3B:31-15 Representation by fiduciaries and parents. 3B:31-15. Representation by Fiduciaries...

Section 3B:31-16 - Representation by person having substantially identical interest. - 3B:31-16 Representation by person having substantially identical interest. 3B:31-16. Representation...

Section 3B:31-17 - Appointment of representative. - 3B:31-17 Appointment of representative. 3B:31-17. Appointment of Representative. a. If...

Section 3B:31-18 - Methods of creating trust. - 3B:31-18 Methods of creating trust. 3B:31-18. Methods of Creating Trust....

Section 3B:31-19 - Requirements for creation. - 3B:31-19. Requirements for creation. 3B:31-19. Requirements for Creation. a. A...

Section 3B:31-20 - Written trusts created in other jurisdictions. - 3B:31-20 Written trusts created in other jurisdictions. 3B:31-20. Written Trusts...

Section 3B:31-21 - Trust purposes. - 3B:31-21 Trust purposes. 3B:31-21. Trust Purposes. A trust may be...

Section 3B:31-22 - Charitable purposes, enforcement. - 3B:31-22 Charitable purposes, enforcement. 3B:31-22. Charitable Purposes; Enforcement. a. A...

Section 3B:31-23 - Creation of trust induced by fraud, duress, or undue influence. - 3B:31-23 Creation of trust induced by fraud, duress, or undue...

Section 3B:31-24 - Trust for care of animal. - 3B:31-24 Trust for care of animal. 3B:31-24. Trust for Care...

Section 3B:31-25 - Noncharitable trust without ascertainable beneficiary. - 3B:31-25 Noncharitable trust without ascertainable beneficiary. 3B:31-25. Noncharitable Trust Without...

Section 3B:31-26 - Modification or termination of trust; proceedings for approval or disapproval. - 3B:31-26 Modification or termination of trust; proceedings for approval or...

Section 3B:31-27 - Modification or termination of noncharitable irrevocable trust by consent. - 3B:31-27 Modification or termination of noncharitable irrevocable trust by consent....

Section 3B:31-28 - Modification or termination because of unanticipated circumstances or inability to administer trust effectively. - 3B:31-28 Modification or termination because of unanticipated circumstances or inability...

Section 3B:31-29 - Modification or termination of charitable trust (Cy Pres). - 3B:31-29 Modification or termination of charitable trust (Cy Pres). 3B:31-29....

Section 3B:31-30 - Modification or termination of uneconomic trust. - 3B:31-30 Modification or termination of uneconomic trust. 3B:31-30. Modification or...

Section 3B:31-31 - Reformation to correct mistakes. - 3B:31-31 Reformation to correct mistakes. 3B:31-31. Reformation to Correct Mistakes....

Section 3B:31-32 - Construction to conform trust terms to probably intent of settlor. - 3B:31-32 Construction to conform trust terms to probably intent of...

Section 3B:31-33 - Modification to achieve settlor's tax objectives. - 3B:31-33 Modification to achieve settlor's tax objectives. 3B:31-33. Modification to...

Section 3B:31-34 - Combination and division of trusts. - 3B:31-34 Combination and division of trusts. 3B:31-34. Combination and Division...

Section 3B:31-35 - Rights of beneficiary's creditor or assignee. - 3B:31-35 Rights of beneficiary's creditor or assignee. 3B:31-35. Rights of...

Section 3B:31-36 - Spendthrift provision. - 3B:31-36 Spendthrift provision. 3B:31-36. Spendthrift Provision. a. A spendthrift provision...

Section 3B:31-37 - Special needs trusts. - 3B:31-37 Special needs trusts. 3B:31-37. Special Needs Trusts. Even if...

Section 3B:31-38 - Discretionary trusts; effect of standard. - 3B:31-38 Discretionary trusts; effect of standard. 3B:31-38. Discretionary Trusts; Effect...

Section 3B:31-39 - Creditor's claim against settlor. - 3B:31-39 Creditor's claim against settlor. 3B:31-39. Creditor's Claim Against Settlor....

Section 3B:31-40 - Overdue distribution. - 3B:31-40 Overdue distribution. 3B:31-40. Overdue Distribution. a. For the purposes...

Section 3B:31-41 - Personal obligations of trustee. - 3B:31-41 Personal obligations of trustee. 3B:31-41. Personal Obligations of Trustee....

Section 3B:31-42 - Capacity of settlor of revocable trust. - 3B:31-42 Capacity of settlor of revocable trust. 3B:31-42. Capacity of...

Section 3B:31-43 - Revocation or amendment of revocable trust. - 3B:31-43 Revocation or amendment of revocable trust. 3B:31-43. Revocation or...

Section 3B:31-44 - Settlor's powers. - 3B:31-44 Settlor's powers. 3B:31-44. Settlor's Powers. While a trust is...

Section 3B:31-45 - Limitation on action contesting validity of revocable trust; distribution of trust property. - 3B:31-45 Limitation on action contesting validity of revocable trust; distribution...

Section 3B:31-46 - Accepting or declining trusteeship. - 3B:31-46 Accepting or declining trusteeship. 3B:31-46. Accepting or Declining Trusteeship....

Section 3B:31-47 - Trustee's bond. - 3B:31-47 Trustee's bond. 3B:31-47. Trustee's Bond. a. A trustee shall...

Section 3B:31-48 - Co-trustees. - 3B:31-48 Co-trustees. 3B:31-48. Co-trustees. a. Co-trustees who are unable to...

Section 3B:31-49 - Vacancy in trusteeship; appointment of successor. - 3B:31-49 Vacancy in trusteeship; appointment of successor. 3B:31-49. Vacancy in...

Section 3B:31-50 - Resignation of trustee. - 3B:31-50 Resignation of trustee. 3B:31-50. Resignation of Trustee. a. A...

Section 3B:31-51 - Removal of trustee. - 3B:31-51 Removal of trustee. 3B:31-51. Removal of Trustee. a. The...

Section 3B:31-52 - Delivery of property by former trustee. - 3B:31-52 Delivery of property by former trustee. 3B:31-52. Delivery of...

Section 3B:31-53 - Reimbursement of expenses. - 3B:31-53 Reimbursement of expenses. 3B:31-53. Reimbursement of Expenses. a. In...

Section 3B:31-54 - Duty to administer trust. - 3B:31-54 Duty to administer trust. 3B:31-54. Duty to Administer Trust....

Section 3B:31-55 - Duty of loyalty. - 3B:31-55 Duty of loyalty. 3B:31-55. Duty of Loyalty. a. A...

Section 3B:31-56 - Duty of impartiality. - 3B:31-56 Duty of impartiality. 3B:31-56. Duty of Impartiality. If a...

Section 3B:31-57 - Duty of prudent administration. - 3B:31-57 Duty of prudent administration. 3B:31-57. Duty of Prudent Administration....

Section 3B:31-58 - Costs of administration. - 3B:31-58 Costs of administration. 3B:31-58. Costs of Administration. In administering...

Section 3B:31-59 - Duty to use special skills. - 3B:31-59 Duty to use special skills. 3B:31-59. Duty to Use...

Section 3B:31-60 - Delegation by trustee. - 3B:31-60 Delegation by trustee. 3B:31-60. Delegation by Trustee. a. A...

Section 3B:31-61 - Powers to direct. - 3B:31-61 Powers to direct. 3B:31-61. Powers to Direct. a. While...

Section 3B:31-62 - Powers to direct investment functions. - 3B:31-62 Powers to direct investment functions. 3B:31-62. Powers to Direct...

Section 3B:31-63 - Control and protection of trust property. - 3B:31-63 Control and protection of trust property. 3B:31-63. Control and...

Section 3B:31-64 - Recordkeeping and identification of trust property. - 3B:31-64 Recordkeeping and identification of trust property. 3B:31-64. Recordkeeping and...

Section 3B:31-65 - Duty to enforce and defend claims. - 3B:31-65 Duty to enforce and defend claims. 3B:31-65. Duty to...

Section 3B:31-66 - Duty to collect trust property and redress breaches of trust. - 3B:31-66 Duty to collect trust property and redress breaches of...

Section 3B:31-67 - Duty to disclose and discretion to periodically report. - 3B:31-67 Duty to disclose and discretion to periodically report. 3B:31-67....

Section 3B:31-68 - Discretionary powers. - 3B:31-68 Discretionary powers. 3B:31-68. Discretionary Powers. Notwithstanding the breadth of...

Section 3B:31-69 - General powers of trustee. - 3B:31-69 General powers of trustee. 3B:31-69. General Powers of Trustee....

Section 3B:31-70 - Distribution upon termination. - 3B:31-70 Distribution upon termination. 3B:31-70. Distribution Upon Termination. a. Upon...

Section 3B:31-71 - Remedies for breach of trust. - 3B:31-71 Remedies for breach of trust. 3B:31-71. Remedies for Breach...

Section 3B:31-72 - Damages for breach of trust. - 3B:31-72 Damages for breach of trust. 3B:31-72. Damages for Breach...

Section 3B:31-73 - Damages in absence of breach. - 3B:31-73 Damages in absence of breach. 3B:31-73. Damages in Absence...

Section 3B:31-74 - Limitation of action against trustee. - 3B:31-74 Limitation of action against trustee. 3B:31-74. Limitation of Action...

Section 3B:31-75 - Reliance on trust instrument. - 3B:31-75 Reliance on trust instrument. 3B:31-75. Reliance on Trust Instrument....

Section 3B:31-76 - Event affecting administration or distribution. - 3B:31-76 Event affecting administration or distribution. 3B:31-76. Event Affecting Administration...

Section 3B:31-77 - Exculpation of trustee. - 3B:31-77 Exculpation of trustee. 3B:31-77. Exculpation of Trustee. a. A...

Section 3B:31-78 - Beneficiary's consent, release, or ratification. - 3B:31-78 Beneficiary's consent, release, or ratification. 3B:31-78. Beneficiary's Consent, Release,...

Section 3B:31-79 - Limitation on personal liability of trustee. - 3B:31-79 Limitation on personal liability of trustee. 3B:31-79. Limitation on...

Section 3B:31-80 - Interest as general partner. - 3B:31-80 Interest as general partner. 3B:31-80. Interest as General Partner....

Section 3B:31-81 - Certification of trust. - 3B:31-81 Certification of trust. 3B:31-81. Certification of Trust. a. Instead...

Section 3B:31-82 - Electronic records and signatures. - 3B:31-82 Electronic records and signatures. 3B:31-82. Electronic Records and Signatures....

Section 3B:31-83 - Severability clause. - 3B:31-83 Severability clause. 3B:31-83. Severability Clause. If any provision of...

Section 3B:31-84 - Application to existing relationships. - 3B:31-84 Application to existing relationships. 3B:31-84. Application to Existing Relationships....

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New Jersey Revised Statutes Title 3B - Administration of Estates--Decedents and Others

New Jersey Revised Statutes
Title 3B - Administration of Estates--Decedents and Others