New Jersey § 3B:6-3 Division of property, two or more beneficiaries

New Jersey Statutes

§ 3B:6-3 — Division of property, two or more beneficiaries

New Jersey § 3B:6-3

Title 3BADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

This text of New Jersey § 3B:6-3 (Division of property, two or more beneficiaries) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.J. Stat. Ann. § 3B:6-3 (2026).

Text

Where two or more beneficiaries are designated to take successively by reason of survivorship under another person's disposition of property and there is no sufficient evidence that these beneficiaries have died otherwise than simultaneously, the property thus disposed of shall be divided into as many equal portions as there are successive beneficiaries and these portions shall be distributed respectively to those who would have taken in the event that each designated beneficiary had survived. L.1981, c. 405, s. 3B:6-3, eff. May 1, 1982.

Free access — add to your briefcase to read the full text and ask questions with AI

Where two or more beneficiaries are designated to take successively by reason of survivorship under another person's disposition of property and there is no sufficient evidence that these beneficiaries have died otherwise than simultaneously, the property thus disposed of shall be divided into as many equal portions as there are successive beneficiaries and these portions shall be distributed respectively to those who would have taken in the event that each designated beneficiary had survived. L.1981, c. 405, s. 3B:6-3, eff. May 1, 1982.