Wisconsin § 701.0306 - Designated representative.
Full text of Wisconsin Wisconsin Statutes § 701.0306 — Designated representative., with citation guidance and answers to common questions.
§ 701.0306. Designated representative.
701.0306(1) (1) If specifically nominated in the trust instrument, one or more persons may be designated to represent and bind a beneficiary and receive any notice, information, accounting, or report. The trust instrument may also authorize any one or more persons to designate one or more persons to represent and bind a beneficiary and receive any notice, information, accounting, or report. 701.0306(2) (2) Except as otherwise provided in this chapter, a person designated in sub. (1) may not represent and bind a beneficiary while that person is serving as trustee. 701.0306(3) (3) Except as otherwise provided in this chapter, a person designated in sub. (1) may not represent and bind another beneficiary if the person designated also is a beneficiary, unless one of the following applies: 701.0306(3)(a) (a) That person was named by the settlor. 701.0306(3)(b) (b) That person is one of the following: 701.0306(3)(b)1. 1. The beneficiary’s spouse. 701.0306(3)(b)2. 2. A grandparent or descendant of a grandparent of the beneficiary. 701.0306(3)(b)3. 3. A grandparent or descendant of a grandparent of the beneficiary’s spouse. 701.0306 History History: 2023 a. 127 .
Frequently Asked Questions About Wisconsin § 701.0306
What does Wisconsin Statutes § 701.0306 cover?
Section 701.0306 ("Designated representative.") 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 § 701.0306?
A common citation format is "Wisconsin Statutes § 701.0306" (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 § 701.0306 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.