{"data":{"id":"us-wi/wis.-stat.-701.1318","jurisdiction":"us-wi","citation":"Wis. Stat. § 701.1318","heading":"Removal or replacement of authorized fiduciary.","body":"(1) An authorized fiduciary may not exercise the decanting power to modify a provision in a first-trust instrument granting another person power to remove or replace the fiduciary unless any of the following applies:\n(a) The person holding the power consents to the modification in a signed record and the modification applies only to the person.\n(b) The person holding the power and the qualified beneficiaries of the 2nd trust consent to the modification in a signed record and the modification grants a substantially similar power to another person.\n(c) The court approves the modification and the modification grants a substantially similar power to another person.\n(2) This section does not apply to a decanting from a first trust that is a pooled trust described in 42 USC 1396p (d) (4) (C), or to a decanting to a 2nd trust that is a pooled trust described in 42 USC 1396p (d) (4) (C).","path":["Chs. 700-711, Property","Chapter 701 Trusts","SUBCHAPTER XIII UNIFORM TRUST DECANTING ACT"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/701.1318","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":"b07bed4561d4071e5e33abf0565bfdf39ffa91919f5fe0db32497bdb6a5e7f07","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-701.1317","next":"us-wi/wis.-stat.-701.1319"},"notice":"GroundRules: Original legal text. Not legal advice."}