If the happening of an event, including marriage, divorce, performance of educational requirements, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee’s lack of knowledge.
Wis. Stat. § 701.1007
Event affecting administration or distribution
Known as the Wisconsin Trust Code
The act spans §§ 701.0101 to 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.