Skip to main content
Find a Lawyer

Hawaii Revised Statutes Division 3. Property; Family § 554D-705

Current as of January 01, 2022 | Updated by FindLaw Staff

(a) A trustee may resign:

(1) For a revocable trust, upon at least thirty days' notice to the settlor, if living, or if incapacitated, to the settlor's duly appointed agent or conservator, if any, and all cotrustees or, if none, to the designated successor trustee or trustees;

(2) For an irrevocable trust, upon at least thirty days' notice to the qualified beneficiaries, the settlor, if living, and all cotrustees or, if none, to the designated successor trustee or trustees; or

(3) With the approval of the court.

(b) In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.

(c) Any liability of a resigning trustee or of any sureties on the trustee's bond for acts or omissions of the trustee is not discharged or affected by the trustee's resignation.

(d) A trustee may seek release and discharge directly from the beneficiaries or the court.

Back to chapter list
Previous part of code Next part of code
Back to chapter list

Cite this article: FindLaw.com - Hawaii Revised Statutes Division 3. Property; Family § 554D-705 - last updated January 01, 2022 | https://codes.findlaw.com/hi/division-3-property-family/hi-rev-st-sect-554d-705/

Read this complete Hawaii Revised Statutes Division 3. Property; Family § 554D-705 on Westlaw. Westlaw subscription required.

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Search all Hawaii Codes

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard