705.18 Nonprobate transfer of farming implements at death.
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/wi/chapter-705/705-18-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
705.18 Nonprobate transfer of farming implements at death.
(1)In this section:
(a)“Conscious presence” means within the range of any of an individual’s senses.
(am)“Disinterested witness” means an individual who is not designated as a TOD beneficiary on a document that he or she is acting as a witness to under this section.
1. “Farm implement” means a tractor or machine, including any associated accessories, attachments, fuel, and repair parts, used exclusively and directly in farming.
2. “Farm implement” does not include personal property that is attached to, fastened to, connected to, or built into real property or that becomes an addition to, component of, or capital improvement to real property, and does not include buildings or improvements to real property, regardless of any contribution that the personal property makes to the production process of any machine and regardless of the extent to which that personal property functions as a machine.
3. For purposes of subd. 2. , the following items retain their character as a “farm implement,” regardless of the extent to which they are fastened to, connected to, or built into real property:
a. Auxiliary power generators.
b. Bale loaders.
c. Barn elevators.
d. Conveyors.