New Jersey § 3b:18-25
Full text of New Jersey New Jersey Statutes § 3b:18-25, with citation guidance and answers to common questions.
§ 3b:18-25.
a. Fiduciaries may annually, without court allowance, take commissions on corpus (including
accumulated income which has been invested by the fiduciary) in the amount of $5.00
per thousand dollars of corpus value on the first $400,000.00 of value of corpus and
$3.00 per thousand dollars of the corpus value in excess of $400,000.00. b. Notwithstanding the provisions of subsection a. of this section, if the fiduciary
is a banking institution , foreign bank or savings and loan association authorized to exercise fiduciary powers , the fiduciary shall be entitled to such commissions as may be reasonable. c. Notwithstanding the provisions of subsection a. of this section, a fiduciary may
take a minimum commission of $100.00 annually. d. The value of the corpus for the purpose of this section shall be the “presumptive
value” as defined in N.J.S.3B:18-18 or, at the option of the fiduciary, the value at the end of the period. e. Upon application of a person interested in the trust or guardianship, a court may
review the reasonableness of the commissions of the fiduciary, provided, however,
the fiduciary shall be entitled to receive at least the compensation provided for
all fiduciaries as set forth in subsections a. and c. of this section.
Frequently Asked Questions About New Jersey § 3b:18-25
What does New Jersey Statutes § 3b:18-25 cover?
Section 3b:18-25 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 § 3b:18-25?
A common citation format is "New Jersey Statutes § 3b:18-25" (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 § 3b:18-25 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.