Section 3B:31-20 - Written trusts created in other jurisdictions.

NJ Rev Stat § 3B:31-20 (2019) (N/A)
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3B:31-20 Written trusts created in other jurisdictions.

3B:31-20. Written Trusts Created in Other Jurisdictions.

A written trust not created by will is validly created if its creation complies with the law of the jurisdiction in which:

a. the trust instrument was executed;

b. at the time the trust was created, the settlor was domiciled, had a place of abode, or was a national;

c. at the time the trust was created, a trustee was domiciled or had a place of business; or

d. at the time the trust was created, any trust property was located.

L.2015, c.276, s.1.