New Jersey 222nd Legislature Status: Introduced 1 D cosponsors

S 4598 — Authorizes trustee of trust, under certain circumstances, to terminate service without filing formal accounting with court or obtaining release agreements from beneficiaries.

Last action — INT 1RS REF SJU

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed General Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced September 28, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill allows trustees to end their service without court filing under certain conditions.

This legislation permits trustees of a trust to terminate their service without needing to file a formal accounting with the court or obtain release agreements from beneficiaries. Such provisions are designed to simplify the process for trustees under specified circumstances.

Summary

Trustee of trust-terminate service w/o filing formal accounting with court

Bill Text

  • Introduced View text Current html September 29, 2026

Action History

  1. INT 1RS REF SJU

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 119 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (119)

119 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

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Frequently asked questions

What does S 4598 do?
Trustee of trust-terminate service w/o filing formal accounting with court
Who sponsors S 4598?
S 4598 is sponsored by McKeon, John F. (Democrat).
What is the current status of S 4598?
This bill has been introduced in the Senate. Introduced September 28, 2026. It must pass committee before a floor vote.
Where can I track S 4598?
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Last checked for changes 11 days ago · updated continuously

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