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

702.406 Power to contract: power of appointment not presently exercisable.

59 words·~1 min read·/wi/chapter-702/702-406-17

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

702.406 Power to contract: power of appointment not presently exercisable. 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.
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