Wisconsin § 701.0415 Reformation to correct mistakes.

Wisconsin Statutes

§ 701.0415 — Reformation to correct mistakes.

Wisconsin § 701.0415

Ch. 701Trusts

Subch.subch. IV of ch. 701 SUBCHAPTER IV

CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST

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Bluebook

Wis. Stat. § 701.0415 (2026).

Text

701.0415  The court may reform the terms of a trust, even if unambiguous, to conform the terms to the settlor’s intention if it is proved by clear and convincing evidence what the settlor’s intention was and that the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement. A party petitioning the court for action under this section shall give notice of the proceeding to the settlor, if living, the trustee, each trust protector, each directing party, and the qualified beneficiaries.

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701.0415 The court may reform the terms of a trust, even if unambiguous, to conform the terms to the settlor’s intention if it is proved by clear and convincing evidence what the settlor’s intention was and that the terms of the trust were affected by a mistake of fact or law, whether in expression or inducement. A party petitioning the court for action under this section shall give notice of the proceeding to the settlor, if living, the trustee, each trust protector, each directing party, and the qualified beneficiaries.