{"data":{"id":"us-nj/n.j.-stat.-3b-19b-11","jurisdiction":"us-nj","citation":"N.J. Stat. § 3B:19B-11","heading":"Distribution from trust or estate","body":"11.  Distribution from Trust or Estate. A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate.  If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section 10 or 23 of this act applies to a receipt from the trust.\nL.2001,c.212,s.11.","path":["TITLE 3B ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"4499339798408fc511942ba7f45ecd38a5cd61082379cac0c16672b74850444a","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-3b-19b-10","next":"us-nj/n.j.-stat.-3b-19b-12"},"notice":"GroundRules: Original legal text. Not legal advice."}