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HRS §554D-1003

Trustee not liable for losses without a breach

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.

beneficiariestrustees

The statute, as written — No damages in absence of breach

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.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.