This RSA section is an unofficial mirror, is not legal advice, and may be incomplete, outdated, or incorrectly processed.

RSA 564-B:7-709 · Reimbursement of Expenses

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

Official source Copy section link

564-B:7-709 Reimbursement of Expenses. –

Copy link

(a)

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

Copy link

(1)

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

Copy link

(2)

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

Copy link

(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. Source. 2004, 130:1. 2006, 320:59, eff. Aug. 19, 2006.

Copy link

Source note

Source. 2004, 130:1. 2006, 320:59, eff. Aug. 19, 2006.

Source history

2004, 130:1
2006, 320:59, eff. Aug. 19, 2006

Related materials

Bill relationships

2025 HB88 amend
housand Twenty Five AN ACT establishing community property trusts. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Article; Article 13 Community Property Trusts. Amend RSA 564-B by inserting after article 12 the following new article: Article 13 Community Property Trusts 564-B:13-1301 Short Title. This article shall be known as the "New Hampshire Community Property Trust Act of 2026."

Opinions and discipline decisions mentioning this RSA

2019-0319, David A. Hodges, Jr. & a. v. Alan Johnson & a. Supreme Court opinion · September 23, 2020