853.17 Effect of will provision changing beneficiary of life insurance or annuity.
(1) Any provision in a will which purports to name a different beneficiary of a life insurance or annuity contract than the beneficiary properly designated in accordance with the contract with the issuing company, or its bylaws, is ineffective to change the contract beneficiary unless the contract or the company's bylaws authorizes such a change by will.
(2) This section does not prevent the court from requiring the contract beneficiary to elect under s. 853.15 in order to take property under the will.
History: 2013 a. 92.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
853.01 - Capacity to make or revoke a will.
853.05 - Execution of wills outside the state or by nonresidents within this state.
853.09 - Deposit of will in circuit court during testator's lifetime.
853.12 - Premarital will or predomestic partnership will.
853.15 - Equitable election if will attempts to dispose of property belonging to beneficiary.
853.17 - Effect of will provision changing beneficiary of life insurance or annuity.
853.18 - Designation of beneficiary, payee or owner.
853.25 - Unintentional failure to provide for issue of testator.
853.29 - After-acquired property.
853.31 - Presumption that will passes all of testator's interest in property.
853.32 - Effect of reference to another document.
853.325 - Effect of reference to acts or events.
853.34 - Transfers to testamentary trusts.
853.35 - Nonademption of specific gifts in certain instances.
853.41 - Applicability of general transfers at death provisions.
853.53 - Selection of property disposition clause.
853.54 - Revocation or revision.
853.55 - Wisconsin basic will.
853.56 - Wisconsin basic will with trust.
853.57 - Personal, recreational and household items.
853.58 - Residuary estate; basic will.
853.59 - Residuary estate; basic will with trust.