Wisconsin Statutes
Wis. Stat. § 701.0804 (2026)
Prudent administration
✓ current as of July 2026
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701.0804701.0804 Prudent administration. A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2025–2025 · leading case: Jenny Lou Johnson v. Michael Mewis (Wis. Ct. App. 2025).
Jenny Lou Johnson v. Michael Mewis (Wis. Ct. App. 2025). “§ 701.0804 (“A trustee shall administer the trust as a prudent person would” and “shall exercise reasonable care, skill, and caution.”
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