New Hampshire Trust Code

New Hampshire · New Hampshire Trust Code · §§ 564-B:10-1001 to 564-B:9-907 · 130 sections

Overview

This act governs the creation, administration, and termination of private and charitable trusts. It sets out how a trust is formed — the methods of creation, the intent and capacity required of the settlor and trustee, the property that funds it, and the writing requirements it must satisfy — and it supplies default rules that apply unless the terms of the trust provide otherwise, alongside a smaller set of mandatory rules that override contrary terms. It also establishes mechanisms for changing a trust after it exists, including revocation or amendment by the settlor, judicial modification, reformation, or termination, division and combination of trusts, termination of trusts too small to justify administration, and distribution of trust property into a second trust, and it addresses recurring substantive questions such as spendthrift provisions, forfeiture clauses, perpetuities limits, and trusts for the care of an animal.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

Sections covered

N.H. Rev. Stat. Ann. § 564-B:10-1001Remedies for Breach of Trust
N.H. Rev. Stat. Ann. § 564-B:10-1002Damages for Breach of Trust
N.H. Rev. Stat. Ann. § 564-B:10-1003Damages in Absence of Breach
N.H. Rev. Stat. Ann. § 564-B:10-1004Attorney's Fees and Costs
N.H. Rev. Stat. Ann. § 564-B:10-1005Limitation of Action Against a Trustee by a Beneficiary
N.H. Rev. Stat. Ann. § 564-B:10-1005ALimitation of Action Against a Trustee by a Trustee, Trust Advisor, or Trust Protector
N.H. Rev. Stat. Ann. § 564-B:10-1006Reliance on Trust Instrument
N.H. Rev. Stat. Ann. § 564-B:10-1007Event Affecting Administration or Distribution
N.H. Rev. Stat. Ann. § 564-B:10-1008Exculpation of Trustee
N.H. Rev. Stat. Ann. § 564-B:10-1009Beneficiary's Consent, Release, or Ratification
N.H. Rev. Stat. Ann. § 564-B:10-1010Limitation on Personal Liability of Trustee
N.H. Rev. Stat. Ann. § 564-B:10-1011Interest as General Partner
N.H. Rev. Stat. Ann. § 564-B:10-1012Protection of Person Dealing with Trustee
N.H. Rev. Stat. Ann. § 564-B:10-1013Certification of Trust
N.H. Rev. Stat. Ann. § 564-B:10-1014Enforcement of No-Contest Provision
N.H. Rev. Stat. Ann. § 564-B:10-1015Beneficiary's Disclaimer of an Interest in a Trust
N.H. Rev. Stat. Ann. § 564-B:10-1016Powers of Appointment
N.H. Rev. Stat. Ann. § 564-B:1-101Short Title
N.H. Rev. Stat. Ann. § 564-B:1-102Scope
N.H. Rev. Stat. Ann. § 564-B:1-103Definitions
N.H. Rev. Stat. Ann. § 564-B:1-104Knowledge
N.H. Rev. Stat. Ann. § 564-B:1-105Default and Mandatory Rules
N.H. Rev. Stat. Ann. § 564-B:1-106Common Law of Trusts; Principles of Equity
N.H. Rev. Stat. Ann. § 564-B:1-107Governing Law
N.H. Rev. Stat. Ann. § 564-B:1-108Principal Place of Administration
N.H. Rev. Stat. Ann. § 564-B:1-109Methods and Waiver of Notice
N.H. Rev. Stat. Ann. § 564-B:1-110Others Treated as Qualified Beneficiaries
N.H. Rev. Stat. Ann. § 564-B:1-111Nonjudicial Settlement Agreements
N.H. Rev. Stat. Ann. § 564-B:11-1101Uniformity of Application and Construction
N.H. Rev. Stat. Ann. § 564-B:11-1102Electronic Records and Signatures
N.H. Rev. Stat. Ann. § 564-B:11-1103Severability Clause
N.H. Rev. Stat. Ann. § 564-B:11-1104Application to Existing Relationships
N.H. Rev. Stat. Ann. § 564-B:1-111ANonjudicial Dispute Resolution
N.H. Rev. Stat. Ann. § 564-B:1-112Rules of Construction
N.H. Rev. Stat. Ann. § 564-B:1-113Precatory Language
N.H. Rev. Stat. Ann. § 564-B:12-1201Powers of Trust Advisors and Trust Protectors
N.H. Rev. Stat. Ann. § 564-B:12-1202Trust Advisors and Trust Protectors as Fiduciaries
N.H. Rev. Stat. Ann. § 564-B:12-1203Trust Advisor and Trust Protector Subject to Court Jurisdiction
N.H. Rev. Stat. Ann. § 564-B:12-1204No Duty to Review Actions of Trustee, Trust Advisor, or Trust Protector
N.H. Rev. Stat. Ann. § 564-B:12-1205Fiduciary's Liability for Action or Inaction of Trustee, Trust Advisor, and Trust Protector
N.H. Rev. Stat. Ann. § 564-B:12-1206Limitation of Action Against a Trust Advisor or Trust Protector
N.H. Rev. Stat. Ann. § 564-B:12-1207Office of the Trust Advisor or Trust Protector
N.H. Rev. Stat. Ann. § 564-B:12-1208Delegation to an Agent
N.H. Rev. Stat. Ann. § 564-B:12-1209Delegation to a Trustee, Trust Advisor, or Trust Protector
N.H. Rev. Stat. Ann. § 564-B:12-1210Employing Attorneys, Agents, and Other Persons
N.H. Rev. Stat. Ann. § 564-B:2-201Role of Court in Administration of Trust
N.H. Rev. Stat. Ann. § 564-B:2-202Jurisdiction Over Trustee and Beneficiary
N.H. Rev. Stat. Ann. § 564-B:2-203Subject-Matter Jurisdiction
N.H. Rev. Stat. Ann. § 564-B:2-204Venue
N.H. Rev. Stat. Ann. § 564-B:2-205Confidential Communications
N.H. Rev. Stat. Ann. § 564-B:3-301Representation; Basic Effect
N.H. Rev. Stat. Ann. § 564-B:3-302Representation by Holder of a Power of Appointment
N.H. Rev. Stat. Ann. § 564-B:3-303Representation by Fiduciaries and Parents
N.H. Rev. Stat. Ann. § 564-B:3-304Representation by Person Having Substantially Identical Interest
N.H. Rev. Stat. Ann. § 564-B:3-305Appointment of Representative
N.H. Rev. Stat. Ann. § 564-B:4-401Methods of Creating Trust
N.H. Rev. Stat. Ann. § 564-B:4-402Requirements for Creation
N.H. Rev. Stat. Ann. § 564-B:4-402ADuration of Trusts
N.H. Rev. Stat. Ann. § 564-B:4-403Trusts Created in Other Jurisdictions
N.H. Rev. Stat. Ann. § 564-B:4-404Trust Purposes
N.H. Rev. Stat. Ann. § 564-B:4-405Charitable Purposes; Enforcement
N.H. Rev. Stat. Ann. § 564-B:4-406Validity of Trusts
N.H. Rev. Stat. Ann. § 564-B:4-407Evidence of Oral Trust
N.H. Rev. Stat. Ann. § 564-B:4-408Trust for Care of Animal
N.H. Rev. Stat. Ann. § 564-B:4-409Noncharitable Trust Without Ascertainable Beneficiary
N.H. Rev. Stat. Ann. § 564-B:4-410Modification or Termination of Trust; Proceedings for Approval or Disapproval
N.H. Rev. Stat. Ann. § 564-B:4-411Modification or Termination of Noncharitable Irrevocable Trust by Consent
N.H. Rev. Stat. Ann. § 564-B:4-412Modification or Termination Because of Unanticipated Circumstances or Inability to Administer Trust Effectively
N.H. Rev. Stat. Ann. § 564-B:4-413Cy Pres
N.H. Rev. Stat. Ann. § 564-B:4-414Modification or Termination of Uneconomic Trust
N.H. Rev. Stat. Ann. § 564-B:4-415Reformation to Correct Mistakes
N.H. Rev. Stat. Ann. § 564-B:4-416Modification to Achieve Settlor's Tax Objectives
N.H. Rev. Stat. Ann. § 564-B:4-417Combination and Division of Trusts
N.H. Rev. Stat. Ann. § 564-B:4-418Trustee's Power to Decant Trust
N.H. Rev. Stat. Ann. § 564-B:4-419Trustee's Power of Modification
N.H. Rev. Stat. Ann. § 564-B:5-501Creditor's Claim Against a Beneficiary
N.H. Rev. Stat. Ann. § 564-B:5-502Creditor's Claim Against a Beneficiary of a Trust Containing a Spendthrift Provision
N.H. Rev. Stat. Ann. § 564-B:5-503Repealed by 2017, 257:59, II, eff. Sept. 16, 2017
N.H. Rev. Stat. Ann. § 564-B:5-504Creditor's Claim Against a Beneficiary of a Discretionary Trust
N.H. Rev. Stat. Ann. § 564-B:5-505Creditor's Claim Against a Settlor of a Revocable Trust
N.H. Rev. Stat. Ann. § 564-B:5-505ACreditor's Claim Against a Settlor of an Irrevocable Trust
N.H. Rev. Stat. Ann. § 564-B:5-505BCoordination with Qualified Dispositions in Trusts
N.H. Rev. Stat. Ann. § 564-B:5-506Overdue Distribution
N.H. Rev. Stat. Ann. § 564-B:5-507Personal Obligations of Trustee
N.H. Rev. Stat. Ann. § 564-B:5-508Disposition of Claims Against the Settlor
N.H. Rev. Stat. Ann. § 564-B:5-509Disposition of Claims Against a Trust
N.H. Rev. Stat. Ann. § 564-B:5-510Limitation on Personal Liability of Beneficiaries
N.H. Rev. Stat. Ann. § 564-B:5-511Limitation on Personal Liability of Settlors
N.H. Rev. Stat. Ann. § 564-B:6-601Capacity of Settlor of Revocable Trust
N.H. Rev. Stat. Ann. § 564-B:6-602Revocation or Amendment of Revocable Trust
N.H. Rev. Stat. Ann. § 564-B:6-603Settlor's Powers; Powers of Withdrawal
N.H. Rev. Stat. Ann. § 564-B:6-604Limitation on Action Contesting Validity of Revocable Trust; Distribution of Trust Property
N.H. Rev. Stat. Ann. § 564-B:7-701Accepting or Declining Trusteeship
N.H. Rev. Stat. Ann. § 564-B:7-702Trustee's Bond
N.H. Rev. Stat. Ann. § 564-B:7-703Cotrustees
N.H. Rev. Stat. Ann. § 564-B:7-704Vacancy in Trusteeship; Appointment of Successor
N.H. Rev. Stat. Ann. § 564-B:7-705Resignation of Trustee
N.H. Rev. Stat. Ann. § 564-B:7-706Removal of Trustee
N.H. Rev. Stat. Ann. § 564-B:7-707Delivery of Property by Former Trustee
N.H. Rev. Stat. Ann. § 564-B:7-708Compensation of Trustee
N.H. Rev. Stat. Ann. § 564-B:7-709Reimbursement of Expenses
N.H. Rev. Stat. Ann. § 564-B:7-710Coordination with RSA 564
N.H. Rev. Stat. Ann. § 564-B:7-711Divided Trusts and Directed Trusts
N.H. Rev. Stat. Ann. § 564-B:7-712Vacancy in a Divided Trust or Directed Trust
N.H. Rev. Stat. Ann. § 564-B:8-801Duty to Administer, Invest and Manage Trust, and Distribute Trust Property
N.H. Rev. Stat. Ann. § 564-B:8-802Duty of Loyalty
N.H. Rev. Stat. Ann. § 564-B:8-803Impartiality
N.H. Rev. Stat. Ann. § 564-B:8-804Prudent Administration
N.H. Rev. Stat. Ann. § 564-B:8-805Costs of Administration
N.H. Rev. Stat. Ann. § 564-B:8-806Trustee's Skills
N.H. Rev. Stat. Ann. § 564-B:8-807Delegation by Trustee to an Agent
N.H. Rev. Stat. Ann. § 564-B:8-808Powers to Direct
N.H. Rev. Stat. Ann. § 564-B:8-809Control and Protection of Trust Property
N.H. Rev. Stat. Ann. § 564-B:8-810Recordkeeping and Identification of Trust Property
N.H. Rev. Stat. Ann. § 564-B:8-811Enforcement and Defense of Claims
N.H. Rev. Stat. Ann. § 564-B:8-812Collecting Trust Property
N.H. Rev. Stat. Ann. § 564-B:8-813Duty to Inform and Report
N.H. Rev. Stat. Ann. § 564-B:8-814Discretionary Powers; Tax Savings
N.H. Rev. Stat. Ann. § 564-B:8-815General Powers of Trustee
N.H. Rev. Stat. Ann. § 564-B:8-816Specific Powers of Trustee
N.H. Rev. Stat. Ann. § 564-B:8-816-aSpecific Powers of Trustee; Powers of Fiduciaries in Environmental Matters
N.H. Rev. Stat. Ann. § 564-B:8-817Distribution upon Termination
N.H. Rev. Stat. Ann. § 564-B:8-818Repealed by 2025, 219:3, eff. Sept. 13, 2025
N.H. Rev. Stat. Ann. § 564-B:9-901Prudent Investor Rule
N.H. Rev. Stat. Ann. § 564-B:9-902Standard of Care; Portfolio Strategy; Risk and Return Objectives
N.H. Rev. Stat. Ann. § 564-B:9-903Diversification
N.H. Rev. Stat. Ann. § 564-B:9-904Duties at Inception of Trusteeship
N.H. Rev. Stat. Ann. § 564-B:9-905Reviewing Compliance
N.H. Rev. Stat. Ann. § 564-B:9-906Language Invoking Standard of Article
N.H. Rev. Stat. Ann. § 564-B:9-907Governing Law

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