{"data":{"id":"us-nh/rsa-564-c-4-402","jurisdiction":"us-nh","citation":"RSA 564-C:4-402","heading":"Distribution from Trust or Estate.","body":"A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, RSA 564 C:4-401 or RSA 564-C:4-415 applies to a receipt from the trust.","path":["Title LVI: PROBATE COURTS AND DECEDENTS' ESTATES","Chapter Part 1: Receipts from Entities"],"source_url":"https://gc.nh.gov/rsa/html/LVI/564-C/564-C-4-402.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T17:07:46Z","sha256":"bb0f6c476f1511b56cd49470c76e86e574877069ceeb100d9c0820003ca6e674","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-564-c-4-401","next":"us-nh/rsa-564-c-4-403"},"notice":"GroundRules: Original legal text. Not legal advice."}