§ 702.301 Requisites for exercise of power of appointment
§ 702.302 Intent to exercise: determining intent from residuary clause
§ 702.303 Intent to exercise: after-acquired power
§ 702.304 Substantial compliance with donor-imposed formal requirement
§ 702.305 Permissible appointment
§ 702.306 Appointment to a deceased appointee
§ 702.307 Impermissible appointment
§ 702.308 Selective allocation doctrine
§ 702.309 Capture doctrine: disposition of ineffectively appointed property under general power
§ 702.310 Disposition of unappointed property under released or unexercised general power
§ 702.311 Disposition of unappointed property under released or unexercised nongeneral power of appointment
§ 702.312 Disposition of unappointed property if partial appointment to taker in default
§ 702.313 Appointment to taker in default
§ 702.314 Powerholder’s authority to revoke or amend exercise
§ 702.315 Presumption of nonexercise of a power of appointment
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Terms Used In Wisconsin Statutes > Chapter 702 > Subchapter III - Exercise of Power of Appointment

  • 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.
  • Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
  • Donor: The person who makes a gift.
  • Fiduciary: A trustee, executor, or administrator.
  • 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
  • Person: includes all partnerships, associations and bodies politic or corporate. See Wisconsin Statutes 990.01
  • Personal representative: means a person, however denominated, who is authorized to administer a decedent's estate. See Wisconsin Statutes 990.01
  • Property: includes real and personal property. See Wisconsin Statutes 990.01
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • Trustee: A person or institution holding and administering property in trust.