New Jersey Statutes 3A:25-39. Definitions
Terms Used In New Jersey Statutes 3A:25-39
- Decedent: A deceased person.
- Dependent: A person dependent for support upon another.
- Devise: To gift property by will.
- Intestate: Dying without leaving a will.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
- Personal property: All property that is not real property.
- Personal property: includes goods and chattels, rights and credits, moneys and effects, evidences of debt, choses in action and all written instruments by which any right to, interest in, or lien or encumbrance upon, property or any debt or financial obligation is created, acknowledged, evidenced, transferred, discharged or defeated, in whole or in part, and everything except real property as herein defined which may be the subject of ownership. See New Jersey Statutes 1:1-2
- Trustee: A person or institution holding and administering property in trust.
a. A “present interest” is one to take effect in immediate possession, use or enjoyment without the intervention of a preceding estate or interest or without being dependent upon the happening of any event or thing.
b. A “future interest” is one to take effect in possession, use or enjoyment dependent upon the termination of an intervening estate or interest or the happening of any event or thing.
c. An “heir” means a person, including the surviving spouse or domestic partner, entitled under the statutes of intestate succession to the property of a decedent.
d. A “devisee” means any person designated in a will to receive a devise, but does not mean a trustee or trust designated in a will to receive a devise.
e. A “devise,” when used as a noun, means a testamentary disposition of real or personal property and when used as a verb, means to dispose of real or personal property by will.
L.1979,c.484,s.1; amended 2005,c.331, s.28.