N.J.S.A. 3B:12-62 — Factors to be considered by the court or guardian in exercising certain powers

3B:12-62. Factors to be considered by the court or guardian in exercising certain powers In investing the estate, and in selecting assets of the estate for distribution under this article, in utilizing powers of revocation or withdrawal available for the support of the ward, and other powers exercisable by the guardian or a court, the guardian or the court should take into account any known estate plan of the ward, including his will, any revocable trust of which he is settlor, and any contract, transfer or joint ownership arrangement with provisions for payment or transfer of benefits or interests at his death to another or others which he may have originated. The guardian may examine the will of the ward. L.1981, c. 405, s. 3B:12-62, eff. May 1, 1982. 3B:12-63 Guardian's final account and delivery of property upon termination of guardianship. 3B:12-63. Guardian's final account and delivery of property upon termination of guardianship. Upon termination of the guardianship, pursuant to N.J.S.3B:12-64 the guardian, after the allowance of his final account, shall pay over and distribute all funds and properties of the former ward or to the estate of the former ward in accordance with the order of the court. Amended 2005, c.304, s.44.

This is the verbatim text of N.J.S.A. 3B:12-62, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.