A personal representative is under a duty to settle and distribute the estate of the decedent in accordance with the terms of any probated and effective will and applicable law, and as expeditiously and efficiently as is consistent with the best interests of the estate. He shall use the authority conferred upon him by law, the terms of the will, if any, and any order in proceedings to which he is a party for the best interests of successors to the estate.
N.J. Stat. Ann. § 3B:10-23
Duty of personal representative to settle and distribute estate
Applied in 1 court decision — leading case In re Fleetboston Financial Corp. Securities Litigation (2008)
Most recently applied in In re Fleetboston Financial Corp. Securities Litigation (October 2008)
L.1981, c. 405, s. 3B:10-23, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.