N.J.S.A. 3B:6-3 — Division of property, two or more beneficiaries

3B:6-3. Division of property, two or more beneficiaries Where two or more beneficiaries are designated to take successively by reason of survivorship under another person's disposition of property and there is no sufficient evidence that these beneficiaries have died otherwise than simultaneously, the property thus disposed of shall be divided into as many equal portions as there are successive beneficiaries and these portions shall be distributed respectively to those who would have taken in the event that each designated beneficiary had survived. L.1981, c. 405, s. 3B:6-3, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:6-3, 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.