Bill
Bill > S3076
NJ S3076
NJ S3076Permits portion of child support payments to be held in trust for child to access upon certain circumstances.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill permits a portion of a child support payment to be placed in irrevocable trust. Under the bill, and upon agreement of the parties to an action before the court which results in the establishment of a child support payment, the court may direct up to 10 percent of every child support payment to be placed in an irrevocable trust. The trust assets would be distributable to a beneficiary upon the beneficiary turning 18 years of age, or the age at which the trust establishes. If the parties agree to the trust, every child who is the basis for a child support payment is required to be established as a beneficiary of the trust. Finally, the bill provides the court the ability to: (1) amend the terms of the trust as it relates to the portion of child support payment to be placed in the trust from time to time as circumstances may require based on the factors considered in N.J.S.A.2A:34-23; and (2) appoint a special fiduciary to take possession of the trust property and administer the trust if the court finds that the trustee is not acting in good faith or in accordance with the purposes of the trust.
AI Summary
This bill allows for a portion of child support payments, up to 10 percent, to be placed into an irrevocable trust if the parents agree. This trust, established under New Jersey's Uniform Trust Code, would have each child who is the basis for the support payment as a beneficiary, meaning they are entitled to receive funds from it. The funds would be distributed to the child when they reach a specified age in the trust, or 18 years old if no age is set. The court overseeing the child support case would have the authority to appoint a trustee to manage the trust and could also amend the trust's terms if circumstances change, considering factors used in determining child support. Furthermore, if the trustee is not acting properly, the court can appoint a special fiduciary to take over the trust's administration.
Committee Categories
Housing and Urban Affairs
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee (on 01/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/S3076 |
| BillText | https://pub.njleg.gov/Bills/2026/S3500/3076_I1.HTM |
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