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Wis. Stat. § 701.0110

Others treated as qualified beneficiaries

Known as the Wisconsin Trust Code

The act spans §§ 701.0101 to 701.1205 (108 sections).

Applied in 1 court decision — leading case Cohen v. Minneapolis Jewish Fed'n (2017)

Most recently applied in Cohen v. Minneapolis Jewish Fed'n (December 2017)

2013 a. 92; 2023 a. 127.

(1) An identified charitable organization has the rights of a qualified beneficiary under this chapter if the identified charitable organization, on the date on which the identified charitable organization’s qualification is being determined, is a current beneficiary or a presumptive remainder beneficiary.

(2) An animal protector or a person appointed to enforce a trust created for a noncharitable purpose without an ascertainable beneficiary as provided in either s. 701.0408 or 701.0409 has the rights of a qualified beneficiary under this chapter.

(3) The attorney general of this state has the rights of a qualified beneficiary under this chapter with respect to a charitable trust having its principal place of administration in this state only when there is no identified charitable organization that would qualify under sub. (1).

Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.