58a-1006.
Reliance on trust instrument.
A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.
History:
L. 2002, ch. 133, § 81; January 1, 2003.
Notes of Decisions
Culliss v. Culliss, 514 P.3d 376 (Kan. Ct. App. 2022).
“2021) (unpublished opinion); see K.S.A. 58a-1006. Although Julia did not expressly grant the trustee the power to act in a dual capacity, she created Brian's divided loyalty by knowingly placing him in a position in which his interest as trustee/beneficiary might conflict with…”
Mead v. Small, No. 122511 (Kan. Ct. App. May 21, 2021).
“See K.S.A. 58a-1006 ("A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.”
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