HRS §554D-810
Keeping Trust Records and Property Separate
A trustee must keep good records of how the trust is run and must keep trust property separate from their own. Trust property must be labeled so outside records show it belongs to the trust, unless the trustee's own records clearly show who owns what.
trustees
The statute, as written — Recordkeeping and identification of trust property
(a) A trustee shall keep adequate records of the administration of the trust. (b) A trustee shall keep trust property separate from the trustee's own property. (c) Except as otherwise provided in subsection (d), a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary. (d) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
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