Is the custodian liable if the trust property is destroyed due to environmental hazards like fire or flood?

Primary text

If the owner instructs the custodian to keep the property in a specified location and the custodian does so without fearing harm, there is no liability, as the custodian is complying with the order and is not negligent. If the custodian fears a flood or destruction and moves the property to a safer repository where it is subsequently destroyed, there is no liability, as moving it in such circumstances constitutes preserving it, which is required.