705.29 Nontestamentary transfer on death.
(1) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and ss. 705.21 to 705.30 and is not testamentary.
(2) Sections 705.21 to 705.30 do not limit the rights of creditors of security owners against beneficiaries and other transferees under other laws of this state.
History: 1989 a. 331.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
705.02 - Creation of multiple-party or agency relationship.
705.03 - Ownership during lifetime.
705.04 - Right of survivorship.
705.05 - Designation and powers of agent.
705.06 - Protection of financial institutions.
705.09 - Applicability of general transfers at death provisions.
705.10 - Nonprobate transfers on death.
705.15 - Nonprobate transfer of real property on death.
705.18 - Nonprobate transfer of farming implements at death.
705.21 - Definitions; transfer on death security registration.
705.22 - Registration in beneficiary form; sole or joint tenancy ownership.
705.23 - Registration in beneficiary form; applicable law.
705.24 - Origination of registration in beneficiary form.
705.25 - Form of registration in beneficiary form.
705.26 - Effect of registration in beneficiary form.
705.27 - Ownership on death of owner.
705.28 - Protection of registering entity.
705.29 - Nontestamentary transfer on death.
705.30 - Terms, conditions and forms for registration.
705.31 - Applicability of general transfers at death provisions.