New Hampshire § 564-B-4-414 - Section 564-B:4-414 Modification or Termination of Uneconomic Trust.
Full text of New Hampshire New Hampshire Revised Statutes Annotated § 564-B-4-414 — Section 564-B:4-414 Modification or Termination of Uneconomic Trust., with citation guidance and answers to common questions.
§ 564-B-4-414. Section 564-B:4-414 Modification or Termination of Uneconomic Trust.
(a) After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property having a total value less than $100,000 may terminate the trust if: (1) The trustee concludes that the value of the trust property is insufficient to justify the cost of administration; and (2) Within 30 days after the notice was sent to the qualified beneficiaries, a beneficiary does not notify the trustee of the beneficiary's objection to the trust's termination. (b) The court may modify or terminate a trust or remove the trustee and appoint a different trustee if it determines that the value of the trust property is insufficient to justify the cost of administration. (c) Upon termination of a trust under this section, the trustee shall distribute the trust property in a manner consistent with the purposes of the trust. (d) This section does not apply to an easement for conservation or preservation or to a fund held or created by a town or other municipality under RSA 31:19 or RSA 31:19-a.
Source: official New Hampshire text · Last verified 2026-08-27
Frequently Asked Questions About New Hampshire § 564-B-4-414
What does New Hampshire Revised Statutes Annotated § 564-B-4-414 cover?
Section 564-B-4-414 ("Section 564-B:4-414 Modification or Termination of Uneconomic Trust.") is part of the New Hampshire Revised Statutes Annotated, the codified statutory law of New Hampshire. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Hampshire § 564-B-4-414?
A common citation format is "New Hampshire Revised Statutes Annotated § 564-B-4-414" (New Hampshire). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Hampshire law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Hampshire official source linked on this page or consult a licensed New Hampshire attorney.
How does New Hampshire § 564-B-4-414 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Hampshire can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Hampshire.