HRS §554D-804
Trustees must manage trusts prudently
A trustee must run the trust the way a careful, sensible person would, looking at the trust's goals, rules, and situation. They must use reasonable care, skill, and caution.
trustees
The statute, as written — Prudent administration
A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
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