Although the NJ UTC takes effect on July 17, 2016, it applies to trusts created before, on, or after its effective date.  N.J.S.A. § 3B:31-84(a)(1). The NJ UTC applies to express trusts, charitable or noncharitable trusts, and trusts created pursuant to a statute, judgment, or decree that requires the trust to be administered in the […]

On January 19, 2016, New Jersey enacted the Uniform Trust Code (“UTC”), to take effect on July 17, 2016.  The new statute is in Chapter 31 of Title 3B of the New Jersey statutes. This article delineates New Jersey law generally, and the UTC as enacted in New Jersey (at times referred to as “NJ […]

Steven K. Mignogna, a Shareholder in Archer & Greiner’s Haddonfield office, will be speaking on “The Uniform Trust Code” for the New Jersey Institute for Continuing Legal Education. The seminar is being held on June 27th from 9:00 AM – 1:00 PM at the Doubletree Guest Suites in Mt. Laurel, NJ. This seminar will enable […]

On January 19, 2016, New Jersey  enacted the Uniform Trust Code (“UTC”), to take effect on July 17, 2016.  The new statute is in Chapter 31 of Title 3B of the New Jersey statutes. This is the first part of a bi-weekly series in which we will discuss New Jersey law generally, and  the UTC […]

The Estate of Prince Rogers Nelson, the artist known as “Prince,” is currently the focus of a battle over the distribution of his assets, estimated to be valued at more than $100 million.  Prince is believed to have died without any will, although the Judge in Carver County, Minnesota is giving his family time to […]

Steven K. Mignogna, a Shareholder in Archer & Greiner’s Haddonfield office, will be speaking on “Uniform Trust Code – The New Legislation and Your Practice” and “Fiduciary Litigation Update” at the New Jersey State Bar Association’s Annual Meeting and Convention, being held May 18th-20th in Atlantic City, NJ. The first seminar Mr. Mignogna is presenting […]

In the Matter of the Estate of Adrian J. Folcher 2016 N.J. LEXIS 330 (N.J., Apr. 26, 2016) Adrian Folcher (“Folcher”) had three children with his first wife, who died in July 2002.  In December 2002, Folcher married Bernice Folcher (“Bernice”). In 2003, Folcher and Bernice signed a postnuptial agreement, which provided that any real […]

In the Matter of the Estate of Berry 2016 N.J. Super. Unpub. LEXIS 855 (App. Div., Apr. 15, 2016). Decedent Evelyn Berry had four children from two different marriages.  The two older, adult children from her first marriage were Tara and defendant Darryl Fusco.  The two younger, minor children from her second marriage were Garrett […]

In re 2008 Trust for the Benefit of Stefanidis-Perez , 2016 N.J. Super. Unpub. LEXIS 636 (Ch. Div, Essex County, Mar. 22, 2016) Plaintiff was the beneficiary of two trusts, one created in 1997 and the other in 2008. Plaintiff filed suit against her mother, who was also the trustee of the trusts.  Plaintiff was […]

This is an unreported Appellate Division opinion arising out of Cumberland County. Richard D. Byer, Sr. (“Richard”) died in October, 2012 after having been diagnosed with lung cancer and suffering a stroke. Richard’s estate had assets of nominal value. Richard had a pension with a death benefit of approximately $440,000 and a life insurance policy […]