Wisconsin § 701.0402 - Requirements for creation.
Full text of Wisconsin Wisconsin Statutes § 701.0402 — Requirements for creation., with citation guidance and answers to common questions.
§ 701.0402. Requirements for creation.
701.0402(1) (1) A trust is created only if all of the following are satisfied: 701.0402(1)(a) (a) The settlor of the trust has capacity, as defined in sub. (4) , to create the trust, unless the trust is created by court order or by an agent, guardian of the estate, conservator, or representative payee with authority to act. 701.0402(1)(b) (b) The settlor indicates an intention to create the trust; or a statute, regulation, common law, other provision having the effect of law, judgment, or decree creates or authorizes the creation of a trust. 701.0402(1)(c) (c) The trust has a definite beneficiary or is one of the following: 701.0402(1)(c)1. 1. A charitable trust. 701.0402(1)(c)2. 2. A trust for the care of an animal, as provided in s.
Frequently Asked Questions About Wisconsin § 701.0402
What does Wisconsin Statutes § 701.0402 cover?
Section 701.0402 ("Requirements for creation.") 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 § 701.0402?
A common citation format is "Wisconsin Statutes § 701.0402" (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 § 701.0402 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.