{"data":{"id":"us-nh/rsa-564-b-5-506","jurisdiction":"us-nh","citation":"RSA 564-B:5-506","heading":"Overdue Distribution.","body":"(a) In this section, \"mandatory distribution\" means a distribution of income or principal that the trustee is required to make to a beneficiary under the terms of the trust, including a distribution upon termination of the trust. The term excludes a distribution subject to the exercise of the trustee's discretion regardless of whether the terms of the trust (i) include a support or other standard to guide the trustee in making distribution decisions or (ii) provide that the trustee \"may\" or \"shall\" make discretionary distributions, including distributions pursuant to a support or other standard.\n(b) Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the designated distribution date.","path":["Title LVI: PROBATE COURTS AND DECEDENTS' ESTATES","Chapter ARTICLE 5: CREDITOR'S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS"],"source_url":"https://gc.nh.gov/rsa/html/LVI/564-B/564-B-5-506.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T17:07:35Z","sha256":"c0f546f15de7fcfdf666ea93332e43f0f5750ebb03f4debe04825d51a40bfd25","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-564-b-5-505b","next":"us-nh/rsa-564-b-5-507"},"notice":"GroundRules: Original legal text. Not legal advice."}
