A powerholder may revoke or amend a release of a power of appointment only to the extent that any of the following applies:

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Terms Used In Wisconsin Statutes 702.404

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Following: when used by way of reference to any statute section, means the section next following that in which the reference is made. See Wisconsin Statutes 990.01
   (1)   The instrument of release is revocable by the powerholder.
   (2)   The powerholder reserves a power of revocation or amendment in the instrument of release.