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Wis. Stat. § 701.0812

Collecting trust property; duties of successor trustees

Known as the Wisconsin Trust Code

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

2013 a. 92.

(1) A trustee shall take reasonable steps to compel a former trustee or other person to deliver trust property to the trustee, and to redress a breach of trust known to the trustee to have been committed by a trustee or former trustee, or a trust protector or former trust protector.

(2) A successor trustee does not have a duty to examine the accounts of a former trustee.

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