{"data":{"id":"us-wi/wis.-stat.-702.302","jurisdiction":"us-wi","citation":"Wis. Stat. § 702.302","heading":"Intent to exercise: determining intent from residuary clause.","body":"(1) In this section:\n(a) “Residuary clause” does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause.\n(b) “Will” includes a codicil and a testamentary instrument that revises another will.\n(2) A residuary clause in a powerholder’s will, or a comparable clause in the powerholder’s revocable trust, manifests the powerholder’s intent to exercise a power of appointment only if all of the following apply:\n(a) The terms of the instrument containing the residuary clause do not manifest a contrary intent.\n(b) The power of appointment is a general power of appointment exercisable in favor of the powerholder’s estate.\n(c) There is no gift-in-default clause in the instrument creating the power of appointment or the gift-in-default clause in the instrument creating the power of appointment is ineffective.\n(d) The powerholder did not release the power of appointment.","path":["Chapter 702 Uniform Powers Of Appointment Act","SUBCHAPTER III EXERCISE OF POWER OF APPOINTMENT"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/702.302","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:34Z","sha256":"bd81b48fa4b3715c5c07b9dcb1eb2dbe74fd8662049ccb97cbe236d467b7c202","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-702.301","next":"us-wi/wis.-stat.-702.303"},"notice":"GroundRules: Original legal text. Not legal advice."}
