857.015

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857.015 Management and control of certain business property by holding spouse. A spouse who holds property described under § 766.70 (3)(a), (b) or (d) which is not also held by the other spouse may direct in a will or other signed writing that the marital property interest of the nonholding spouse in such property be satisfied as provided under § 861.015. The holding spouse shall identify in a will or other signed writing the property described under § 766.70 (3)(a), (b) or (d) to which the directive applies. The signature of the holding spouse on a directive other than a will shall be acknowledged, attested or witnessed under § 706.07. The estate of the holding spouse may not execute a directive under this section. If at the death of a spouse the surviving spouse is the holding spouse, the surviving spouse may execute a directive under this section if executed within 90 days after the decedent spouse’s death.