Wisconsin § 702.303 Intent to exercise: after-acquired power.

Wisconsin Statutes

§ 702.303 — Intent to exercise: after-acquired power.

Wisconsin § 702.303

Ch. 702Uniform powers of appointment act

Subch.subch. III of ch. 702 SUBCHAPTER III

EXERCISE OF POWER OF APPOINTMENT

This text of Wisconsin § 702.303 (Intent to exercise: after-acquired power.) 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. § 702.303 (2026).

Text

702.303 Unless the terms of the instrument exercising a power of appointment manifest a contrary intent, all of the following apply: 702.303(1) (1) Except as otherwise provided in sub.

(2), a blanket-exercise clause extends to a power of appointment acquired by the powerholder after executing the instrument containing the clause. 702.303(2) (2) If the powerholder is also the donor of the power of appointment, a blanket-exercise clause does not extend to the power of appointment unless there is not a gift-in-default clause or the gift-in-default clause is ineffective.

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702.303 Unless the terms of the instrument exercising a power of appointment manifest a contrary intent, all of the following apply:
702.303(1) (1) Except as otherwise provided in sub. (2) , a blanket-exercise clause extends to a power of appointment acquired by the powerholder after executing the instrument containing the clause.
702.303(2) (2) If the powerholder is also the donor of the power of appointment, a blanket-exercise clause does not extend to the power of appointment unless there is not a gift-in-default clause or the gift-in-default clause is ineffective.