Structured Settlement in New Jersey
2 min read
Published July 14, 2026 • By DocketMath Team
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Quoted from the source law itself. Not legal advice; confirm how it applies to your matter.
Authority and key facts
- Disclosure Days: 3
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
Structured Settlement in New Jersey
Under New Jersey’s structured settlement transfer statute, N.J.S.A. § 2A:16-63 to § 2A:16-69, a court must wait 3 days after receiving the petition before it may approve the transfer. This 3-day period is a statutory cooling-off window, not a deadline for the court to rule. During those three days, the law requires that any interested party be given notice and an opportunity to object. The statute sets out the factors the court must weigh before granting approval, and it provides exceptions to the general rule. For the complete list of those factors and exceptions, consult the official source at the link above. To estimate how the calculation applies to a specific settlement, use the DocketMath calculator.
Governing authority
In New Jersey, the structured settlement rule is set by N.J.S.A. § 2A:16-63 to § 2A:16-69. The verified packet cites N.J.S.A. § 2A:16-63 to § 2A:16-69 (https://law.justia.com/codes/new-jersey/title-2a/section-2a-16-63/).
New Jersey structured settlement: the verified value is 3 days under N.J.S.A. § 2A:16-63 to § 2A:16-69. The verified packet cites N.J.S.A. § 2A:16-63 to § 2A:16-69 (https://law.justia.com/codes/new-jersey/title-2a/section-2a-16-63/).
Estimate your own result: every situation has exceptions that can change the outcome. Use the structured settlement calculator to estimate your specific figure.
This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.
