New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 3B:31-68: Discretionary powers.

Where this section sits in the code

TITLE 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

Discretionary Powers.

Notwithstanding the breadth of discretion granted to a trustee in the terms of the trust, including the use of such terms as "absolute," "sole," or "uncontrolled," the trustee shall exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries.

L.2015, c.276, s.1.

Collected 2026-08-27T17:54:13Z. Source file · JSON

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