New Jersey Statutes 46:30B-37.1. Presumption of abandonment: unclaimed estate assets
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Terms Used In New Jersey Statutes 46:30B-37.1
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Decedent: A deceased person.
- Fiduciary: A trustee, executor, or administrator.
- Intestate: Dying without leaving a will.
- Property: means tangible property described in R. See New Jersey Statutes 46:30B-6
46:30B-37.1 Presumption of abandonment: unclaimed estate assets. Except as otherwise provided in this section, property held by a fiduciary as defined in N.J.S. 3B:1-1 or an assignee under N.J.S. 2A:19-1 et seq. and remaining unclaimed for 90 days after the account of that fiduciary or assignee is judicially allowed by the courts or settled informally is presumed abandoned. Unclaimed property held by a fiduciary of an intestate estate payable to the unknown heirs of an intestate decedent shall be presumed abandoned 90 days after publication by the fiduciary of the notice required in N.J.S. 3B:5-5
L.1989, c.58, s.1; amended 1995, c.152, s.2; 2002, c.35, s.27.