N.J. Stat. Ann. § 3B:11-38
effective July 10, 2001
§ 3B:11-38. Trusts for care of domesticated animals
a. A trust for the care of a domesticated animal is valid. The intended
use of the principal or income may be enforced by a person designated
for that purpose in the trust instrument, a person appointed by the
court, or a trustee. The trust shall terminate when no living animal is
covered by the trust, or at the end of 21 years, whichever occurs
earlier.
b. Except as expressly provided otherwise in the trust instrument, no
portion of the trust's principal or income may be converted to the use
of the trustee or to any use other than for the benefit of the animal
designated in the trust.
c. Upon termination of the trust, the trustee shall transfer the
unexpended trust property as directed in the trust instrument. If no
directions for such transfer exist, the property shall pass to the
estate of the creator of the trust.
d. The court may reduce the amount of the property transferred if it
determines that the amount substantially exceeds the amount required for
the intended use. The amount of any reduction shall be transferred as
directed in the trust instrument or, if no such directions are contained
in the trust instrument, to the estate of the creator of the trust.
e. If no trustee is designated or if no designated trustee is willing or
able to serve, a court shall appoint a trustee and may make such other
orders and determinations as are advisable to carry out the intent of
the creator of the trust and the purpose of this act.