Wisconsin Statutes

Wis. Stat. § 701.0801 (2026)

Duty to administer trust

✓ current as of July 2026

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701.0801701.0801 Duty to administer trust. Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.

701.0801 HistoryHistory: 2013 a. 92.

Notes of Decisions

Cited in 3 cases (2 in the last 5 years), 2017–2025 · leading case: Cohen v. Minneapolis Jewish Fed'n, 286 F. Supp. 3d 949 (W.D. Wis. 2017).

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Cohen v. Minneapolis Jewish Fed'n, 286 F. Supp. 3d 949 (W.D. Wis. 2017). · cites it 2× “See also Wis. Stat. Ann. § 701.0801 ("Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter.”

Jenny Lou Johnson v. Michael Mewis (Wis. Ct. App. 2025). · cites it 4× “§ 701.0801. ¶20 On the other hand, the deadline provision states that it is “the intent of” the Agreement that all distributions of Trust assets be accomplished within 30 days, which could be reasonably interpreted as the parties merely expressing an intended goal—an outcome…”

Soc'y for the Pres. & Encouragement of Barber Shop Quartet Singing in Am., Inc. v. Plaag, Gary (W.D. Wis. 2021). · cites it 2× “See Wis. Stat. §§ 701.0801 , 701.0802. Fortunately, the court need not reach these issues, because the undisputed evidence shows that the Society failed to follow the proper election procedures to vote in new Foundation board members even assuming its power to do so.”

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