Wisconsin Statutes (Last Updated: January 10, 2017) |
Chapter 701. Trusts |
SubChapter IV. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST |
Section 701.0404. Trust purposes.
Latest version.
- A trust may be created only to the extent its purposes are lawful and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries or for a noncharitable, but otherwise valid, purpose as described in s. 701.0409 .