Wisconsin § 701.0707 Delivery of property by former trustee.

Wisconsin Statutes

§ 701.0707 — Delivery of property by former trustee.

Wisconsin § 701.0707

Ch. 701Trusts

Subch.subch. VII of ch. 701 SUBCHAPTER VII

OFFICE OF TRUSTEE

This text of Wisconsin § 701.0707 (Delivery of property by former trustee.) 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. § 701.0707 (2026).

Text

0707
0707(1) (1) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.
0707(2) (2) A trustee who has resigned or been removed shall proceed within a reasonable time to deliver the trust property within the trustee’s possession to the cotrustee, successor trustee, or other person entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes.

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701.0707
701.0707(1) (1) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.
701.0707(2) (2) A trustee who has resigned or been removed shall proceed within a reasonable time to deliver the trust property within the trustee’s possession to the cotrustee, successor trustee, or other person entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes.