Wisconsin Statutes
§ 701.0804 — Prudent administration.
Wisconsin § 701.0804
JurisdictionWisconsin
Ch. 701Trusts
Subch.subch. VIII of ch. 701 SUBCHAPTER VIII
DUTIES AND POWERS OF TRUSTEES, DIRECTING PARTIES, AND TRUST PROTECTORS
This text of Wisconsin § 701.0804 (Prudent administration.) 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. § 701.0804 (2026).
Text
701.0804 A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
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Related
Jenny Lou Johnson v. Michael Mewis
(Court of Appeals of Wisconsin, 2025)
Legislative History
701.0804 History History: 2013 a. 92 .
Nearby Sections
15
§ 701.0101
Short title.§ 701.0102
Scope.§ 701.0103
Definitions.§ 701.0104
Knowledge.§ 701.0105
Default and mandatory rules.§ 701.0107
Governing law.§ 701.0108
Principal place of administration.§ 701.0109
Methods of notice; waiver.§ 701.0111
Nonjudicial settlement agreements.§ 701.0113
Insurable interest of trustee.§ 701.0202
Personal jurisdiction.§ 701.0203
Subject matter jurisdiction.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 701.0804, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/701.0804.