786.18 Ward's estate is subject to particular estates.
(1) If the real estate or interest therein of any minor or any individual adjudicated incompetent that is directed to be sold is subject to an estate for life or for years in the whole or any part thereof the order for the sale may, in the discretion of the court or presiding judge, direct that such estate shall be sold, with the reversionary estate or interest of the minor or individual.
(2) After a sale under sub. (1), the court or judge shall ascertain the present value of the estate and direct the payment of the sum in gross, or the investment of the proceeds or the proper portion of the proceeds and the payment of the interest to the person having the particular estate until the expiration of the estate.
History: 1979 c. 32 s. 63; Stats. 1979 s. 786.18; 1985 a. 29; 2005 a. 387.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
786.01 - Conveyance of lands held in trust by persons under disability.
786.02 - Specific performance of contract of individual adjudicated incompetent.
786.03 - Specific performance; order; appeal.
786.04 - Specific performance; conveyance; warranties.
786.05 - Specific performance; recording order; effect.
786.06 - Realty of wards; grounds for mortgage, sale, lease.
786.08 - Realty of wards; guardian; bond; prosecution of breach.
786.09 - Inquiry relative to sale or encumbrance.
786.10 - Order for lease, mortgage, sale.
786.11 - Contract for lease, mortgage, sale; approval.
786.12 - Wards; acquisition or other disposal of real estate.
786.13 - Platting realty of wards before sale.
786.14 - Realty of wards; will or conveyance not disregarded.
786.15 - Realty of wards, validity of the conveyance.
786.16 - Realty of wards; effect of sale; proceeds realty.
786.17 - Realty of wards, proceeds, how applied; accounts.
786.18 - Ward's estate is subject to particular estates.
786.19 - Ward's particular estate, disposition.
786.20 - Minor, ward of the court.
786.21 - Estate of individual adjudicated incompetent, management.
786.25 - Nonresident wards, foreign guardian to convey estate; special guardian.
786.26 - Future estates may be sold.
786.27 - Future estates, application for sale.
786.28 - Future estates, sale, referee bond.
786.29 - Future estates, sale, examination and report.
786.30 - Future estates, order for disposition.
786.31 - Future estates, approval of conveyance.
786.32 - Future estates, approved conveyance vests title.
786.33 - Proceeds deemed real estate.
786.34 - Future estates, proceeds placed in trust.
786.35 - Future estates, disposal, proceeding in rem.
786.36 - Changing names, court procedure.
786.37 - Change of name, notice of petition.
786.50 - Limitation of action to recover estate sold.
786.52 - When sale not avoided.