{"data":{"id":"us-wi/wis.-stat.-701.0804","jurisdiction":"us-wi","citation":"Wis. Stat. § 701.0804","heading":"Prudent administration.","body":"A trustee shall administer the trust as a prudent person would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the trustee shall exercise reasonable care, skill, and caution.","path":["Chs. 700-711, Property","Chapter 701 Trusts","SUBCHAPTER VIII DUTIES AND POWERS OF TRUSTEES,DIRECTING PARTIES, AND TRUST PROTECTORS"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/701.0804","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:34Z","sha256":"9aec918127870195b70091226b2c96a6b158a644c2ead8f98b26b0d5e1faa75e","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-701.0803","next":"us-wi/wis.-stat.-701.0805"},"notice":"GroundRules: Original legal text. Not legal advice."}