Wis. Stat. § 701.0804

Current through Acts 2023-2024, ch. 272
Section 701.0804 - Prudent administration

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.

Wis. Stat. § 701.0804

Added by Acts 2013SP1 ch, 92,s 137, eff. 12/15/2013.