Section 701.0306 - Designated representative(1) If specifically nominated in the trust instrument, one or more persons may be designated to represent and bind a beneficiary and receive any notice, information, accounting, or report. The trust instrument may also authorize any one or more persons to designate one or more persons to represent and bind a beneficiary and receive any notice, information, accounting, or report.(2) Except as otherwise provided in this chapter, a person designated in sub. (1) may not represent and bind a beneficiary while that person is serving as trustee.(3) Except as otherwise provided in this chapter, a person designated in sub. (1) may not represent and bind another beneficiary if the person designated also is a beneficiary, unless one of the following applies: (a) That person was named by the settlor.(b) That person is one of the following: 1. The beneficiary's spouse.2. A grandparent or descendant of a grandparent of the beneficiary.3. A grandparent or descendant of a grandparent of the beneficiary's spouse.Added by Acts 2023 ch, 127,s 64, eff. 3/23/2024.