Event affecting administration or distribution

Wis. Stat. § 701.1007
in effect
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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.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/701.1007Fetched: 10/7/2026