2023 Statutes Index

Beneficiary with disability, 701.1313

Change in compensation, 701.1316

Charitable interest protection, 701.1314

Court involvement, 701.1309

Definitions, 701.1302

Distribution not required, 701.1321

Fiduciary duty, 701.1304

Formalities, 701.1310

Later-discovered property, 701.1326

Liability and indemnification, relief, 701.1317

Limitations, 701.1315

Tax related, 701.1319

Obligations, 701.1327

Power:

Expanded distributive discretion, 701.1311

Limited distributive discretion, 701.1312

Notice and exercise, 701.1307

Reasonable reliance, 701.1306

Removal or replacement of fiduciary, 701.1318

Saving provision, 701.1322

Scope, 701.1303

Second trust:

Duration, 701.1320

Terms, 701.1324

Settlor, 701.1325

Short title, 701.1301

Trust property, titling, 701.0710

Trust protectors, powers, 701.0818

Writing required, trust transfers, 243.01

trusts_2. investments 2. Investments

Generally, Chs. 219, 881

Applicability of chapter 881, 881.04, 881.06

Authorizing instruments control:

Construction, 881.02

Employment of agents and employees, 881.016

Investments authorized, 219.01

Housing authority bonds, 219.06

Insured savings and loan accounts, 219.05

Investment companies, trusts and vehicles, investment in, 881.015

Loans, rules applicable, 219.03

Power district securities, 198.18 (5)

Savings and loan accounts, 215.14 (6)

Securities used as collateral, 219.02

State bonds and notes, 219.04

Jurisdiction of court, 881.03

Private foundations, prohibited acts regarding investments, 181.0320

Prudent investor act, prudent person rule, 881.01

Applicability, 701.0901

Nonapplication to life insurance, 701.0903

Savings and loan accounts, 215.14 (6)

trusts_3. trustees 3. Trustees

Action on bond of, 878.07

Banks as trustees, see Financial Institutions—1. Banks and Banking; Financial Institutions—12. Trust Companies

Bond, 701.0702

Additional, reduction, 878.05

Premium allowed as expense, 112.08

Breach of trust:

Beneficiary's consent, release or ratification, 701.1009

Damages, 701.1002

In absence of breach, 701.1003

Events affection administration, lack of knowledge, 701.1007

Exculpation of trustee by trust terms, 701.1008

Limitation of actions against trustees, 701.1005

Reliance on trust instruments, 701.1006

Certification of trust, 701.1013

Compensation of trustee, 701.0708

Compromises between claimants, 879.59

Condemnation, power to convey, 32.15

Corporate fiduciaries, regulation, 223.105

Corporation or limited liability company, power to form, 857.27

Cotrustees, 701.0703

Digital property, disclosure to, 711.07

Duties:

Costs to be reasonable, 701.0805

Delegation of, 701.0807

Directed trust property, 701.0902

Enforcement and defense of claims, 701.0811

Exercise of skills, 701.0806

Good faith, 701.0801

Impartiality, 701.0803

Loyalty, 701.0802

Protection and control of property, 701.0809

Prudence, 701.0804

Record keeping, 701.0810

Reporting to beneficiaries, 701.0813

Successor trustee, collection of property, 701.0812

Estate tax, personal liability, 72.21

Expenses:

Reasonableness required, 701.0805