N.H. Rev. Stat. § 564-B:11-1101

Current through Chapter 377 of the 2024 Legislative Session
Section 564-B:11-1101 - Uniformity of Application and Construction

In applying and construing this chapter, primary consideration shall be given to the preservation of the settlor's intent as expressed in the terms of the trust. Secondary consideration shall be given to the following objectives, in no order of priority among them:

(1) the protection of the interests of the beneficiaries consistent with the settlor's intent as expressed in the terms of the trust;
(2) the promotion of certainty concerning the duties and liabilities of trustees, trust advisors, and trust protectors, including the division of those duties and liabilities among trustees, trust advisors, and trust protectors; and
(3) the promotion of the efficient administration of a trust. Tertiary consideration may be given to the promotion of uniformity of the law with respect to its subject matter among states that enact the uniform act upon which this chapter is based.

RSA 564-B:11-1101

Amended by 2014, 195:31, eff. 7/1/2014.

2004, 130:1, eff. Oct. 1, 2004. 2014, 195:31, eff. July 1, 2014.