New Jersey Statutes
§ 3B:23-15 — Abatement where subject of specific devise sold
New Jersey·Title 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
If the subject of a specific devise is sold or used incident to administration, abatement shall be achieved by appropriate adjustments in, or contribution from, other interests in the remaining assets. L.1981, c. 405, s. 3B:23-15, eff. May 1, 1982.
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Nearby Sections
15
§ 3B:23-1
Distribution of assets in kind§ 3B:23-10
Distribution to guardian§ 3B:23-11
Interest on general pecuniary devise§ 3B:23-12
Abatement generally.§ 3B:23-14
Where will expresses order of abatement§ 3B:23-16
Distribution by order of court§ 3B:23-17
Judgment for distribution§ 3B:23-2
Valuation of assets§ 3B:23-21
Unclaimed estate assets.§ 3B:23-24
Refunding bond of devisee or distributee