SB 52 · 2025 · Senate · Commerce Committee
Trust default provision changes
AI-generatedrelative to default provisions in New Hampshire trusts.
Prevents a trust beneficiary from removing a trustee and replacing them with a relative or subordinate, expands who may serve as trustee, and repeals certain limitations on trustees who are also beneficiaries.AI-generated
Status
Signed into law · July 22, 2025- ✓Introduced
- ✓Senate
- ✓House
- ✓Governor
- ✓Law
Analysis
This bill: I. Prevents a beneficiary of a trust from removing a trustee or fiduciary and replacing them with a relative or subordinate. II. Expands the scope of whom may be considered a trustee under RSA 564-B:8-814. III. Repeals limitations imposed on certain trustees who are also beneficiaries.
From the bill's official ANALYSIS section.
Official record
gc.nh.gov · the authoritative source
Sponsors
- Rep. John HuntRChair· Commerce and Consumer Affairs
- Rep. Bob LynnRChair· Judiciary
Public testimony
Hearings
- 2025-01-239:30 amSenate CommerceSH 100Public hearing
- 2025-04-221:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing
- 2025-05-0610:00 amHouse Commerce and Consumer AffairsLOB 302-304Public hearing
- 2025-05-271:15 pmHouse Commerce and Consumer AffairsLOB 302-304Public hearing
Legislative history
- Jan 9, 2025SenIntroduced 01/09/2025 and Referred to Commerce; SJ 3
- Jan 23, 2025SenHearing: 01/23/2025, Room 100, SH, 09:50 am; SC 7
- Jan 30, 2025Sen: Ought to Pass, 01/30/2025; Vote 5-0; CC; SC 7A
- Jan 30, 2025SenOught to Pass: MA, VV; OT3rdg; 01/30/2025; SJ 4
- Mar 27, 2025HouseIntroduced (in recess of) 03/27/2025 and referred to Commerce and Consumer Affairs HJ 11 P. 110
- Apr 22, 2025HousePublic Hearing: 04/22/2025 01:45 pm LOB 302-304
- May 6, 2025HouseSubcommittee Work Session: 05/06/2025 10:00 am LOB 302-304
- May 27, 2025HouseExecutive Session: 05/27/2025 01:15 pm LOB 302-304
- May 27, 2025House: Ought to Pass 05/27/2025 (Vote 16-0; CC) HC 27 P. 6
- Jun 5, 2025HouseOught to Pass: MA VV 06/05/2025 HJ 16 P. 3
- Jun 26, 2025HouseEnrolled (in recess of) 06/26/2025 HJ 18 P. 59
- Jun 26, 2025SenEnrolled Adopted, VV, (In recess 06/26/2025); SJ 18
- Jul 15, 2025SenSigned by the Governor on 07/15/2025; Chapter 0219; Effective 09/13/2025
Coverage
No reporting linked yet.
Documents (PDF)
Bill text & amendments link direct to gc.nh.gov; committee reports stream from the state record.