HRS §554D-417
Combining or Dividing Trusts
A trustee can merge multiple trusts into one or split one trust into several, but only after telling the people who will benefit. The change must not hurt anyone's rights or the trust's purpose. If merging, each beneficiary's new interest must be basically the same as before. If splitting, the new trusts together must keep the same plan for who gets what.
beneficiariestrustees
The statute, as written — Combination and division of trusts
After notice to the qualified beneficiaries, a trustee may combine two or more trusts into a single trust or divide a trust into two or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust. Two or more trusts may be combined into a single trust if the interests of each beneficiary in the trust resulting from the combination are substantially the same as the combined interests of the beneficiary in the trusts before the combination. The terms of each new trust created by a division under this section shall provide, in the aggregate, for the same succession of interests and beneficiaries as are provided in the original trust .
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