Subject to ss. 702.204 and 702.205, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, a power of appointment is all of the following:

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Terms Used In Wisconsin Statutes 702.203

  • 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)   A presently exercisable power of appointment.
   (2)   An exclusionary power of appointment.
   (3)   A general power of appointment.