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Terms Used In New Jersey Statutes 3B:18-29

  • 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.
The court may, on an intermediate or the final settlement of fiduciaries’ accounts, allow corpus commissions in addition to those provided in this article, on a showing that unusual or extraordinary services have been rendered by the fiduciary for which he should receive additional compensation.

L.1981, c. 405, s. 3B:18-29, eff. May 1, 1982.