Wisconsin § 702.311 Disposition of unappointed property under released or unexercised nongeneral power of appointment.

Wisconsin Statutes

§ 702.311 — Disposition of unappointed property under released or unexercised nongeneral power of appointment.

Wisconsin § 702.311

Ch. 702Uniform powers of appointment act

Subch.subch. III of ch. 702 SUBCHAPTER III

EXERCISE OF POWER OF APPOINTMENT

This text of Wisconsin § 702.311 (Disposition of unappointed property under released or unexercised nongeneral power of appointment.) 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. § 702.311 (2026).

Text

702.311 To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment, all of the following apply: 702.311(1) (1) The gift-in-default clause controls the disposition of the unappointed property. 702.311(2) (2) 702.311(2)(a) (a) If there is no gift-in-default clause or to the extent the gift-in-default clause is ineffective, the unappointed property passes to the permissible appointees if all of the following apply: 702.311(2)(a)1. 1. The permissible appointees are defined and limited. 702.311(2)(a)2. 2. The terms of the instrument creating the power do not manifest a contrary intent. 702.311(2)(b) (b) If there is no taker under par.

(a), the unappointed property passes under a reversionary interest to the donor or the donor’s transf

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702.311 To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment, all of the following apply:
702.311(1) (1) The gift-in-default clause controls the disposition of the unappointed property.
702.311(2) (2)
702.311(2)(a) (a) If there is no gift-in-default clause or to the extent the gift-in-default clause is ineffective, the unappointed property passes to the permissible appointees if all of the following apply:
702.311(2)(a)1. 1. The permissible appointees are defined and limited.
702.311(2)(a)2. 2. The terms of the instrument creating the power do not manifest a contrary intent.
702.311(2)(b) (b) 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.