2009 SESSION
09/01
HOUSE BILL 374
AN ACT limiting the filing of petitions for trust accountings.
SPONSORS: Rep. Butynski, Ches 4
This bill limits the filing of petitions for trust accountings by beneficiaries of trusts. The bill also requires a party filing a petition for a trust accounting which is determined by the probate court to be frivolous to pay attorney’s fees and court costs for all parties to the proceeding.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0612
09/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT limiting the filing of petitions for trust accountings.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Probate Court Proceedings; Requests for Trust Accountings. Amend RSA 547 by inserting after section 3-l the following new section:
547:3-m Requests for Trust Accountings. If a trust stipulates that there shall be no inquiry or challenge by any beneficiary during the lifetime of the owner of the trust, there shall be no requests for trust accountings by beneficiaries during the lifetime of the owner. Any party filing a petition for a trust accounting which is determined to be frivolous shall pay all attorney’s fees and court costs for all parties to the trust accounting proceeding.
2 Effective Date. This act shall take effect July 1, 2009.