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Code · Wisconsin · Chapter 702 — Uniform powers of appointment act

702.203 Presumption of unlimited authority.

56 words·~1 min read·/wi/chapter-702/702-203

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702.203 Presumption of unlimited authority. Subject to ss. 702.204 and 702.205 , and unless the terms of the instrument creating a power of appointment manifest a contrary intent, a power of appointment is all of the following:
(1)A presently exercisable power of appointment.
(2)An exclusionary power of appointment.
(3)A general power of appointment.
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