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Terms Used In New Jersey Statutes 3B:22-19

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Claims: include liabilities whether arising in contract, or in tort or otherwise, and liabilities of the estate which arise at or after the death of the decedent, including funeral expenses and expenses of administration, but does not include estate or inheritance taxes, demands or disputes regarding title to specific assets alleged to be included in the estate. See New Jersey Statutes 3B:1-1
  • State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
All assets of estates being administered in this State are subject to all claims and charges existing or established against the personal representative wherever appointed.

L.1981, c. 405, s. 3B:22-19, eff. May 1, 1982.