A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries, as their interests are defined under the terms of the trust.
N.H. Rev. Stat. Ann. § 564-B:4-404
Trust Purposes
Known as the New Hampshire Trust Code
The act spans §§ 564-B:10-1001 to 564-B:9-907 (130 sections).
Source. 2004, 130:1, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.