386B.10 -010 Remedies for breach of trust. (1) A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust. (2) To remedy a breach of trust that has occurred or may occur, the court may: (a) Compel the trustee to perform the trustee's duties; (b) Enjoin the trustee from co mmitting a breach of trust; (c) Compel the trustee to redress a breach of trust by paying money, restoring property, or other means; (d) Order a trustee to account; (e) Appoint a special fiduciary to take possession of the trust property and administer the trust; (f) Suspend the trustee; (g) Remove the trustee under KRS 386B.7 -060; (h) Reduce or deny compensation to the trustee; (i) Subject to KRS 386B.10 -110, void an act of the trustee, impose a lien or a constructive trust on trust property, or trace trus t property wrongfully disposed of and recover the property or its proceeds; or (j) Order any other appropriate relief. Effective: July 15, 2014 History: Created 2014 Ky. Acts ch. 25, sec. 79, effective July 15, 2014.
Kentucky Legal Code