Wisconsin § 702.302 - Intent to exercise: determining intent from residuary clause.
Full text of Wisconsin Wisconsin Statutes § 702.302 — Intent to exercise: determining intent from residuary clause., with citation guidance and answers to common questions.
§ 702.302. Intent to exercise: determining intent from residuary clause.
702.302(1) (1) In this section: 702.302(1)(a) (a) “Residuary clause” does not include a residuary clause containing a blanket-exercise clause or a specific-exercise clause. 702.302(1)(b) (b) “Will” includes a codicil and a testamentary instrument that revises another will. 702.302(2) (2) A residuary clause in a powerholder’s will, or a comparable clause in the powerholder’s revocable trust, manifests the powerholder’s intent to exercise a power of appointment only if all of the following apply: 702.302(2)(a) (a) The terms of the instrument containing the residuary clause do not manifest a contrary intent. 702.302(2)(b) (b) The power of appointment is a general power of appointment exercisable in favor of the powerholder’s estate. 702.302(2)(c) (c) There is no gift-in-default clause in the instrument creating the power of appointment or the gift-in-default clause in the instrument creating the power of appointment is ineffective. 702.302(2)(d) (d) The powerholder did not release the power of appointment. 702.302 History History: 2023 a. 127 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 702.302
What does Wisconsin Statutes § 702.302 cover?
Section 702.302 ("Intent to exercise: determining intent from residuary clause.") is part of the Wisconsin Statutes, the codified statutory law of Wisconsin. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wisconsin § 702.302?
A common citation format is "Wisconsin Statutes § 702.302" (Wisconsin). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wisconsin law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wisconsin official source linked on this page or consult a licensed Wisconsin attorney.
How does Wisconsin § 702.302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wisconsin can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wisconsin.