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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Any provision in a will which purports to name a different beneficiary of a life insurance or annuity contract than the beneficiary properly designated in accordance with the contract with the issuing company, or its bylaws, is ineffective to change the contract beneficiary unless the contract or the company's bylaws authorizes such a change by will.
(2) This section does not prevent the court from requiring the contract beneficiary to elect under s. 853.15 in order to take property under the will.
Cite this article: FindLaw.com - Wisconsin Statutes Probate (Ch. 851 to 882) § 853.17. Effect of will provision changing beneficiary of life insurance or annuity - last updated January 01, 2025 | https://codes.findlaw.com/wi/probate-ch-851-to-882/wi-st-853-17/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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