Wisconsin § 702.315 Presumption of nonexercise of a power of appointment.

Wisconsin Statutes

§ 702.315 — Presumption of nonexercise of a power of appointment.

Wisconsin § 702.315

Ch. 702Uniform powers of appointment act

Subch.subch. III of ch. 702 SUBCHAPTER III

EXERCISE OF POWER OF APPOINTMENT

This text of Wisconsin § 702.315 (Presumption of nonexercise of a 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. § 702.315 (2026).

Text

315
315(1) (1) A personal representative, trustee, or other fiduciary who holds property subject to a power of appointment may administer that property as if the power of appointment was not exercised if the personal representative, trustee, or other fiduciary has no notice of the existence of any of the following within 6 months after the death of the powerholder:
315(1)(a) (a) A document purporting to be a will of the powerholder if the power of appointment is exercised by the will.
315(1)(b) (b) Other documentation of the powerholder purporting to exercise the power of appointment if the power of appointment is exercisable other than by a will.
315(2) (2) A personal representative, trustee, or other fiduciary who acts in good faith is not liable to any person for adm

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702.315
702.315(1) (1) A personal representative, trustee, or other fiduciary who holds property subject to a power of appointment may administer that property as if the power of appointment was not exercised if the personal representative, trustee, or other fiduciary has no notice of the existence of any of the following within 6 months after the death of the powerholder:
702.315(1)(a) (a) A document purporting to be a will of the powerholder if the power of appointment is exercised by the will.
702.315(1)(b) (b) Other documentation of the powerholder purporting to exercise the power of appointment if the power of appointment is exercisable other than by a will.
702.315(2) (2) A personal representative, trustee, or other fiduciary who acts in good faith is not liable to any person for administering property as if a power of appointment was not exercised as provided in sub. (1) .