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New Jersey Statutes, Title: 3B, ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS

    Chapter 11: Creator's reserved interest in trust alienable subject to creditors' claims

      Section: 3B:11-33: Not deemed asset

           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.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 3b:11-33 (if available):



Court decisions that cite this statute: CLICK HERE.


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