857.015 Management and control of certain business property by holding spouse. A spouse who holds property described under s. 766.70 (3) (a), (aL), (b), or (d) which is not also held by the other spouse may direct in a will or other signed writing that the marital property interest of the nonholding spouse in such property be satisfied as provided under s. 861.015. The holding spouse shall identify in a will or other signed writing the property described under s. 766.70 (3) (a), (aL), (b), or (d) to which the directive applies. The signature of the holding spouse on a directive other than a will shall be acknowledged, attested or witnessed under ch. 140. The estate of the holding spouse may not execute a directive under this section. If at the death of a spouse the surviving spouse is the holding spouse, the surviving spouse may execute a directive under this section if executed within 90 days after the decedent spouse's death.
History: 1987 a. 393; 1997 a. 188; 2019 a. 125; 2021 a. 258.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 857 - Powers and duties of personal representatives.
857.01 - Ownership in personal representative; management and control.
857.015 - Management and control of certain business property by holding spouse.
857.03 - Powers and duties of personal representative; in general.
857.035 - Disposition of patient health care records.
857.04 - Distribution of marital and other expenses.
857.05 - Allowances to personal representative for expenses and services.
857.07 - Allowances to personal representative for costs.
857.09 - Procedure which may be followed when personal representative fails to perform.
857.10 - Failure to comply with certain statutes.
857.11 - Ordering personal representative to appear; costs.
857.13 - Powers of surviving personal representative.
857.15 - When personal representative removed, resigns.
857.17 - Validity of acts of personal representative prior to removal.
857.19 - When will proved after letters issued.
857.21 - Appointment of successor personal representative.
857.23 - Rights and powers of successor personal representative.
857.25 - Continuation of business.
857.27 - Personal representatives or trustees may form corporation or limited liability company.
857.29 - Personal representative may plat land.