Nontestamentary transfer on death.

  1. Law
  2. Wisconsin Statutes & Annotations
  3. Multiple-party and agency accounts; nonprobate transfers at death; transfer on death security registration.
  4. Nontestamentary transfer on death.

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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.


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