Wisconsin § 701.0416 - Modification or termination to achieve settlor’s tax objectives.
Full text of Wisconsin Wisconsin Statutes § 701.0416 — Modification or termination to achieve settlor’s tax objectives., with citation guidance and answers to common questions.
§ 701.0416. Modification or termination to achieve settlor’s tax objectives.
To achieve the settlor’s tax objectives, the court may modify the terms of a trust or terminate a trust in a manner that is not contrary to the settlor’s probable intent. The court may provide that the modification or termination has retroactive effect. A party petitioning the court for action under this section shall give notice of the proceeding to the settlor, if living, the trustee, each trust protector, each directing party, and the qualified beneficiaries. 701.0416 History History: 2013 a. 92 ; 2023 a. 127 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 701.0416
What does Wisconsin Statutes § 701.0416 cover?
Section 701.0416 ("Modification or termination to achieve settlor’s tax objectives.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 701.0416?
A common citation format is "Wisconsin Statutes § 701.0416" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 701.0416 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.