564:1 Bonds. – I. Every trustee to whom any estate, real or personal, is devised in trust for any person shall give bond to the judge of probate, with sufficient sureties, or without sureties in estates of five thousand dollars or less where the judge finds it in the interest of the estate, in […]
564:10 Appointing New Trustee. – If a trustee appointed in a will, no provision being made therein for perpetuating the trust, shall decline to accept it, or shall die, resign or be removed, a trustee may be appointed by the judge in his stead, after notice to the persons interested in the trust estate. […]
564:10-a Cemetery Trusts. – If a trustee appointed in a will over a trust for the benefit of a cemetery lot or lots, for which trustees of trust funds of a city or town may accept trust funds, shall resign, die, or be removed, the court of probate, on petition by the trustees of […]
564:11 Effect of Appointment. – Every trustee appointed by the judge shall be bound by the provisions of this chapter in the same manner as if he were appointed by the will, and the estate given in trust shall vest in such trustee in like manner, to all intents and purposes, as the same […]
564:12 Agent to be Appointed by Trustee. – Every resident trustee who removes from the state or who goes out of the state with the intention of being absent more than a year, and every resident of another state who is appointed trustee within this state, shall forthwith appoint some person residing in this […]
564:13 Duties. – Any trustee appointed by the judge shall demand and receive of the original trustee all such estate as may have come to his hands by virtue of the trust, and shall manage, pay, and deliver over such property, or the income thereof, in the same manner and under the same obligations […]
564:14 Authority to Sell, Etc. – The judge, on application of a trustee or of any person interested, may, after notice to all persons interested, authorize and require the trustee to sell any property holden in trust, and to invest the proceeds of the sale in such manner as will be most for the […]
564:15 Termination of Trust. – When the purposes for which any trust was created have been performed, the judge may, by license and decree, authorize the trustee to transfer, by suitable deed or conveyance, any property remaining in his hands to such person as shall be entitled thereto. Source. 1903, 130:1. PL 309:14. RL […]
564:15-a Repealed by 2004, 130:9, I, eff. Oct. 1, 2004. –
564:16 Authority to Mortgage, Etc. – The judge, upon petition of a trustee, may authorize a mortgage or a lease of the trust property, as provided in the case of guardians by RSA 462. Source. 1915, 11:1. PL 309:15. RL 363:15.
564:17 Purchase of Fractional Part. – When a trust estate is seized of an undivided fractional part of real estate the judge, upon petition of the trustee, notice and hearing, may authorize the trustee to purchase any other undivided fractional part of such real estate when it will be conducive to the interests of […]
564:18 Repealed by 2004, 130:9, II, eff. Oct. 1, 2004. –
564:19 Filing Account. – I. Except as otherwise provided in paragraph II, every trustee shall file in the probate court an annual account of administration, unless upon petition the trustee is excused by the judge of probate; but in no event shall the trustee be excused for a period longer than 3 years, except […]
564:2 Exemption. – No town or city in this state shall be required to give a bond when appointed trustee. Source. PS 198:2. PL 309:2. RL 363:2.
564:2-a Public Trustees. – The judge of probate shall be empowered to appoint a suitable person as public trustee to hold office during the court’s pleasure whose duty shall be to administer all such small charitable trusts as the court may assign to him, where it is found that the practical difficulties or the […]
564:2-b Citation. – Upon application the court may, in its discretion waive publication of citations and notices in such trusts where it is found in the interest of the state. Source. 1955, 183:2, eff. June 9, 1955.
564:2-c Collective Investments. – The public trustee may establish common trust funds, in which may be combined money and property belonging to the various trusts in his care, for the purpose of facilitating investments, providing diversification and obtaining reasonable income; and provided, further, that the participating interests of said trusts are properly evidenced by […]
564:20 Conveyance by Administrator. – When any person deceased shall, at the time of his death, hold any real estate in trust for the use of another, and there is no dispute as to the trust or title of the deceased therein, the judge for the county in which such real estate is situate, […]
564:21 Compensation for Trustees of Non-Charitable Trusts. – I. A trustee of a non-charitable trust shall be allowed reasonable expenses incurred in the execution of the trust; and unless otherwise expressly provided in the trust instrument, such trustee shall have such reasonable compensation for services as the judge may allow. II. In the case […]
564:21-a Compensation for Trustees of Charitable Trusts. – A trustee of a charitable trust shall be allowed reasonable expenses incurred in the execution of the trust; and unless otherwise expressly provided in the trust instrument, the trustee shall have such reasonable compensation for services as the judge may allow. Such compensation and expenses shall […]
