General powers of custodial trustee

Wis. Stat. § 54.964
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(1) A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property which an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights and powers in a fiduciary capacity only. (2) This section does not relieve a custodial trustee from liability for a violation of s. 54.962.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/54.964Fetched: 10/7/2026