New Hampshire Living Trust Forms
Download the New Hampshire Living Trust form in order to provide a flexible method of providing for your loved ones. A trust provides flexibility to the grantor, who has the ability to put conditions on the timing and purpose of payments. For instance, a grantor might decide that up until a beneficiaries 22 birthday, they will only receive funds to be spent on education. Once they reach age 22 a grantor may decide to allow them to have their full share with no restrictions. There are any number of options depending on a grantor’s family circumstances and values.
Revocable vs. Irrevocable: An irrevocable trust is not meant ot be modified or terminated at any time without incurring possible tax or other penalties. A revocable trust can be changed or modified by the grantor during his or her life, but it becomes irrevocable after the grantor’s death.