New Hampshire Statutes
§ 564-B:7-708 — Compensation of Trustee
New Hampshire·Title LVI PROBATE COURTS AND DECEDENTS' ESTATES·Ch. 564-B NEW HAMPSHIRE TRUST CODE·Subdivision ARTICLE 7OFFICE OF TRUSTEE
(a)If the terms of a trust do not specify the trustee's, trust advisor's, or trust protector's compensation, each such fiduciary is entitled to compensation that is reasonable under the circumstances.
(b)If the terms of a trust specify the trustee's, trust advisor's, or trust protector's compensation, each such fiduciary is entitled to be compensated as specified, but the court may allow more or less compensation if:
(1)the duties of the trustee, trust advisor, or trust protector are substantially different from those contemplated when the trust was created; or
(2)the compensation specified by the terms of the trust would be unreasonably low or high.
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New Hampshire § 564-B:7-708 (Compensation of Trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
2004, 130:1. 2006, 320:58, eff. Aug. 19, 2006.
Nearby Sections
15
§ 564-B:1-101
Short Title§ 564-B:1-102
Scope§ 564-B:1-103
Definitions§ 564-B:1-104
Knowledge§ 564-B:1-105
Default and Mandatory Rules§ 564-B:1-106
Common Law of Trusts; Principles of Equity§ 564-B:1-107
Governing Law§ 564-B:1-108
Principal Place of Administration§ 564-B:1-109
Methods and Waiver of Notice§ 564-B:1-110
Others Treated as Qualified Beneficiaries§ 564-B:1-111
Nonjudicial Settlement Agreements§ 564-B:1-111A
Nonjudicial Dispute Resolution§ 564-B:1-112
Rules of Construction§ 564-B:1-113
Precatory Language§ 564-B:10-1001
Remedies for Breach of Trust