New Hampshire Revised Statutes 463-A:4 – Transfer by Gift or Exercise of Power of Appointment
Current as of: 2023 | Check for updates
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Terms Used In New Hampshire Revised Statutes 463-A:4
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to N.H. Rev. Stat. § 463-A:9.