New Hampshire Advantage
New Hampshire has become the leading trust domicile in the country, offering grantors greater alternatives, flexibility and tax advantages than other states.
To see detailed information about New Hampshire trust law, click here.
Trusts with New Hampshire situs are free of income, capital gains and estate taxes - allowing assets inside the trust to grow tax free, regardless of the beneficiary(s) state of residence.
Given the state’s trust laws, Perspecta and our estate planning practitioners have a wide menu of trust services and vehicles, from traditional trusts to more sophisticated trusts, to create a customized planning solution to meet our client’s needs.
Privacy, confidentiality and investment flexibility are important benefits of New Hampshire’s trust laws.
New Hampshire offers the grantor and trustee the ability to delegate various trustee responsibilities through Directed Trusts - allowing for trusted advisors to remain in place and maintain existing responsibilities.
The state’s trust laws also allow for a relaxed duty of diversification where the trust document governs the Trust’s diversification requirements – offering the trustee the option to retain closely-held assets in the trust, as intended by the grantor.
Modifying the administrative and investment terms of the trust is easily done given the state’s modern trust laws.
New Hampshire’s banking laws offer the option for families to serve as their own corporate trustee by establishing a “family-only” trust company –providing the family corporate trustee status and access to the state’s trust laws and tax exemptions.