2015 New Jersey Revised Statutes
Title 3B - ADMINISTRATION OF ESTATES--DECEDENTS AND OTHERS
Section 3B:31-71 - Remedies for breach of trust.

NJ Rev Stat § 3B:31-71 (2015) What's This?

3B:31-71 Remedies for breach of trust.
3B:31-71. Remedies for Breach of Trust.

a.A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.

b.To remedy a breach of trust that has occurred or may occur, the court may:

(1)compel the trustee to perform the trustee's duties;

(2)enjoin the trustee from committing a breach of trust;

(3)compel the trustee to redress a breach of trust by paying money, restoring property, or other means;

(4)order a trustee to account;

(5)appoint a special fiduciary to take possession of the trust property and administer the trust;

(6)suspend the trustee;

(7)remove the trustee as provided in N.J.S.3B:31-51;

(8)reduce or deny compensation to the trustee;

(9)subject to N.J.S.3B:14-37, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trust property wrongfully disposed of and recover the property or its proceeds; or

(10) order any other appropriate relief.

L.2015, c.276, s.1.


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