Wisconsin § 702.302 Intent to exercise: determining intent from residuary clause.

Wisconsin Statutes

§ 702.302 — Intent to exercise: determining intent from residuary clause.

Wisconsin § 702.302

Ch. 702Uniform powers of appointment act

Subch.subch. III of ch. 702 SUBCHAPTER III

EXERCISE OF POWER OF APPOINTMENT

This text of Wisconsin § 702.302 (Intent to exercise: determining intent from residuary clause.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 702.302 (2026).

Text

302
302(1) (1) In this section:
302(1)(a) (a) “Residuary clause” does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause.
302(1)(b) (b) “Will” includes a codicil and a testamentary instrument that revises another will.
302(2) (2) A residuary clause in a powerholder’s will, or a comparable clause in the powerholder’s revocable trust, manifests the powerholder’s intent to exercise a power of appointment only if all of the following apply:
302(2)(a) (a) The terms of the instrument containing the residuary clause do not manifest a contrary intent.
302(2)(b) (b) The power of appointment is a general power of appointment exercisable in favor of the powerholder’s estate.
302(2)(c) (c) There is no gift-in-default clause

Free access — add to your briefcase to read the full text and ask questions with AI

702.302
702.302(1) (1) In this section:
702.302(1)(a) (a) “Residuary clause” does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause.
702.302(1)(b) (b) “Will” includes a codicil and a testamentary instrument that revises another will.
702.302(2) (2) A residuary clause in a powerholder’s will, or a comparable clause in the powerholder’s revocable trust, manifests the powerholder’s intent to exercise a power of appointment only if all of the following apply:
702.302(2)(a) (a) The terms of the instrument containing the residuary clause do not manifest a contrary intent.
702.302(2)(b) (b) The power of appointment is a general power of appointment exercisable in favor of the powerholder’s estate.
702.302(2)(c) (c) There is no gift-in-default clause in the instrument creating the power of appointment or the gift-in-default clause in the instrument creating the power of appointment is ineffective.
702.302(2)(d) (d) The powerholder did not release the power of appointment.