New Jersey Statutes
§ 3B:11-33 — Not deemed asset
New Jersey·Title 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Notwithstanding any other provision of law to the contrary, the beneficiary's interest in any community trust shall not be deemed to be an asset for the purpose of determining income eligibility for any publicly operated program, nor shall that interest be reached in satisfaction of a claim for support and maintenance of the beneficiary. No agency shall reduce the benefits or services available to any individual because that person is the beneficiary of a community trust. L. 1985, c. 424, s. 15.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 3B:11-33 (Not deemed asset) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 3B:11-11
Provision included in trust instruments governing split-interest trusts or private foundation trusts§ 3B:11-13
Construction of article§ 3B:11-15
Application of article§ 3B:11-16
Pooled trust accounts§ 3B:11-16.1
Definitions used in C.3B:11-16 et al.§ 3B:11-17
Trustees' commission§ 3B:11-18
Report; rules, regulations§ 3B:11-19
Short title§ 3B:11-2
Letters of trusteeship under a will§ 3B:11-20
Findings§ 3B:11-21
Purposes, policies.