HRS §554D-707
Delivering trust property after a trustee leaves
This section covers what happens when a trustee resigns or is removed. They must protect the trust property until it is handed over, and they must deliver it to the right person within a reasonable time, unless a co-trustee stays or a court says otherwise.
trustees
The statute, as written — Delivery of property by former trustee
(a) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee, or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property. (b) A trustee who has resigned or been removed shall, within a reasonable time, deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it.
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