{"data":{"id":"us-nh/rsa-564-b-12-1202","jurisdiction":"us-nh","citation":"RSA 564-B:12-1202","heading":"Trust Advisors and Trust Protectors as Fiduciaries.","body":"(a) Except as otherwise provided under the terms of the trust, a trust advisor of a noncharitable trust or trust protector of a noncharitable trust is a fiduciary with respect to each power granted to such trust advisor or trust protector. A trust advisor of a charitable trust or a trust protector of a charitable trust is a fiduciary with respect to each power granted to that trust advisor or trust protector. Notwithstanding the breadth of discretion granted to a trust advisor or trust protector under the terms of the trust, including the use of such terms as \"absolute,\" \"sole,\" or \"uncontrolled,\" a trust advisor or trust protector must exercise a discretionary power and otherwise act in good faith and in accordance with the terms of the trust, the purposes of the trust, and the interests of the beneficiaries.\n(b) A trust advisor or trust protector is an excluded fiduciary with respect to each power granted or reserved exclusively to any one or more other trustees, trust advisors, or trust protectors.","path":["Title LVI: PROBATE COURTS AND DECEDENTS' ESTATES","Chapter ARTICLE 12: TRUST PROTECTORS AND TRUST ADVISORS"],"source_url":"https://gc.nh.gov/rsa/html/LVI/564-B/564-B-12-1202.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T17:07:35Z","sha256":"3a654a0643c4d639ce8b79eaf99fa7ef8cee6a6acfce9091d8d97e0c8846541f","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-564-b-12-1201","next":"us-nh/rsa-564-b-12-1203"},"notice":"GroundRules: Original legal text. Not legal advice."}
