N.H. Rev. Stat. Ann. § 564-B:8-812
Collecting Trust Property
Effective Sep 24, 20242004, 130:1, eff. Oct. 1, 2004. 2014, 195:24, eff. July 1, 2014. 2024, 292:6, eff. Sept. 24, 2024.
- (a) A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee.
- (b) Except as otherwise provided under the terms of the trust, the trustee shall take reasonable steps to redress a breach of trust known to the trustee to have been committed by a cotrustee or a former trustee prior to the trustee's acceptance of trusteeship.
- (c) Except as otherwise provided under the terms of the trust, the trustee shall take reasonable steps to redress a breach of trust actually known to the trustee to have been committed by a former trust advisor or a former trust protector. This subsection does not impose upon a trustee who is an excluded fiduciary any duty to monitor, duty to advise, or duty to warn as described under RSA 564-B:12-1204.
- (d) A person who receives a distribution from a trust is liable to return the distribution to the extent that a court subsequently determines that the person was not entitled to the distribution.
Source. 2004, 130:1, eff. Oct. 1, 2004. 2014, 195:24, eff. July 1, 2014. 2024, 292:6, eff. Sept. 24, 2024.