Wisconsin § 702.314 - Powerholder’s authority to revoke or amend exercise.
Full text of Wisconsin Wisconsin Statutes § 702.314 — Powerholder’s authority to revoke or amend exercise., with citation guidance and answers to common questions.
§ 702.314. Powerholder’s authority to revoke or amend exercise.
A powerholder may revoke or amend an exercise of a power of appointment only to the extent that any of the following applies: 702.314(1) (1) The powerholder reserves a power of revocation or amendment in the instrument exercising the power of appointment and, if the power is a nongeneral power of appointment, the terms of the instrument creating the power of appointment do not prohibit the reservation. 702.314(2) (2) The terms of the instrument creating the power of appointment provide that the exercise of the power of appointment is revocable or amendable. 702.314 History History: 2023 a. 127 .
Source: official Wisconsin text · Last verified 2026-08-27
Frequently Asked Questions About Wisconsin § 702.314
What does Wisconsin Statutes § 702.314 cover?
Section 702.314 ("Powerholder’s authority to revoke or amend exercise.") 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 § 702.314?
A common citation format is "Wisconsin Statutes § 702.314" (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 § 702.314 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.