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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The decanting power may be exercised over an animal trust that has an animal protector to the extent the trust could be decanted under this subchapter if each animal that benefits from the trust were an individual, if the animal protector consents in a signed record to the exercise of the power.
(2) An animal protector has the rights under this subchapter of a qualified beneficiary.
(3) Notwithstanding any other provision of this subchapter, if a first trust is an animal trust, in an exercise of the decanting power, the 2nd trust must provide that trust property may be applied only to its intended purpose for the period the first trust benefitted the animal.
Cite this article: FindLaw.com - Wisconsin Statutes Property (Ch. 700 to 710) § 701.1323. Trust for care of animal - last updated January 01, 2025 | https://codes.findlaw.com/wi/property-ch-700-to-710/wi-st-701-1323/
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