Classification of present and future interests
Wis. Stat. § 700.03
in effectInterests in property are classified as to time of enjoyment as:
(1) A present interest, which entitles the owner to the present possession or enjoyment of the benefits of property; or
(2) A future interest, which does not entitle the owner to possession or enjoyment of the benefits of property until a future time.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/700.03Fetched: 10/7/2026
