Annual Trust Accounting - Wisconsin
ANNUAL TRUST ACCOUNTING
Trust: [TRUST NAME], dated [__/__/____]
Trustee: [NAME AND MAILING ADDRESS]
Reporting period: [__/__/____] through [__/__/____]
Report prepared: [__/__/____]
This is the trustee's report of trust property, liabilities, receipts, disbursements, compensation, and assets under Wis. Stat. § 701.0813(3). Current beneficiaries receive the annual report; presumptive remainder beneficiaries receive it on request, subject to the section's limits. A report for a beneficiary of a specific amount or specific property may be limited to information relating to that interest under § 701.0813(3)(c).
Applicability record: Trustee accepted office on [__/__/____]; trust was created on [__/__/____] and became irrevocable on [__/__/____]. Section 701.0813(5) excludes the specified reporting duty for certain pre-July 1, 2014 trusteeships and trusts. Review outcome: [APPLIES / DOES NOT APPLY; BASIS]. This report may also be supplied voluntarily.
1. Opening and closing summary
| Item | Opening balance | Closing balance |
|---|---|---|
| Cash and cash equivalents | $[________] | $[________] |
| Other assets at carrying value | $[________] | $[________] |
| Total trust property | $[________] | $[________] |
| Liabilities | $[________] | $[________] |
| Net property | $[________] | $[________] |
Reconciliation of carrying value: Opening trust property $[________] + receipts $[________] − disbursements and distributions $[________] ± adjustments or transfers $[________] = closing trust property $[________]. Explain adjustments or noncash transfers: [DETAILS].
2. Trust assets
| Asset and identifying description | Opening carrying value | Closing carrying value | Closing market value, if feasible | Valuation date and source |
|---|---|---|---|---|
| [ASSET] | $[________] | $[________] | $[________ / NOT FEASIBLE] | [________] |
| [ASSET] | $[________] | $[________] | $[________ / NOT FEASIBLE] | [________] |
| Total | $[________] | $[________] | $[________] |
Assets acquired, sold, transferred, or revalued during the period: [DETAILS AND SUPPORTING SCHEDULE, IF NEEDED].
3. Liabilities
| Creditor or obligation | Opening amount | Amount incurred | Amount paid | Closing amount |
|---|---|---|---|---|
| [OBLIGATION] | $[________] | $[________] | $[________] | $[________] |
| [OBLIGATION] | $[________] | $[________] | $[________] | $[________] |
| Total | $[________] | $[________] | $[________] | $[________] |
4. Receipts
| Date | Source and description | Income or principal | Amount |
|---|---|---|---|
| [__/__/____] | [SOURCE / PURPOSE] | [INCOME / PRINCIPAL] | $[________] |
| [__/__/____] | [SOURCE / PURPOSE] | [INCOME / PRINCIPAL] | $[________] |
| Total receipts | $[________] |
5. Disbursements and distributions
| Date | Payee or beneficiary | Purpose or authority | Income or principal | Amount |
|---|---|---|---|---|
| [__/__/____] | [PAYEE] | [PURPOSE] | [INCOME / PRINCIPAL] | $[________] |
| [__/__/____] | [BENEFICIARY] | [DISTRIBUTION / TRUST PROVISION] | [INCOME / PRINCIPAL] | $[________] |
| Total disbursements and distributions | $[________] |
6. Trustee compensation
| Trustee | Source or method of compensation | Period | Amount paid or accrued |
|---|---|---|---|
| [NAME] | [TRUST TERM / AGREEMENT / OTHER BASIS] | [DATES] | $[________] |
| [NAME] | [TRUST TERM / AGREEMENT / OTHER BASIS] | [DATES] | $[________] |
| Total trustee compensation | $[________] |
If compensation is also entered in Section 5, identify those rows here to avoid counting it twice: [DETAILS]. Other professional fees appear in Section 5 under their payees.
7. Supporting records and questions
Attached schedules or records: [LIST]
Explanation of unusual transactions, valuations, or omitted market values: [DETAILS]
Questions about this report may be sent to: [TRUSTEE NAME, MAILING ADDRESS, TELEPHONE, EMAIL]
I have reviewed this accounting and believe it accurately records the trust activity shown for the stated period.
Trustee signature: ______________________________________
Printed name: [TRUSTEE NAME] Date: [__/__/____]
Delivery record
| Recipient | Status | Address or delivery method | Date sent |
|---|---|---|---|
| [NAME] | [CURRENT BENEFICIARY / REQUESTING PRESUMPTIVE REMAINDER BENEFICIARY] | [DETAILS] | [__/__/____] |
| [NAME] | [CURRENT BENEFICIARY / REQUESTING PRESUMPTIVE REMAINDER BENEFICIARY] | [DETAILS] | [__/__/____] |
About this template
- Last updated
- October 18, 2026
- Citations checked
- October 18, 2026
- Jurisdiction
- Wisconsin
- Category
- Estate Planning & Wills
Legal authority
- Wis. Stat. § 701.0813(3) (Trustee report contents and recipients)
- Wis. Stat. § 701.0813(5) (Pre-2014 applicability)
Estate planning documents decide what happens to your property, your children, and your medical care when you cannot make those decisions yourself. Wills, trusts, powers of attorney, and health care directives each serve different purposes and each have to meet state law requirements for signing, witnessing, and notarization. A document that looks fine on the page but was not executed correctly can be rejected in probate, which is exactly when it is too late to fix.
Not legal advice
This template is provided for informational purposes. We recommend having an attorney review any legal document before signing, especially for high-value or complex matters.
Checked against the law it cites
A reviewer verified this template's legal citations against the official source on October 18, 2026.
Wis. Stat. § 701.0813(3)(a) (checked October 18, 2026): "Subject to par. (c), at least annually and upon the termination of a trust, a trustee shall send to the current beneficiaries and to presumptive remainder beneficiaries who request it, all of the following:"
Wis. Stat. § 701.0813(3)(a)1. (checked October 18, 2026): "A report of the trust property, liabilities, receipts, and disbursements, including the source and amount of the trustee’s compensation."
Wis. Stat. § 701.0813(3)(a)2. (checked October 18, 2026): "A listing of the trust assets and, if feasible, their respective market values."
Wis. Stat. § 701.0813(3)(c) (checked October 18, 2026): "A trustee may limit the report to a qualified beneficiary of a specific dollar amount or specific property to information that relates to the specific dollar amount or specific property."
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