§ 3B:31-46 Accepting or declining trusteeship
§ 3B:31-47 Trustee’s bond
§ 3B:31-48 Co-trustees
§ 3B:31-49 Vacancy in trusteeship; appointment of successor
§ 3B:31-50 Resignation of trustee
§ 3B:31-51 Removal of trustee
§ 3B:31-52 Delivery of property by former trustee
§ 3B:31-53 Reimbursement of expenses
will 560x170

Need help with a review of a will?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In New Jersey Statutes > Title 3B > Chapter 31 > Article 6 - Office of Trustee

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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
  • Trustee: A person or institution holding and administering property in trust.