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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) If an instrument transfers an interest for life or years and a future interest to take effect on a stated contingency not defeating or avoiding the prior interest transferred, and the stated contingency occurs before the normal termination of the prior interest transferred, the future interest takes effect at the normal termination of the prior interest.
(2) The effect of a renunciation or release of an interest for life or yearsis as provided in ss. 700.27(8) and 854.13(10).
Cite this article: FindLaw.com - Wisconsin Statutes Property (Ch. 700 to 710) § 700.13. Remainders presumed not to shorten prior interest; acceleration of remainders - last updated January 01, 2025 | https://codes.findlaw.com/wi/property-ch-700-to-710/wi-st-700-13/
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