When a ward for whom a guardian has been appointed is incapacitated and becomes entitled to personal property amounting to not more than $10,000.00 from any source other than the United States Government, the court may authorize the guardian to receive the personal property for conservation and administrative care. On payment of any money or delivery of property to the guardian, a release executed by the guardian to the person or persons paying the money or delivering the property shall be valid and effective.
N.J. Stat. Ann. § 3B:13-18
Authorization for guardian of incapacitated ward to receive additional personal property not exceeding $10,000
Known as the Uniform Veterans' Guardianship Law
The act spans §§ 3B:13-1 to 3B:13-9 (31 sections).
amended 2013, c.103, s.29.
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.