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RSA 564-B:6-603 · Settlor's Powers; Powers of Withdrawal

Title
PROBATE COURTS AND DECEDENTS' ESTATES
Chapter
564-B · NEW HAMPSHIRE TRUST CODE
Status
current
Official source linked
Yes

Official source

564-B:6-603 Settlor's Powers; Powers of Withdrawal. –
(a) While a trust is revocable and the settlor has capacity to revoke the trust, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.
(b) During the period the power may be exercised, the holder of a power of withdrawal has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power.
Source. 2004, 130:1, eff. Oct. 1, 2004.

Source note

Source. 2004, 130:1, eff. Oct. 1, 2004.

Source history

  • 2004, 130:1, eff. Oct. 1, 2004

Related materials

Bills affecting or mentioning this RSA