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CHAPTER 701
TRUSTS
SUBCHAPTER I
GENERAL PROVISIONS AND DEFINITIONS
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.
SUBCHAPTER II
JUDICIAL PROCEEDINGS
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.
SUBCHAPTER III
REPRESENTATION
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.
SUBCHAPTER IV
CREATION, VALIDITY, MODIFICATION,
AND TERMINATION OF TRUST
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.
SUBCHAPTER V
CREDITOR'S CLAIMS; SPENDTHRIFT
AND DISCRETIONARY 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.
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2021-22 Wisconsin Statutes updated through 2023 Wis. Act 71 and through all Supreme Court and Controlled Substances Board Orders filed before and in effect on February 14, 2024. Published and certified under s. 35.18. Changes effective after February 14, 2024, are designated by NOTES. (Published 2-14-24)