Trusts


2013 Wisconsin Act 92 takes effect in two parts. The estate recovery and divestment change(s) in 2013 Wisconsin Act 92 took effect on December 15, 2013; the balance of 2013 Wisconsin Act 92 took effect on July 1, 2014.  You can find the 2013 Wisconsin Act 92 by using the following search link;

 http://docs.legis.wisconsin.gov/2013/related/acts/92.pdf

 According to the 2013 Wisconsin Act 92, under Section 701.0201(2), Wis. Stats., unless ordered by the court upon a petition of a settlor, trustee, or qualified beneficiary requesting continuing judicial supervision, a trust is not subject to continuing judicial supervision.  Beginning at the end of calendar year 2014, our office will no longer mail a trustee's annual account form to file with the probate court, although you may still be required to maintain accountings.