New Jersey Statutes 3B:18-30. Burden of proving value
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Terms Used In New Jersey Statutes 3B:18-30
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
In the event of a dispute as to the value of corpus on the settlement of the account of a fiduciary, the burden of proving that the value of any item of corpus differs from the presumptive value of the item shall be upon the party claiming the difference.
L.1981, c. 405, s. 3B:18-30, eff. May 1, 1982.