New Jersey § 3a:38a-7
Full text of New Jersey New Jersey Statutes § 3a:38a-7, with citation guidance and answers to common questions.
§ 3a:38a-7.
In an action for an elective share, a. The amount of the surviving spouse's elective share shall be satisfied by applying: (1) The value of all property, estate or interest therein, owned by the surviving
spouse in his own right at the time of the decedent's death from whatever source acquired,
or succeeded to by the surviving spouse as a result of decedent's death notwithstanding
that the property, estate or interest or part thereof, succeeded to by the surviving
spouse as the result of decedent's death has been renounced by the surviving spouse,
and (2) The value of property described in subsection b(2) of section 2 of this act. b. Remaining property of the augmented estate is so applied that liability for the
balance of the elective share of the surviving spouse is equitably apportioned among
the recipients of the augmented estate in proportion to the value of their interests
therein. c. Only original transferees from, or appointees of, the decedent and their donees,
to the extent the donees have the property or its proceeds, are subject to the contribution
to make up the elective share of the surviving spouse. A person liable to contribution may choose to give up the property transferred to
him or to pay its value as fixed in the manner provided in section 2a. of this act.
Frequently Asked Questions About New Jersey § 3a:38a-7
What does New Jersey Statutes § 3a:38a-7 cover?
Section 3a:38a-7 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 3a:38a-7?
A common citation format is "New Jersey Statutes § 3a:38a-7" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 3a:38a-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.