{"data":{"id":"us-wi/wis.-stat.-702.406","jurisdiction":"us-wi","citation":"Wis. Stat. § 702.406","heading":"Power to contract: power of appointment not presently exercisable.","body":"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:\n(1) The powerholder is also the donor of the power.\n(2) The powerholder reserved the power in a revocable trust.","path":["Chapter 702 Uniform Powers Of Appointment Act","SUBCHAPTER IV DISCLAIMER OR RELEASE; CONTRACTTO APPOINT OR NOT TO APPOINT"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/702.406","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":"7e4946463c3371fab24babf7df365650c9b03fba953e402816d0bb0eed9ed3b2","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-702.405","next":"us-wi/wis.-stat.-702.407"},"notice":"GroundRules: Original legal text. Not legal advice."}