Wisconsin Statutes 853.31 – Presumption that will passes all of testator’s interest in property
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Terms Used In Wisconsin Statutes 853.31
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Property: includes real and personal property. See Wisconsin Statutes 990.01
- Testator: A male person who leaves a will at death.
Any gift of property by will is presumed to pass all the estate or interest which the testator could lawfully will in the property unless it clearly appears by the will, interpreted in light of the surrounding circumstances, that the testator intended to pass a less estate or interest.