Wis. Stat. § 702.406: Power to contract: power of appointment not presently exercisable.
Where this section sits in the code
- Chapter 702 Uniform Powers Of Appointment Act
- SUBCHAPTER IV DISCLAIMER OR RELEASE; CONTRACTTO APPOINT OR NOT TO APPOINT
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.
Collected 2026-09-05T12:01:34Z. Source file · JSON