TITLE LVI
PROBATE COURTS AND DECEDENTS' ESTATES

CHAPTER 564-B
NEW HAMPSHIRE TRUST CODE

ARTICLE 10
LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE

Section 564-B:10-1003

    564-B:10-1003 Damages in Absence of Breach. –
(a) A trustee, trust advisor, or trust protector is accountable to an affected beneficiary for any profit made by that trustee, trust advisor, or trust protector arising from the administration of the trust, even absent a breach of trust. This section does not preclude the payment of reasonable compensation to a trustee, trust advisor, or trust protector.
(b) Absent a breach of trust, a trustee, trust advisor, or trust protector is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.

Source. 2004, 130:1, eff. Oct. 1, 2004. 2014, 195:41, eff. July 1, 2014.