New Jersey § 3b:24-3
Full text of New Jersey New Jersey Statutes § 3b:24-3, with citation guidance and answers to common questions.
§ 3b:24-3.
Where a trust is created, or other provision made in any nontestamentary instrument
whereby any person is given an interest in income, or an estate for years, or for
life, or other temporary interest in any property or fund, the tax apportionable against
both the temporary interest and the remainder thereafter shall, in the absence of
directions to the contrary in the instrument, be charged against and paid out of the
corpus of the property or fund without apportionment between remainders and temporary
estates. The provisions of this section shall apply notwithstanding that the holder of the
temporary interest is given rights to the corpus.
Frequently Asked Questions About New Jersey § 3b:24-3
What does New Jersey Statutes § 3b:24-3 cover?
Section 3b:24-3 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:24-3?
A common citation format is "New Jersey Statutes § 3b:24-3" (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:24-3 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.