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.
Structure 2021 Tennessee Code
Title 35 - Fiduciaries and Trust Estates
Chapter 15 - Tennessee Uniform Trust Code
Part 10 - Liability of Trustees and Rights of Persons Dealing With Trustee
§ 35-15-1003. Damages in Absence of Breach
§ 35-15-1006. Reliance on Trust Instrustment
§ 35-15-1007. Event Affecting Administration or Distribution
§ 35-15-1009. Beneficiary's Consent, Release, or Ratification