New Jersey § 3b:18-28

§ 3b:18-28.

In addition to the annual commissions on corpus, upon termination of the trust or

guardianship, or upon distribution of assets from the trust or guardianship, the fiduciary

may take a commission on corpus distributed, including accumulated income which has

been invested by the fiduciary. The value of the corpus for the purpose of computing the commissions shall be the

“presumptive value” or, at the option of the fiduciary, the value at the time of distribution,

as defined in N.J.S. 3B:18-18 . The amounts of the commissions to be taken are as follows: a. If the distribution of corpus occurs within 5 years of the date when the corpus

is received by the fiduciary, an amount equal to the annual commissions on corpus

authorized pursuant to N.J.S. 3B:18-25 , but not actually taken by the fiduciary, plus an amount equal to 2% of the value

of the corpus distributed; b. If distribution of the corpus occurs between 5 and 10 years of the date when the

corpus is received by the fiduciary, an amount equal to the annual commissions on

corpus authorized pursuant to N.J.S. 3B:18-25 , but not actually received by the fiduciary, plus an amount equal to 1 1 / 2 % of the value of the corpus distributed; c. If the distribution of corpus occurs more than 10 years after the date the corpus

is received by the fiduciary, an amount equal to the annual commissions on corpus

authorized pursuant to N.J.S. 3B:18-25 , but not actually received by the fiduciary, plus an amount equal to 1% of the value

of the corpus distributed; and d. If there are two or more fiduciaries, their corpus commissions shall be the same

as for a single fiduciary plus an additional amount of one-fifth of the commissions

for each additional fiduciary.