Wisconsin Statutes 702.308 – Selective allocation doctrine
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Terms Used In Wisconsin Statutes 702.308
- Property: includes real and personal property. See Wisconsin Statutes 990.01
If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned property and the appointive property must be allocated in the permissible manner that best carries out the powerholder’s intent.