§ 554D-901 Prudent investor rule
§ 554D-902 Standard of care; portfolio strategy; risk and return objectives
§ 554D-903 Diversification
§ 554D-904 Duties at inception of trusteeship
§ 554D-905 Reviewing compliance
§ 554D-906 Language invoking standard of part
will 560x170

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Hawaii Revised Statutes > Chapter 554D > Part IX - Uniform Prudent Investor Act

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Person: means an individual; corporation; business trust; estate; trust; partnership; limited liability company; association; joint venture; government; governmental subdivision, agency, or instrumentality; public corporation; or any other legal or commercial entity. See Hawaii Revised Statutes 554D-103
  • Personal property: All property that is not real property.
  • Property: means anything that may be the subject of ownership, whether real or personal, legal or equitable, or any interest therein. See Hawaii Revised Statutes 554D-103
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustee: A person or institution holding and administering property in trust.
  • Trustee: includes an original, additional, and successor trustee, and a cotrustee. See Hawaii Revised Statutes 554D-103