New Jersey Statutes 3B:31-58. Costs of administration
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Terms Used In New Jersey Statutes 3B:31-58
- Trustee: A person or institution holding and administering property in trust.
3B:31-58. Costs of Administration.
In administering a trust, the trustee may incur only costs that are appropriate and reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.
L.2015, c.276, s.1.