HRS §554D-1003
Trustee not liable for losses without a breach
Read the official text at capitol.hawaii.gov ↗A trustee is not responsible for losses or drops in value of trust property, or for missing out on profits, unless the trustee broke the trust rules. This protects trustees from blame when they follow the trust terms.
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The statute, as written — No damages in absence of breach
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
Absent a breach of trust, a trustee shall not be liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.