New Hampshire § 564-B:7-709 Reimbursement of Expenses

New Hampshire Statutes

§ 564-B:7-709 — Reimbursement of Expenses

New Hampshire § 564-B:7-709

Title LVIPROBATE COURTS AND DECEDENTS' ESTATES

Ch. 564-BNEW HAMPSHIRE TRUST CODE

SubdivisionARTICLE 7OFFICE OF TRUSTEE

This text of New Hampshire § 564-B:7-709 (Reimbursement of Expenses) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 564-B:7-709 (2026).

Text

(a)A trustee, trust advisor, or trust protector is entitled to be reimbursed out of the trust property, with interest as appropriate, for:

(1)expenses that were properly incurred in the administration of the trust; and

(2)to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.

(b)An advance by the trustee, trust advisor, or trust protector of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.

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(a) A trustee, trust advisor, or trust protector is entitled to be reimbursed out of the trust property, with interest as appropriate, for:
(1) expenses that were properly incurred in the administration of the trust; and
(2) to the extent necessary to prevent unjust enrichment of the trust, expenses that were not properly incurred in the administration of the trust.
(b) An advance by the trustee, trust advisor, or trust protector of money for the protection of the trust gives rise to a lien against trust property to secure reimbursement with reasonable interest.