Wisconsin § 702.310 Disposition of unappointed property under released or unexercised general power.

Wisconsin Statutes

§ 702.310 — Disposition of unappointed property under released or unexercised general power.

Wisconsin § 702.310

Ch. 702Uniform powers of appointment act

Subch.subch. III of ch. 702 SUBCHAPTER III

EXERCISE OF POWER OF APPOINTMENT

This text of Wisconsin § 702.310 (Disposition of unappointed property under released or unexercised general 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. § 702.310 (2026).

Text

702.310 To the extent a powerholder releases or fails to exercise a general power of appointment other than a power to withdraw property from, revoke, or amend a trust, all of the following apply: 702.310(1) (1) The gift-in-default clause controls the disposition of the unappointed property. 702.310(2) (2) 702.310(2)(a) (a) If there is no gift-in-default clause or to the extent the gift-in-default clause is ineffective, except as otherwise provided in par.

(b), the unappointed property passes to any of the following: 702.310(2)(a)1. 1. If the powerholder is a permissible appointee and living, the powerholder. 702.310(2)(a)2. 2. If the powerholder is an impermissible appointee or deceased, the powerholder’s estate if the estate is a permissible appointee. 702.310(2)(b) (b) To the extent t

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702.310 To the extent a powerholder releases or fails to exercise a general power of appointment other than a power to withdraw property from, revoke, or amend a trust, all of the following apply:
702.310(1) (1) The gift-in-default clause controls the disposition of the unappointed property.
702.310(2) (2)
702.310(2)(a) (a) If there is no gift-in-default clause or to the extent the gift-in-default clause is ineffective, except as otherwise provided in par. (b) , the unappointed property passes to any of the following:
702.310(2)(a)1. 1. If the powerholder is a permissible appointee and living, the powerholder.
702.310(2)(a)2. 2. If the powerholder is an impermissible appointee or deceased, the powerholder’s estate if the estate is a permissible appointee.
702.310(2)(b) (b) To the extent the powerholder released the power, or if there is no taker under par. (a) , the unappointed property passes under a reversionary interest to the donor or the donor’s transferee or successor in interest.