{"data":{"id":"us-nh/rsa-564-f-14-1401","jurisdiction":"us-nh","citation":"RSA 564-F:14-1401","heading":"Nature of Beneficial Interests.","body":"(a) Subject to subsection (b), a beneficiary's interest is a mere expectancy and is not a property interest or an enforceable right.\n(b) A beneficiary's interest is a property interest to the extent that:\n(1) The beneficiary has a currently exercisable power to appoint the foundation's property to himself, herself, or itself without the consent of any other person; or\n(2) The directors have failed to make a distribution to the beneficiary in accordance with a provision of the governing documents requiring the directors to make that distribution.\n(c) For the purposes of determining a beneficiary's interest, the founder's intent as expressed in the terms of the governing documents shall be paramount.","path":["Title LVI: PROBATE COURTS AND DECEDENTS' ESTATES","Chapter ARTICLE 14: Beneficiaries"],"source_url":"https://gc.nh.gov/rsa/html/LVI/564-F/564-F-14-1401.htm","current_through":"2025 regular legislative session, or December 2025","vintage":"","retrieved_at":"2026-09-05T17:08:19Z","sha256":"38d96948960a58af5b7120803dfa7c82ad0c70750d2b6b9eabea864b0c9f3343","source_id":"us-nh","stale":false,"prev":"us-nh/rsa-564-f-13-1305","next":"us-nh/rsa-564-f-14-1402"},"notice":"GroundRules: Original legal text. Not legal advice."}