{"data":{"id":"us-wi/wis.-stat.-54.864","jurisdiction":"us-wi","citation":"Wis. Stat. § 54.864","heading":"Other transfer by fiduciary.","body":"(1) Subject to sub. (3), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor under s. 54.870 in the absence of a will or under a will or trust that does not contain an authorization to do so.\n(2) Subject to sub. (3), a conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor under s. 54.870.\n(3) A transfer under sub. (1) or (2) may be made only if:\n(a) The personal representative, trustee or conservator considers the transfer to be in the best interest of the minor;\n(b) The transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement or other governing instrument; and\n(c) The transfer is authorized by the court if it exceeds $10,000 in value.","path":["Chs. 46-58, Charitable, Curative, Reformatory and Penal Institutions and Agencies","Chapter 54 Guardianships And Conservatorships","SUBCHAPTER VII UNIFORM GUARDIANSHIP ACTS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/54.864","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:00:28Z","sha256":"efb121a9a17b1898286288a7b0a6db6b74ed3216164b163e4d1e6e9bcfe73ca3","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-54.862","next":"us-wi/wis.-stat.-54.866"},"notice":"GroundRules: Original legal text. Not legal advice."}