Trust termination occurs when a decedent established a testamentary trust through his/her Will and it is determined that the testamentary trust can now be terminated. Due to changes in Wisconsin Law as of July 1, 2014, it will generally be possible to terminate the trust without court permission. This does not change any requirements regarding income or other taxes. You may retain an attorney to answer your questions and complete any requirements.
The Register in Probate and his/her staff are unable to give you legal advice; however, you may contact the Register in Probate office where the original Will of the decedent was filed for more information. That office will be able to tell you if the Trust is under continuing Court supervision. Continued supervision is one situation which could result in the need to file documents with the court. Click here for a directory of Wisconsin Register in Probate offices.
This webpage is provided as a public service and is not intended to be legal advice. If you have any questions about the information on this webpage, please contact an attorney.