News & Library

New Hampshire’s Growing Trust Industry Forms Council

New Hampshire’s Growing Trust Industry Forms Council By the New Hampshire Trust Council June 15, 2010 Buoyed by the rapid development of the state’s trust industry, its leaders today announced the formation of the New Hampshire Trust Council (NHTC), a forum for addressing mutual interests and strengthening the Granite State’s position as the industry leader nationwide. In recent years, the New Hampshire Legislature has enacted numerous initiatives that have enabled New Hampshire to significantly enhance its competitive position in attracting trust business. Scott Baker, chairman of NHTC and a principal of Hampton-based Perspecta Trust, said, “New Hampshire now has the nation’s most favorable trust laws and tax code for individuals establishing trusts. View the full press release.

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States Want Your Trust

States Want Your Trust By Kristen McNamara Wall Street Journal, June 14, 2010 Scott Baker said that, “at the end of the day, the taxation is a big factor” in deciding where to create and administer a trust. The article’s author wrote that New Hampshire is “an aggressive participant in the trust race.” Read the full article.

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