Code · Wisconsin · Chapter 244 — Uniform power of attorney for finances and property

244.51 Estates, trusts, and other beneficial interests.

104 words·~1 min read·/wi/chapter-244/244-51

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)In this section, “estates, trusts, and other beneficial interests” means a trust, probate estate, guardianship, conservatorship, escrow, or custodianship or a fund from which the principal is, may become, or claims to be, entitled to a share or payment.

(2)Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to estates, trusts, and other beneficial interests authorizes the agent to do all of the following:

(a)Accept, receive, receipt for, sell, assign, pledge, or exchange a share in or payment from an estate, trust, or beneficial interest.