New Jersey § 3a:24-8

§ 3a:24-8.

Where the assets of an estate exceed the amount needed to pay claims presented within

the time limited pursuant to section 3A:24-3 of this title, a claimant, who has failed to present his claim within the time so

limited, may present the claim, in the form required by that section, to the executor

or administrator at any time before the remaining assets of the estate shall have

been distributed or paid over pursuant to law. Thereupon, the executor or administrator shall, if satisfied that the claim is correct

and should be paid, pay the same or so much thereof as the amount of the assets available

for distribution will permit. If not satisfied with the correctness thereof, the executor or administrator shall

notify the claimant, his agent or attorney, to proceed forthwith to establish the

disputed claim, or part thereof, by judgment. In such case the executor or administrator shall retain from the assets available

for distribution a sum sufficient to pay the amount of the claim, together with interest

and costs, until such time as the claimant shall have had an opportunity to establish

his claim by judgment.