SB368: Bill Text

SB368,37,5 (b) An express reference in a will to a contract and extrinsic evidence proving the terms of the contract.

SB368,37,7 (c) A valid written contract, including a marital property agreement under s. 766.58 (3) (e).

SB368,37,8 (d) Clear and convincing extrinsic evidence.

SB368,37,10 (2) The execution of a joint will or mutual wills does not create a presumption of a contract not to revoke the will or wills.

SB368, s. 142 Section 142. 853.15 (1) of the statutes is renumbered 853.15 (1) (a) and amended to read:

SB368,37,17 853.15 (1) (a) Unless the will provides otherwise, this subsection applies if a will gives a bequest or devise to one beneficiary and also clearly purports to give to another beneficiary a property interest which that does not pass under the will but belongs to the first beneficiary by right of ownership, survivorship, beneficiary designation, election under s. 861.02 (1) or otherwise .

SB368,37,24 (b) If the conditions in par. (a) are fulfilled, the first beneficiary must elect either to take under the will and transfer his or her property interest in accordance with the will, or to retain his or her property interest and not take under the will. If the first beneficiary elects not to take under the will, unless the will provides otherwise the bequest or his or her devise given him or her under the will is to shall be assigned by the court to the other beneficiary in lieu of the property interest which does not pass under the will.

SB368,38,3 (c) This section does not require an election if the property interest belongs to the first beneficiary by reason because of transfer or beneficiary designation made by the decedent after the execution of the will.

SB368, s. 143 Section 143. 853.16 (title) of the statutes is repealed.

SB368, s. 144 Section 144. 853.16 (1) of the statutes is renumbered 853.32 (2) (a).

SB368, s. 145 Section 145. 853.16 (2) of the statutes is renumbered 853.32 (2) (b) and amended to read:

SB368,38,11 853.32 (2) (b) Another document under sub. (1) par. (a) is valid even if it does not exist when the will is executed, even if it is changed after the will is executed and even if it has no significance except for its effect on the disposition of property by the will.

SB368, s. 146 Section 146. 853.19 of the statutes is repealed and recreated to read:

SB368,38,14 853.19 Advancement. The effect of a lifetime gift by the testator on the rights of a beneficiary under the will is governed by s. 854.09.

SB368, s. 147 Section 147. 853.25 (1) of the statutes is repealed and recreated to read:

SB368,38,19 853.25 (1) Children born or adopted after making of the will. (a) Applicability. Except as provided in sub. (5), if a will fails to provide for a child of the testator born or adopted after execution of the will, the child is entitled to a share of the estate unless any of the following applies:

SB368,38,21 1. It appears from the will or from other evidence that the omission was intentional.

SB368,38,25 2. The testator provided for the omitted child by transfer outside the will and the intent that the transfer be in lieu of a testamentary provision is shown by the testator's statements or is reasonably inferred from the amount of the transfer or other evidence.

SB368,39,8 (b) Share if testator had no living child at execution. Except as provided in sub. (5), if a will fails to provide for a child of the testator born or adopted after the execution of the will and the testator had no child living when he or she executed the will, the omitted child receives a share in the estate equal in value to that which the child would have received under ch. 852. This paragraph does not apply if the will devised all or substantially all of the estate to or for the benefit of the other parent of the omitted child and that other parent survives the testator and is entitled to take under the will.

SB368,39,13 (c) Share if testator had living child at execution. Except as provided in sub. (5), if a will fails to provide for a child of the testator born or adopted after the execution of the will and the testator had one or more children living when he or she executed the will and the will devised property to one or more of the then-living children, the omitted child is entitled to share in the testator's estate as follows:

SB368,39,15 1. The portion that the omitted child is entitled to share is limited to devises made to the testator's then-living children under the will.

SB368,39,19 2. The omitted child is entitled to receive the share of the testator's estate, as limited in subd. 1., that the child would have received had the testator included all omitted after-born and after-adopted children with the children to whom devises were made under the will and had given an equal share of the estate to each child.

SB368,39,22 3. To the extent feasible, the interest granted an omitted child under this section shall be of the same character, whether equitable or legal, present or future, as that devised to the testator's then-living children under the will.

SB368,40,2 4. In satisfying a share provided by this paragraph, devises to the testator's children who were living when the will was executed abate ratably. In abating the devises of the then-living children, the court shall preserve to the maximum extent possible the character of the testamentary plan adopted by the testator.

SB368,40,6 (d) Rights of issue. Except as provided in sub. (5), if a child entitled to a share under this section dies before the testator, and the child leaves issue who survive the testator, the issue who represent the deceased child are entitled to the deceased child's share.

SB368, s. 148 Section 148. 853.25 (2) of the statutes is amended to read:

SB368,40,17 853.25 (2) Living issue omitted by mistake. If Except as provided in sub. (5), if clear and convincing evidence proves that by mistake or accident the testator failed to provide in the testator's will for a child living at the time of making of the will, or for the issue of any then deceased child, by mistake or accident, including the mistaken belief that the child or issue of a deceased child was dead at the time the will was executed, the child or issue is entitled to receive a share in the estate of the testator equal in value to the share which the child or issue would have received if the testator had died intestate. But failure, as provided under sub. (1), as if the child or issue was born or adopted after the execution of the will. Failure to mention a child or issue in the will is not in itself evidence of mistake or accident.

SB368, s. 149 Section 149. 853.25 (4) of the statutes is amended to read:

SB368,40,21 853.25 (4) From what estate share is to be taken. Except as provided in sub. (5), the court shall in its final judgment assign the a share provided by this section under sub. (1) (b) as follows:

SB368,40,22 (a) From any First, from intestate property first;.

SB368,41,4 (b) The Any balance from each of the beneficiaries devise to a beneficiary under the will in proportion to the value of the estate each beneficiary would have received under the will as written, unless. If the obvious intention of the testator, shown by clear and convincing evidence, in relation to some specific gift or other provision in the will would thereby be defeated, in which case by assignment of the share as provided in this paragraph, the court may adopt a different apportionment and may exempt a specific gift devise or other provision.

SB368, s. 150 Section 150. 853.25 (5) of the statutes is amended to read:

SB368,41,17 853.25 (5) Discretionary power of court to assign different share. If in any case under sub. (1) or (2) the court determines that the intestate share is in a larger different amount than or form from what the testator would have wanted to provide for the omitted child or issue of a deceased child, because it exceeds the value of a provision for another child or for issue of a deceased child under the will, or that assignment of the intestate share would unduly disrupt the testamentary scheme, the court may in its final judgment make such provision for the omitted child or issue out of the estate as it deems would best accord with the probable intent of the testator, such as assignment, outright or in trust, of any amount less than the intestate share but approximating the value of the interest of other issue, or modification of the provisions of a testamentary trust for other issue to include the omitted child or issue.

SB368, s. 151 Section 151. 853.27 of the statutes is repealed and recreated to read:

SB368,41,20 853.27 Lapse. The rights under a will of a beneficiary who predeceases the testator are governed by s. 854.06.

SB368, s. 152 Section 152. 853.29 of the statutes is amended to read:

SB368,41,25 853.29 After-acquired property. A will is presumed to pass all property which that the testator owns at the testator's death and which that the testator has power to transmit transfer by will, including property acquired by the testator after the execution of the will or acquired by the testator's estate.

SB368, s. 153 Section 153. 853.32 of the statutes is created to read:

SB368,42,4 853.32 Effect of reference to another document. (1) Incorporation. A will may incorporate by reference another writing or document if all of the following apply:

SB368,42,6 (a) The will, either expressly or as construed from extrinsic evidence, manifests an intent to incorporate the other writing or document.

SB368,42,7 (b) The other writing or document was in existence when the will was executed.

SB368,42,9 (c) The other writing or document is sufficiently described in the will to permit identification with reasonable certainty.

SB368,42,10 (d) The will was executed in compliance with s. 853.03 or 853.05.

SB368,42,11 (2) Disposition of tangible personal property.

SB368,42,20 (c) If the document described in par. (a) is not located by the personal representative, or delivered to the personal representative or circuit court with jurisdiction over the matter, within 30 days after the appointment of the personal representative, the personal representative may dispose of tangible personal property according to the provisions of the will as if no such document exists. If a valid document is located after some or all of the tangible personal property has been disposed of, the document controls the distribution of the property described in it, but the personal representative incurs no liability for the prior distribution or sale of the property, as long as the time specified in this paragraph has elapsed.

SB368,42,22 (d) The duties and liability of a person who has custody of a document described in par. (a), or information about such a document, are governed by s. 856.05.

SB368,42,24 (e) Beneficiaries under a document that is described in par. (a) are not interested parties for purposes of s. 879.03.

SB368,43,3 (3) Transfers to living trusts. The validity and implementation of a will provision that purports to transfer or appoint property to a living trust are governed by s. 701.08.

SB368, s. 154 Section 154. 853.325 of the statutes is created to read:

SB368,43,11 853.325 Effect of reference to acts or events. A will may dispose of property by reference to acts or events that have significance apart from their effect on the disposition of property under the will and that do not occur solely for the purpose of determining the disposition of property under the will. Reference to the execution or revocation of another individual's will fulfills the requirements under this section. This section applies whether the acts or events occur before or after execution of the will or before or after the testator's death.

SB368, s. 155 Section 155. 853.33 of the statutes is repealed and recreated to read:

SB368,43,14 853.33 Gift of securities. Section 854.11 governs gifts of securities under a will.

SB368, s. 156 Section 156. 853.35 of the statutes is repealed and recreated to read:

SB368,43,18 853.35 Nonademption of specific gifts in certain instances. The rights of a beneficiary with respect to a specific gift that is destroyed, damaged, sold or condemned before the testator's death are governed by s. 854.08.

SB368, s. 157 Section 157. 853.40 of the statutes is repealed and recreated to read:

SB368,43,21 853.40 Disclaimer. A person to whom property would otherwise pass under a will may disclaim all or part of the property as provided in s. 854.13.

SB368, s. 158 Section 158. 853.41 of the statutes is created to read:

SB368,43,25 853.41 Applicability of general transfers at death provisions. Chapter 854 applies to transfers under wills, including transfers under a Wisconsin basic will or basic will with trust.

SB368, s. 159 Section 159. Subchapter II (title) of chapter 853 [precedes 853.50] of the statutes is created to read:

SB368,44,3 Chapter 853

SB368,44,5 Subchapter II Wisconsin basic wills

SB368, s. 160 Section 160. 853.50 (1) of the statutes is amended to read:

SB368,44,9 853.50 (1) "By right of representation" means that the issue of a deceased person inherit the share of an estate that their immediate ancestor would have inherited, if living according to the method specified in s. 854.04 (1).

SB368, s. 161 Section 161. 853.50 (3) of the statutes is amended to read:

SB368,44,14 853.50 (3) "Issue" means children, grandchildren, great-grandchildren, and lineal descendants of more remote degrees, including those who occupy that relation by reason of adoption under s. 851.51 854.20 and nonmarital children who are not legitimate and their lineal descendants to the extent provided by s. 852.05.

SB368, s. 162 Section 162. 853.51 (intro.) of the statutes is renumbered 853.51 (1) (intro.).

SB368, s. 163 Section 163. 853.51 (1) of the statutes is renumbered 853.51 (1) (a), and 853.51 (1) (a) 1., as renumbered, is amended to read:

SB368,44,20 853.51 (1) (a) 1. Complete the blanks, boxes and lines according to substantially in accordance with the instructions. Any failure to comply with instructions described under s. 853.54 (3) does not affect the validity of the will.

SB368, s. 164 Section 164. 853.51 (1) (bc) of the statutes is created to read:

SB368,44,22 853.51 (1) (bc) The witnesses shall comply with s. 853.03 (2).

SB368, s. 165 Section 165. 853.51 (2) of the statutes is repealed.

SB368, s. 166 Section 166. 853.51 (2m) of the statutes is created to read:

SB368,45,3 853.51 (2m) Any failure to comply with the instructions in a Wisconsin basic will or basic will with trust, other than the requirements for the testator's and witnesses' signatures, does not affect the validity of the will.

SB368, s. 167 Section 167. 853.55 (NOTICE) 6. of the statutes is amended to read:

SB368,45,10 853.55 (NOTICE) 6. THE WITNESSES TO THIS WILL SHOULD NOT BE PEOPLE WHO MAY RECEIVE PROPERTY UNDER THIS WILL. YOU SHOULD READ AND CAREFULLY FOLLOW THE WITNESSING PROCEDURE DESCRIBED AT THE END OF THIS WILL. ALL OF THE WITNESSES MUST WATCH YOU SIGN THIS WILL. EACH WITNESS MUST SIGN HIS OR HER NAME WITH YOU AND THE OTHER WITNESS PRESENT.

SB368, s. 168 Section 168. 853.55 (NOTICE) 9. of the statutes is amended to read:

SB368,45,13 853.55 (NOTICE) 9. THIS WILL TREATS ADOPTED CHILDREN AS IF THEY ARE NATURAL BIRTH CHILDREN.

SB368, s. 169 Section 169. 853.55 (Article 3) 3.3. of the statutes is repealed and recreated to read:

SB368,45,16 853.55 (Article 3) 3.3. BOND.

SB368,45,20 My signature in this box means I request that a bond, as set by law, be required for each individual personal representative or guardian named in this will. IF I DO NOT SIGN IN THIS BOX, I REQUEST THAT A BOND NOT BE REQUIRED FOR ANY OF THOSE PERSONS.

SB368,45,22 I sign my name to this Wisconsin Basic Will on ....... (date), at ........ (city), ........ (state).

SB368,45,23 Signature of Testator

SB368,45,25 STATEMENT OF WITNESSES (You must use two witnesses, who should be adults.)

SB368,46,4 I declare that the testator signed the will in front of me, acknowledged to me that this document was his or her will or acknowledged to me that the signature above is his or her signature. The testator appears to me to be of sound mind and not under undue influence.

SB368,46,5 Signature Residence Address:

SB368,46,6 Print Name

SB368,46,7 Here: Date Signed:

SB368,46,11 I declare that the testator signed the will in front of me, acknowledged to me that this document was his or her will or acknowledged to me that the signature above is his or her signature. The testator appears to me to be of sound mind and not under undue influence.