Wisconsin § 701.0501 Rights of beneficiary’s creditor or assignee.

Wisconsin Statutes

§ 701.0501 — Rights of beneficiary’s creditor or assignee.

Wisconsin § 701.0501

Ch. 701Trusts

Subch.subch. V of ch. 701 SUBCHAPTER V

CREDITOR’S CLAIMS; SPENDTHRIFT AND DISCRETIONARY TRUSTS

This text of Wisconsin § 701.0501 (Rights of beneficiary’s creditor or assignee.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 701.0501 (2026).

Text

0501
0501(1) (1)
0501(1)(a) (a) To the extent a beneficiary’s interest is not protected by a spendthrift provision, the court may authorize a judgment creditor or an assignee of the beneficiary to reach the beneficiary’s interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.
0501(1)(b) (b) This subsection does not apply to a trust for an individual with a disability.
0501(2) (2) A trustee is not liable to any creditor of a beneficiary for any distributions made to or for the benefit of the beneficiary if any of the following applies:
0501(2)(a) (a) The beneficiary’s interest is protected by a spendthrift provision.
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701.0501
701.0501(1) (1)
701.0501(1)(a) (a) To the extent a beneficiary’s interest is not protected by a spendthrift provision, the court may authorize a judgment creditor or an assignee of the beneficiary to reach the beneficiary’s interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.
701.0501(1)(b) (b) This subsection does not apply to a trust for an individual with a disability.
701.0501(2) (2) A trustee is not liable to any creditor of a beneficiary for any distributions made to or for the benefit of the beneficiary if any of the following applies:
701.0501(2)(a) (a) The beneficiary’s interest is protected by a spendthrift provision.
701.0501(2)(b) (b) The trust is a trust for an individual with a disability.