Chapter 701. Trusts.
- 701.0101 Short title.
- 701.0102 Scope.
- 701.0103 Definitions.
- 701.0104 Knowledge.
- 701.0105 Default and mandatory rules.
- 701.0106 Common law of trusts; principles of equity.
- 701.0107 Governing law.
- 701.0108 Principal place of administration.
- 701.0109 Methods and waiver of notice.
- 701.0110 Others treated as qualified beneficiaries.
- 701.0111 Nonjudicial settlement agreements.
- 701.0201 Role of court in administration of trust.
- 701.0202 Personal jurisdiction.
- 701.0203 Subject matter jurisdiction.
- 701.0204 Venue.
- 701.0205 Notice.
- 701.0206 Attorney for person in military service.
- 701.0301 Representation: basic effect.
- 701.0302 Representation by holder of general power of appointment.
- 701.0303 Representation by fiduciaries, parents, or a person appointed by a trustee.
- 701.0304 Representation by person having substantially identical interest.
- 701.0305 Appointment of representative by a court.
- 701.0401 Methods of creating a trust.
- 701.0402 Requirements for creation.
- 701.0403 Trusts created in other jurisdictions.
- 701.0404 Trust purposes.
- 701.0405 Charitable purposes; enforcement.
- 701.0406 Creation of trust induced by fraud, duress, or undue influence.
- 701.0407 Evidence of oral trust.
- 701.0408 Trust for care of animal.
- 701.0409 Noncharitable trust without ascertainable beneficiary.
- 701.0410 Modification or termination of trust; proceedings for approval or disapproval.
- 701.0411 Modification or termination of noncharitable irrevocable trust by consent.
- 701.0412 Modification or termination because of unanticipated circumstances or inability to administer trust effectively.
- 701.0413 Cy pres.
- 701.0414 Modification or termination of uneconomic trust.
- 701.0415 Reformation to correct mistakes.
- 701.0416 Modification to achieve settlor's tax objectives.
- 701.0417 Combination and division of trusts.
- 701.0418 Trustee's power to appoint assets to new trust.
- 701.0419 Transfers to trusts.
- 701.0501 Rights of beneficiary's creditor or assignee.
- 701.0502 Spendthrift provision.
- 701.0503 Exceptions to spendthrift provision.
- 701.0504 Discretionary trusts; effect of standard.
- 701.0505 Creditor's claim against settlor.
- 701.0506 Overdue distribution.
- 701.0507 Personal obligations of trustee.
- 701.0508 Debts of decedents.
- 701.0601 Capacity of settlor of revocable trust.
- 701.0602 Revocation or amendment of revocable trust.
- 701.0603 Settlor's powers; powers of withdrawal.
- 701.0604 Limitation on action contesting validity of revocable trust; distribution of trust property.
- 701.0701 Accepting or declining trusteeship.
- 701.0702 Trustee's bond.
- 701.0703 Cotrustees.
- 701.0704 Vacancy in trusteeship; appointment of successor.
- 701.0705 Resignation of trustee.
- 701.0706 Removal of trustee.
- 701.0707 Delivery of property by former trustee.
- 701.0708 Compensation of trustee.
- 701.0709 Reimbursement of expenses.
- 701.0710 Title of trust property.
- 701.0801 Duty to administer trust.
- 701.0802 Duty of loyalty.
- 701.0803 Impartiality.
- 701.0804 Prudent administration.
- 701.0805 Costs of administration.
- 701.0806 Trustee's skills.
- 701.0807 Delegation by trustee.
- 701.0808 Powers to direct; directing parties.
- 701.0809 Control and protection of trust property.
- 701.0810 Record keeping and identification of trust property.
- 701.0811 Enforcement and defense of claims.
- 701.0812 Collecting trust property; duties of successor trustees.
- 701.0813 Duty to inform and report.
- 701.0814 Discretionary powers; tax savings.
- 701.0815 General powers of trustee.
- 701.0816 Specific powers of trustee.
- 701.0817 Distribution upon termination.
- 701.0818 Trust protectors.
- 701.0819 Marital deduction transfers.
- 701.0901 Application of the Wisconsin Prudent Investor Act.
- 701.0902 Directed trust property.
- 701.0903 Nonapplication of prudent investor rule to life insurance contracts owned by trusts.
- 701.1001 Remedies for breach of trust.
- 701.1002 Damages for breach of trust; liability of successor trustee.
- 701.1003 Damages in absence of breach.
- 701.1004 Attorney fees and costs.
- 701.1005 Limitation of action against trustee.
- 701.1006 Reliance on trust instrument.
- 701.1007 Event affecting administration or distribution.
- 701.1008 Exculpation of trustee.
- 701.1009 Beneficiary's consent, release, or ratification.
- 701.1010 Limitation on personal liability of trustee.
- 701.1011 Interest as general partner.
- 701.1012 Protection of person dealing with trustee.
- 701.1013 Certification of trust.
- 701.1101 Short title and scope.
- 701.1102 Definitions.
- 701.1103 Fiduciary duties; general principles.
- 701.1104 Trustee's power to adjust.
- 701.1105 Notice to beneficiaries of proposed action.
- 701.1106 Conversion to unitrust.
- 701.1107 Express unitrusts.
- 701.1108 Power to treat capital gains as part of a distribution.
- 701.1109 Judicial review of discretionary power.
- 701.1110 Determination and distribution of net income.
- 701.1111 Distribution to residuary and remainder beneficiaries.
- 701.1112 When right to income begins and ends.
- 701.1113 Apportionment of receipts and disbursements when decedent dies or income interest begins.
- 701.1114 Apportionment when income interest ends.
- 701.1115 Character of receipts.
- 701.1116 Distribution from trust or estate.
- 701.1117 Business and other activities conducted by trustee.
- 701.1118 Principal receipts.
- 701.1119 Rental property.
- 701.1120 Obligation to pay money.
- 701.1121 Insurance policies and similar contracts.
- 701.1122 Insubstantial allocations not required.
- 701.1123 Deferred compensation, annuities, and similar payments.
- 701.1124 Liquidating asset.
- 701.1125 Minerals, water, and other natural resources.
- 701.1126 Timber.
- 701.1127 Property not productive of income.
- 701.1128 Derivatives and options.
- 701.1129 Asset-backed securities.
- 701.1130 Disbursements from income.
- 701.1131 Disbursements from principal.
- 701.1132 Transfers from income to principal for depreciation.
- 701.1133 Transfers from income to reimburse principal.
- 701.1134 Income taxes.
- 701.1135 Adjustments between principal and income because of taxes.
- 701.1136 Income payments and accumulations.
- 701.1201 Private foundations.
- 701.1202 Electronic records and signatures.
- 701.1203 Uniformity of application and construction.
- 701.1204 Applicability of general transfers at death provisions.
- 701.1205 Applicability.
