New Hampshire Revised Statutes
Title 564-B - New Hampshire Trust Code
Section 564-B:12-1205 - Fiduciary's Liability for Action or Inaction of Trustee, Trust Advisor, and Trust Protector.

New Hampshire Revised Statutes

Title LVI - Probate Courts and Decedents' Estates

Title 564-B - New Hampshire Trust Code

Section 564-B:1-101 - Short Title.

Section 564-B:1-102 - Scope.

Section 564-B:1-103 - Definitions.

Section 564-B:1-104 - Knowledge.

Section 564-B:1-105 - Default and Mandatory Rules.

Section 564-B:1-106 - Common Law of Trusts; Principles of Equity.

Section 564-B:1-107 - Governing Law.

Section 564-B:1-108 - Principal Place of Administration.

Section 564-B:1-109 - Methods and Waiver of Notice.

Section 564-B:1-110 - Others Treated as Qualified Beneficiaries.

Section 564-B:1-111 - Nonjudicial Settlement Agreements.

Section 564-B:1-111A - Nonjudicial Dispute Resolution.

Section 564-B:1-112 - Rules of Construction.

Section 564-B:1-113 - Precatory Language.

Section 564-B:2-201 - Role of Court in Administration of Trust.

Section 564-B:2-202 - Jurisdiction Over Trustee and Beneficiary.

Section 564-B:2-203 - Subject-Matter Jurisdiction.

Section 564-B:2-204 - Venue.

Section 564-B:2-205 - Confidential Communications.

Section 564-B:3-301 - Representation; Basic Effect.

Section 564-B:3-302 - Representation by Holder of a Power of Appointment.

Section 564-B:3-303 - Representation by Fiduciaries and Parents.

Section 564-B:3-304 - Representation by Person Having Substantially Identical Interest.

Section 564-B:3-305 - Appointment of Representative.

Section 564-B:4-401 - Methods of Creating Trust.

Section 564-B:4-402 - Requirements for Creation.

Section 564-B:4-402A - Duration of Trusts.

Section 564-B:4-403 - Trusts Created in Other Jurisdictions.

Section 564-B:4-404 - Trust Purposes.

Section 564-B:4-405 - Charitable Purposes; Enforcement.

Section 564-B:4-406 - Validity of Trusts.

Section 564-B:4-407 - Evidence of Oral Trust.

Section 564-B:4-408 - Trust for Care of Animal.

Section 564-B:4-409 - Noncharitable Trust Without Ascertainable Beneficiary.

Section 564-B:4-410 - Modification or Termination of Trust; Proceedings for Approval or Disapproval.

Section 564-B:4-411 - Modification or Termination of Noncharitable Irrevocable Trust by Consent.

Section 564-B:4-412 - Modification or Termination Because of Unanticipated Circumstances or Inability to Administer Trust Effectively.

Section 564-B:4-413 - Cy Pres.

Section 564-B:4-414 - Modification or Termination of Uneconomic Trust.

Section 564-B:4-415 - Reformation to Correct Mistakes.

Section 564-B:4-416 - Modification to Achieve Settlor's Tax Objectives.

Section 564-B:4-417 - Combination and Division of Trusts.

Section 564-B:4-418 - Trustee's Power to Decant Trust.

Section 564-B:4-419 - Trustee's Power of Modification.

Section 564-B:5-501 - Creditor's Claim Against a Beneficiary.

Section 564-B:5-502 - Creditor's Claim Against a Beneficiary of a Trust Containing a Spendthrift Provision.

Section 564-B:5-504 - Creditor's Claim Against a Beneficiary of a Discretionary Trust.

Section 564-B:5-505 - Creditor's Claim Against a Settlor of a Revocable Trust.

Section 564-B:5-505A - Creditor's Claim Against a Settlor of an Irrevocable Trust.

Section 564-B:5-505B - Coordination with Qualified Dispositions in Trusts.

Section 564-B:5-506 - Overdue Distribution.

Section 564-B:5-507 - Personal Obligations of Trustee.

Section 564-B:5-508 - Disposition of Claims Against the Settlor.

Section 564-B:5-509 - Disposition of Claims Against a Trust.

Section 564-B:5-510 - Limitation on Personal Liability of Beneficiaries.

Section 564-B:5-511 - Limitation on Personal Liability of Settlors.

Section 564-B:6-601 - Capacity of Settlor of Revocable Trust.

Section 564-B:6-602 - Revocation or Amendment of Revocable Trust.

Section 564-B:6-603 - Settlor's Powers; Powers of Withdrawal.

Section 564-B:6-604 - Limitation on Action Contesting Validity of Revocable Trust; Distribution of Trust Property.

Section 564-B:7-701 - Accepting or Declining Trusteeship.

Section 564-B:7-702 - Trustee's Bond.

Section 564-B:7-703 - Cotrustees.

Section 564-B:7-704 - Vacancy in Trusteeship; Appointment of Successor.

Section 564-B:7-705 - Resignation of Trustee.

Section 564-B:7-706 - Removal of Trustee.

Section 564-B:7-707 - Delivery of Property by Former Trustee

Section 564-B:7-708 - Compensation of Trustee.

Section 564-B:7-709 - Reimbursement of Expenses.

Section 564-B:7-710 - Coordination with RSA 564.

Section 564-B:7-711 - Divided Trusts and Directed Trusts.

Section 564-B:7-712 - Vacancy in a Divided Trust or Directed Trust.

Section 564-B:8-801 - Duty to Administer, Invest and Manage Trust, and Distribute Trust Property.

Section 564-B:8-802 - Duty of Loyalty.

Section 564-B:8-803 - Impartiality.

Section 564-B:8-804 - Prudent Administration.

Section 564-B:8-805 - Costs of Administration.

Section 564-B:8-806 - Trustee's Skills.

Section 564-B:8-807 - Delegation by Trustee to an Agent.

Section 564-B:8-808 - Powers to Direct.

Section 564-B:8-809 - Control and Protection of Trust Property.

Section 564-B:8-810 - Recordkeeping and Identification of Trust Property.

Section 564-B:8-811 - Enforcement and Defense of Claims.

Section 564-B:8-812 - Collecting Trust Property.

Section 564-B:8-813 - Duty to Inform and Report.

Section 564-B:8-814 - Discretionary Powers; Tax Savings.

Section 564-B:8-815 - General Powers of Trustee.

Section 564-B:8-816 - Specific Powers of Trustee.

Section 564-B:8-817 - Distribution upon Termination.

Section 564-B:9-901 - Prudent Investor Rule.

Section 564-B:9-902 - Standard of Care; Portfolio Strategy; Risk and Return Objectives.

Section 564-B:9-903 - Diversification.

Section 564-B:9-904 - Duties at Inception of Trusteeship.

Section 564-B:9-905 - Reviewing Compliance.

Section 564-B:9-906 - Language Invoking Standard of Article.

Section 564-B:9-907 - Governing Law.

Section 564-B:10-1001 - Remedies for Breach of Trust

Section 564-B:10-1002 - Damages for Breach of Trust.

Section 564-B:10-1003 - Damages in Absence of Breach.

Section 564-B:10-1004 - Attorney's Fees and Costs.

Section 564-B:10-1005 - Limitation of Action Against a Trustee by a Beneficiary.

Section 564-B:10-1005A - Limitation of Action Against a Trustee by a Trustee, Trust Advisor, or Trust Protector.

Section 564-B:10-1006 - Reliance on Trust Instrument.

Section 564-B:10-1007 - Event Affecting Administration or Distribution.

Section 564-B:10-1008 - Exculpation of Trustee.

Section 564-B:10-1009 - Beneficiary's Consent, Release, or Ratification.

Section 564-B:10-1010 - Limitation on Personal Liability of Trustee.

Section 564-B:10-1011 - Interest as General Partner.

Section 564-B:10-1012 - Protection of Person Dealing with Trustee.

Section 564-B:10-1013 - Certification of Trust.

Section 564-B:10-1014 - Enforcement of No-Contest Provision.

Section 564-B:10-1015 - Beneficiary's Disclaimer of an Interest in a Trust.

Section 564-B:10-1016 - Powers of Appointment.

Section 564-B:11-1101 - Uniformity of Application and Construction.

Section 564-B:11-1102 - Electronic Records and Signatures.

Section 564-B:11-1103 - Severability Clause.

Section 564-B:11-1104 - Application to Existing Relationships.

Section 564-B:12-1201 - Powers of Trust Advisors and Trust Protectors.

Section 564-B:12-1202 - Trust Advisors and Trust Protectors as Fiduciaries.

Section 564-B:12-1203 - Trust Advisor and Trust Protector Subject to Court Jurisdiction.

Section 564-B:12-1204 - No Duty to Review Actions of Trustee, Trust Advisor, or Trust Protector.

Section 564-B:12-1205 - Fiduciary's Liability for Action or Inaction of Trustee, Trust Advisor, and Trust Protector.

Section 564-B:12-1206 - Limitation of Action Against a Trust Advisor or Trust Protector.

Section 564-B:12-1207 - Office of the Trust Advisor or Trust Protector.

Section 564-B:12-1208 - Delegation to an Agent.

Section 564-B:12-1209 - Delegation to a Trustee, Trust Advisor, or Trust Protector.

Section 564-B:12-1210 - Employing Attorneys, Agents, and Other Persons.