Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 7783 - Damages in absence of breach - UTC 1003 — Pennsylvania Law | CourtGPT
  1. Home/
  2. Laws/
  3. Pennsylvania/
  4. Title 20 - Decedents, Estates and Fiduciaries/
  5. Chapter 77 - Trustsextra - Chapter Notes/
  6. Section 7783 - Damages in absence of breach - UTC 1003
Pennsylvania Legal Code

Section 7783 - Damages in absence of breach - UTC 1003

Ask AI about this
(a) Profit.--A trustee is accountable to an affected beneficiary for any profit, excluding reasonable compensation, made by the trustee arising from the administration of the trust, even absent a breach of trust. (b) Loss or depreciation.--Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.