Permits portion of child support payments to be held in trust for child to access upon certain circumstances.

This bill allows courts in New Jersey to require up to 10% of a parent's child support payments to be placed into an irrevocable trust for the child's benefit. It directly affects children receiving child support and their parents, as the child must be named as the trust beneficiary. Key provisions include automatic distribution of trust funds when the child turns 18 (or a specified age), court authority to adjust trust terms based on changing circumstances, and the option for courts to appoint a new trustee if the current one fails to act in the child's best interest. The trust must be established under New Jersey's Uniform Trust Code.