If a trust has 2 or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests and the purposes and terms of the trust.
Wis. Stat. § 701.0803
Impartiality
Known as the Wisconsin Trust Code
The act spans §§ 701.0101–701.1205 (108 sections).
2013 a. 92.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.