Wis. Stat. § 701.1305

Current through Acts 2023-2024, ch. 272

Section 701.1305 - Application; governing law

This subchapter applies to a trust created before, on, or after the effective date of this section .... [LRB inserts date], if any of the following applies:

(1) The trust has its principal place of administration in this state, including a trust whose principal place of administration has been changed to this state.

(2) The trust provides by its trust instrument that it is governed by the law of this state or is governed by the law of this state for the purpose of any of the following:

(a) Administration, including administration of a trust whose governing law for purposes of administration has been changed to the law of this state.

(b) Construction of terms of the trust.

(c) Determining the meaning or effect of terms of the trust.

Wis. Stat. § 701.1305

Added by Acts 2023 ch, 127,s 117, eff. 3/23/2024.