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Wisconsin Statutes Property (Ch. 700 to 710) § 702.406. Power to contract: power of appointment not presently exercisable

Current as of January 01, 2022 | Updated by FindLaw Staff

A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if all of the following apply:

(1) The powerholder is also the donor of the power.

(2) The powerholder reserved the power in a revocable trust.

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Cite this article: FindLaw.com - Wisconsin Statutes Property (Ch. 700 to 710) § 702.406. Power to contract: power of appointment not presently exercisable - last updated January 01, 2022 | https://codes.findlaw.com/wi/property-ch-700-to-710/wi-st-702-406/

Read this complete Wisconsin Statutes Property (Ch. 700 to 710) § 702.406. Power to contract: power of appointment not presently exercisable on Westlaw. Westlaw subscription required.

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