State Codes and Statutes

Statutes > New-hampshire > TITLELVI > CHAPTER564-B > 564-B-8-808


      (a) While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.
      (b) If the terms of a trust, an agreement of the qualified beneficiaries, or a court order, confer upon a person (other than the settlor of a revocable trust) the power to direct certain actions of the trustee, then the trustee shall act in accordance with an exercise of the power.
      (c) The terms of a trust may confer upon a trustee or other person a power to direct the modification or termination of the trust.
      (d) A person who holds a power to direct is a trust advisor, except to the extent that the person is a beneficiary of the trust and, under such power, the person may direct the trustee to make distributions.

Source. 2004, 130:1. 2006, 320:63, eff. Aug. 19, 2006. 2008, 374:16, eff. Sept. 9, 2008.

State Codes and Statutes

Statutes > New-hampshire > TITLELVI > CHAPTER564-B > 564-B-8-808


      (a) While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.
      (b) If the terms of a trust, an agreement of the qualified beneficiaries, or a court order, confer upon a person (other than the settlor of a revocable trust) the power to direct certain actions of the trustee, then the trustee shall act in accordance with an exercise of the power.
      (c) The terms of a trust may confer upon a trustee or other person a power to direct the modification or termination of the trust.
      (d) A person who holds a power to direct is a trust advisor, except to the extent that the person is a beneficiary of the trust and, under such power, the person may direct the trustee to make distributions.

Source. 2004, 130:1. 2006, 320:63, eff. Aug. 19, 2006. 2008, 374:16, eff. Sept. 9, 2008.


State Codes and Statutes

State Codes and Statutes

Statutes > New-hampshire > TITLELVI > CHAPTER564-B > 564-B-8-808


      (a) While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.
      (b) If the terms of a trust, an agreement of the qualified beneficiaries, or a court order, confer upon a person (other than the settlor of a revocable trust) the power to direct certain actions of the trustee, then the trustee shall act in accordance with an exercise of the power.
      (c) The terms of a trust may confer upon a trustee or other person a power to direct the modification or termination of the trust.
      (d) A person who holds a power to direct is a trust advisor, except to the extent that the person is a beneficiary of the trust and, under such power, the person may direct the trustee to make distributions.

Source. 2004, 130:1. 2006, 320:63, eff. Aug. 19, 2006. 2008, 374:16, eff. Sept. 9, 2008.