New Jersey § 3b:24-1
Full text of New Jersey New Jersey Statutes § 3b:24-1, with citation guidance and answers to common questions.
§ 3b:24-1.
As used in this chapter: a. “ The tax ” means all taxes finally determined to be due and payable by a fiduciary, under the
laws of the United States now or hereafter enacted and under the laws of this State
now or hereafter enacted, imposing an estate tax; b. “ Gross tax estate ” means all property of every description required to be included in computing the
tax; c. “ Fiduciary ” means any person acting in a fiduciary capacity who is required to pay the tax; d. “ Transferee ” means any person to whom the gross tax estate or any part thereof is, or may be,
transferred or to whom any benefit therein accrues other than that part of the gross
tax estate which passes under the will of decedent, or, if there be no will, comes
into the possession of the fiduciary for administration as a part of the gross tax
estate of the decedent. The trustee of any inter vivos trust and the executor of, trustee or other fiduciary
under, the will of any other decedent holding property included as a part of the gross
estate shall be deemed to be a transferee.
Frequently Asked Questions About New Jersey § 3b:24-1
What does New Jersey Statutes § 3b:24-1 cover?
Section 3b:24-1 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:24-1?
A common citation format is "New Jersey Statutes § 3b:24-1" (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:24-1 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.