Wisconsin Statutes Property (Ch. 700 to 710) § 701.1314. Protection of charitable interest

(a) “Determinable charitable interest” means an interest that is all of the following:

(b) “Unconditional” means not subject to the occurrence of a specified event that is not certain to occur, other than a requirement in a trust instrument that a charitable organization be in existence or qualify under a particular provision of the Internal Revenue Code, on the date of the distribution, if the charitable organization meets the requirement on the date of determination.

(a) Diminish the charitable interest.

(b) Diminish the interest of an identified charitable organization that holds the charitable interest.

(c) Alter any charitable purpose stated in the first-trust instrument.

(d) Alter any condition or restriction related to the charitable interest.

(a) Any effect on a charitable interest in property that is permitted to be retained in the first trust under 42 USC 1396p (d)(4)(C)(iv).

(b) Any effect the trust retention and Medicaid reimbursement provisions of the 2nd trust may have on a charitable interest in the first trust.

(c) Any change in the identified charitable organization.

(d) Any change in the governing law or principal place of administration of the trust.

(a) The attorney general, after receiving notice under s. 701.1307, fails to object in a signed record delivered to the authorized fiduciary within the notice period.

(b) The attorney general consents in a signed record to the 2nd trust or trusts being administered under the law of another jurisdiction.

(c) The court approves the exercise of the decanting power.

(d) The identified charitable organization consents in a signed record delivered to the authorized fiduciary.