{"data":{"id":"us-wi/wis.-stat.-54.976","jurisdiction":"us-wi","citation":"Wis. Stat. § 54.976","heading":"Expenses, compensation and bond of custodial trustee.","body":"Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary or by court order, all of the following apply to a custodial trustee:\n(1) A custodial trustee is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services.\n(2) A custodial trustee has a noncumulative election, to be made no later than 6 months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year.\n(3) A custodial trustee need not furnish a bond or other security for the faithful performance of fiduciary duties.","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/54.976","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":"9fa85c875c0d886e83adbf2b19dd9b2282a8d8f1e886eb12b043ae15f39d989b","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-54.974","next":"us-wi/wis.-stat.-54.978"},"notice":"GroundRules: Original legal text. Not legal advice."}