RSA 564-B:8-814 Discretionary Powers; Tax Savings.

(a) Notwithstanding the breadth of discretion granted to a trustee, trust advisor, or trust protector, individually or collectively referred to in this section as a "fiduciary", whether or not exercising fiduciary powers, in the terms of the trust, including the use of such terms as "absolute," "sole," or "uncontrolled," the fiduciary shall exercise a discretionary power in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries.
(b) Subject to the provisions of paragraph (a), if a distribution to or for the benefit of a beneficiary is subject to the exercise of the fiduciary's discretion, whether or not the terms of a trust include a standard to guide the fiduciary in making distribution decisions, then the beneficiary's in