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Current as of January 01, 2024 | Updated by Findlaw Staff
When a legacy charged by will upon real estate is wholly or in part limited over:
a. To infants, mental incompetents or persons not in esse; or
b. To persons who cannot be ascertained until the happening of an event named in the will; or
c. In such manner that the vesting of the legacy may be contingent--
The superior court may, in a summary or other action by the executor, or a person interested in the real estate, direct the legacy paid into court together with such additional sums as the court may deem reasonable to cover the expense of investing and taking charge of the legacy. Upon such payment into court, the real estate shall be wholly clear and discharged from the lien created by the will.
Cite this article: FindLaw.com - New Jersey Statutes Appendix - Former Title 3A Administration of Estates Decedents and Others 3A § 25-27 - last updated January 01, 2024 | https://codes.findlaw.com/nj/appendix-former-title-3a-administration-of-estates-decedents-and-others/nj-st-sect-3a-25-27/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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