3B:12-50. Additional powers which may be exercised by the court
66 words·~1 min read·
/nj/title-3b/chapter-12/3b-12-50·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The court may exercise, or direct the exercise of, or release the powers of appointment of which the ward is donee, to renounce interests, to make gifts in trust or otherwise, or to change beneficiaries under insurance and annuity policies, only if satisfied, after notice and hearing, that it is in the best interests of the ward.
L.1981, c. 405, s. 3B:12-50, eff. May 1, 1982.